Mibgas

Price

Day Ahead ES - 21/05

36,06 €/MWh
1,77 €/MWh
5,2%
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 the Market Instruction - Last price methodology. Data is updated at 6:00 p.m.

PVB: Spanish Virtual Trading Point

Price

Month Ahead ES - Jun

36,08 €/MWh
2,13 €/MWh
6,3%
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 Market Instruction - Last price methodology. Data is updated at 6:00 p.m.

VTP: Portuguese Virtual Balancing Point

Price

Day Ahead PT

36,11 €/MWh
1,76 €/MWh
5,1%
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 Market Instruction - Last price methodology. 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
21/05
36,06
MIBGAS PVB
Average Price Index
(API) Day Ahead
21/05
35,38
Product
Delivery
Price (€/MWh)
 
 
 
Within-day
20/05
35,60
22/05
36,18
 
23/05
36,00
 
Weekend
24/05 - 26/05
35,76
Balance of month
May 2025
36,06
July 2025
36,15
 
August 2025
36,44
 
Q4 2025
37,32
 
Q1 2026
37,38
 
Q2 2026
33,24
 
Summer 2026
33,05
 
Winter 2026
33,53
 
2027
29,30
 

News

3000 MWh/d matched in a new auction of the PVB-LPI 25 Q4
MIBGAS Derivatives has held another auction in which a total of 3000 MWh/d at 0,07 €/MWh have been awarded
13/05/2025
DH2 Energy and MIBGAS give a positive assessment of the first hydrogen auction on the Iberian market
The auction was for the production of renewable hydrogen from DH2 Energy's Hysencia plant, with 35 MW of electrolysis capacity
12/05/2025
480 MWh/d matched in a new auction of the Cal 27 PVB
MIBGAS Derivatives has held another auction in which a total of 480 MWh/d at €29,25 /MWh have been awarded
09/05/2025
MIBGAS Partners with Pexapark to Support Iberia’s Green Hydrogen Market
MIBGAS partners with Pexapark as provider of benchmark renewable energy PPA pricing data to support the MIBGAS IBHYX hydrogen index.
03/04/2025
400 MWh/d matched in a new auction of the PVB Q4 2025
MIBGAS Derivatives has held another auction in which a total of 400 MWh/d at €40,45 /MWh have been awarded
28/03/2025
1000 MWh/d matched in two news auctions of the PVB CAL 2026 and CAL 2027
MIBGAS Derivatives has held two auctions in which a total of 1000 MWh/d at 35,69 €/MWh and 28,77 €/MWh have been awarded
21/03/2025
1200 MWh/d matched in a new auction of the PVB-LPI Q4 2025
MIBGAS Derivatives has held another auction in which a total of 1200 MWh/d at €0,07/MWh have been awarded
21/02/2025
MIBGAS IBHYX, the first Iberian renewable hydrogen price index is published starting today
The IBHYX index reflects a production price for 100% renewable hydrogen of 5.85 €/kg (148.36 €/MWh)
16/12/2024
200 MWh/d matched in a new auction of the Y+1
MIBGAS Derivatives has held another auction in which a total of 200 MWh/d at €43.32/MWh have been awarded for the Cal25 product (PVB).
11/12/2024