PEGAS achieves its second highest monthly volume including a record on PSV Futures

PEGAS achieves its second highest monthly volume including a record on PSV Futures
PEGAS trading volumes in November 2017

PEGAS, the pan-European gas trading platform operated by Powernext, achieved its second best monthly trading volume with 194.5 TWh, up 34% compared to the previous year (November 2016: 144.6 TWh). It includes a volume record on the futures segment of the Italian PSV market area with 6.3 TWh (previous record: 6.0 TWh in August 2017).

Spot Markets

Spot trading volume in November reached 74.3 TWh, up 19% from the previous year (62.3 TWh). Over 22.1 TWh were traded on the Dutch market area TTF, which is 45% higher than November 2016 (15.2 TWh). The German delivery zones NCG and GASPOOL registered a volume of 25.3 TWh, while trading of quality-specific spot contracts reached 7.6 TWh. The French PEGs volume traded 14.9 TWh and the Austrian CEGH VTP totalled 5.7 TWh. The Belgian markets ZTP and ZEE volumes amounted to 2.9 TWh. The Danish market ETF achieved an excellent month with 1.5 TWh.

Geographical spread transactions reached 4.2 TWh, while the German and French locational and hourly products totalled 1.9 TWh.

Derivatives Markets

In November, PEGAS derivatives rose to 120.3 TWh. up 46% from the previous year (November 2016: 82.3 TWh). The TTF futures market crossed the 100 TWh mark with a total of 101.3 TWh, which represents a 60% increase from November 2016 (63.2 TWh). The NCG and GASPOOL delivery areas reached 9.6 TWh. In France, the PEG Nord and TRS market areas reached 738 GWh. The Italian PSV delivery zone achieved its best month with 6.3 TWh and the CEGH VTP market area totalled 2.0 TWh.

Time spread transactions amounted to 6.9 TWh and the volume of geographical spread transactions accounted for 6.6 TWh.

Details on the natural gas results are available below.


PEGAS is the central gas trading platform of EEX Group operated by Powernext. PEGAS provides its members with access to all products on one single platform and allows them to trade natural gas contracts in the Austrian, Belgian, Danish, Dutch, French, German, Italian and UK market areas. The product range of PEGAS covers spot and derivatives contracts for the major European gas hubs as well as trading in location and time spread products. This setup enables market harmonisation and forms the preferred pan-European natural gas market. For more information: www.pegas-trading.com  

 

PEGAS – Monthly Figures Report for November 2017

Gas Spot Market

Monthly volume
in MWh

Monthly volume – previous year
in MWh

Total

74,264,031

62,317,208

CEGH VTP

5,722,532

n/a

ETF

1,526,127

881,828

GASPOOL

9,733,544

7,571,242

NBP

5,920

24,706

NCG

15,523,140

19,225,603

PEG Nord

10,205,816

10,386,316

TRS

4,652,844

5,091,991

TTF

22,110,623

15,240,709

ZEE

177,807

52,460

ZTP

2,737,096

2,328,881

Locational Products. incl. Hourly Products

1,868,582

1,513,472

Gas Derivatives Market

Monthly volume
in MWh

Monthly volume – previous year
in MWh

Total

120,251,038

82,308,826

CEGH VTP

1,862,905

n/a

ETF

52,080

52,080

GASPOOL

2,284,819

7,004,362

NBP

0

0

NCG

7,312,917

7,264,225

PEG Nord

665,620

2,843,800

PSV Physical

6,276,840

973,080

PSV Financial

7,440

349,440

TRS

72,230

310,930

TTF

101,336,354

63,232,481

ZEE

22,713

133,348

ZTP

357,120

145,080

                                                                                                                                                        

 

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