Mibgas

Price

Day Ahead ES - 26/02

22,73 €/MWh
0,18 €/MWh
0,8%
Last Price (€/MWh) of the PVB daily product with delivery on the next working day (Day Ahead). The variation of this price with respect to the previous one is also indicated. Trading sessions in business days.

Last Price (€/MWh) of the Month Ahead PVB product with delivery the following month (M+1). The variation of this price with respect to the previous one is also indicated.

Calculation methodology according to Spanish Market Rules. Data is updated at 18:00h.

PVB: Spanish Virtual Trading Point

Price

Month Ahead ES - Mar

22,23 €/MWh
0,50 €/MWh
2,2%
Last Price (€/MWh) of the VTP daily product with delivery on the next working day (Day Ahead). The variation of this price with respect to the previous one is also indicated. Trading sessions in business days.

Calculation methodology according to the Portuguese Market Rules. Data update at 6:00 p.m.

VTP: Portuguese Virtual Balancing Point

Price

Day Ahead PT - 26/02

22,73 €/MWh
0,38 €/MWh
1,6%
PVB PVB-LPI PVB-TTF TVB AVB VTP MIBGAS PVB Last Price Index (LPI) Day Ahead (€/MWh): Index calculated per gas day from the Last Price of the last trading session of the Day Ahead or Weekend products with delivery in the PVB, depending on the delivery day.

MIBGAS PVB Average Price Index (API) Day Ahead (€/MWh): Index calculated per gas day from the Reference Price of the last trading session, of the Day Ahead or Weekend products with delivery at the PVB, according to the delivery day.

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Last Price (€/MWh) of each product for the last trading session. Graphs show the evolution of the Last Price (€/MWh) for each product and trading session over the past 31 days.

Last Price calculation methodology according to the Spanish and Portuguese Market Rules. Data update at 6:00 p.m., except for the Within-day product with delivery in the PVB and in the VTP which is updated at 9:30 p.m.

- PVB: Spanish Virtual Balancing Point
- PVB-LPI: products with physical delivery at the PVB (Spanish Virtual Balancing Point), whose price is indexed to the MIBGAS PVB Last Price Index (LPI) Day Ahead plus the matched spread on the screen
- PVB-TTF: products with physical delivery at the PVB (Spanish Virtual Balancing Point), whose price is indexed to the TTF (Title Transfer Facility, dutch virtual trading point) plus the matched spread on the screen
- TVB: Spanish Virtual Balancing Tank
- AVB: Spanish Virtual Balancing Storage
- VTP: Portuguese Virtual Balancing Point
Index
Delivery
Price (€/MWh)
 
 
 
MIBGAS PVB
Last Price Index
(LPI) Day Ahead
26/02
22,73
MIBGAS PVB
Average Price Index
(API) Day Ahead
26/02
22,42
Product
Delivery
Price (€/MWh)
 
 
 
Within-day
25/02
24,94
27/02
23,42
 
28/02
23,48
 
Weekend
24/02 - 25/02
22,73
Balance of month
February 2024
22,73
April 2024
22,55
 
May 2024
22,66
 
Q3 2024
23,19
 
Q4 2024
26,41
 
Q1 2025
28,31
 
Winter 2024
27,35
 
Summer 2025
25,74
 
2026
26,00
 

News

They can be traded directly on the iberian gas market platform or registered as OTC transactions
12/02/2024
MIBGAS is naturally configured as a hydrogen marketplace
31/01/2024
Trading in the iberian gas market continued to grow as in previous years, the increase in 2023 relative to 2022 being 22%.
17/01/2024
 Following the success of the auction held last week, EMT Madrid has decided to rely once more
28/12/2023
A total of 500 MWh/d at €33.40/MWh were awarded in the PVB market session and for the Cal24 product (Y+1)
21/12/2023
This committee has a series of functions in favour of decarbonisation and the use of renewable gases
14/12/2023
Monthly futures products (M+1, M+2 and M+3) with physical delivery, traded and settled at a fixed price, and are available for trading
24/10/2023
It now includes new products and the price indices defined by MIBGAS in its methodology.
10/10/2023
This action plan arises from a collaboration with the University of Alcalá de Henares and complements and expands actions was already being taken
27/09/2023