PEGAS closes September with its highest volume on the futures segments in 2018

PEGAS closes September with its highest volume on the futures segments in 2018
PEGAS trading volumes in September 2018

Paris, 2 October 2018 - PEGAS, the pan-European gas trading platform operated by Powernext, saw a strong push on its futures market during the month of September to achieve its highest volume in 2018 on this segment with 96.8 TWh. A total volume of 169.4 TWh was traded over September 2018 (September 2017: 184 TWh), including 173 GWh on the options market. 

Spot Markets

Spot trading volumes in September reached 72.4 TWh, up 19% over the previous year (60.9 TWh). 24.9 TWh were traded on the Dutch TTF market area which was an increase of 43% (September 2017: 17.5 TWh). The German delivery zones NCG and Gaspool achieved 25.1 TWh which represented a growth of over 22% compared to the previous period (September 2017: 20.5 TWh). Trading of quality-specific contracts reached 4,6 TWh. The French PEG Nord and TRS stood at 10.7 TWh, slightly down from last year (September 2017: 10.8 TWh). The Austrian CEGH VTP volume reached 5.1 TWh (September 2017: 6.5 TWh). The Belgian markets ZTP and ZEE volumes traded 4.5 TWh, up 34% (September 2017: 3.3 TWh). The Danish market ETF registered 1.4 TWh, approximately the same as last year (September 2017: 1.4 TWh). Finally, the Czech market area CZ VTP traded 126.4 GWh. 

Geographical spread transactions reached 5.4 TWh, while the German and French locational and hourly products totalled 569 GWh. 

Derivatives Markets

In September, PEGAS derivatives closed the gas year in an optimistic mood with 96.8 TWh traded. The TTF market registered 82.6 TWh (September 2017: 104.7 TWh). Trading volumes in the NCG and GASPOOL delivery areas totalled 5.4 TWh (September 2017: 7.7 TWh). CEGH VTP more than doubled last year’s volume, achieving 5.4 TWh (September 2017: 2.0 TWh). Ahead of the French zone merger, the PEG Nord and TRS market areas reached 1.3 TWh (September 2017: 2.6 TWh). The Italian PSV hub registered 1.4 TWh (September 2017: 6.0 TWh). The ZTP and ZEE hubs totalled 319.5 GWh (September 2017: 212.3 GWh). Trading on the CZ VTP hub amounted to 406.9 GWh.

The volume of geographical spread transactions accounted for 5.1 TWh and time spread transactions amounted to 3.5 TWh. Finally, 4.4 TWh were traded on PEGAS’ OTC platforms.

Details of the market results are available in the enclosed monthly report.


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, Czech, 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, time spread, and options products on the TTF hub. This setup enables market harmonisation and forms the preferred pan-European natural gas market. For more information: www.powernext.com/pegas-trading
 

PEGAS – Monthly Volume Report for September 2018

Gas Spot Market

Monthly volume
in MWh

Monthly volume – previous year
in MWh

Total

72,404,412

60,872,989

CEGH VTP

5,096,037

6,486,899

CZ VTP

126,384

n/a

ETF

1,397,369

1,438,703

GASPOOL

9,894,369

7,399,748

NBP

64,476

29,014

NCG

15,190,783

13,125,183

PEG Nord

6,973,457

7,122,631

TRS

3,689,816

3,686,155

TTF

24,935,939

17,476,596

ZEE

170,421

68,725

ZTP

4,296,638

3,255,506

Congestion Management Platform (France)

 

n/a

Locational Products. incl. Hourly Products

568,723

783,828

Gas Derivatives Market

Monthly volume
in MWh

Monthly volume – previous year
in MWh

Total

96,773,717

123,153,125

CEGH VTP

5,376,112

1,955,650

CZ VTP

406,881

n/a

ETF

22,350

22,350

GASPOOL

1,430,403

3,446,803

NBP

10,726

0

NCG

3,960,395

4,266,870

PEG Nord

1,329,672

2,327,190

PSV

1,359,973

5,937,360

TRS

5,580

222,890

TTF

82,552,170

104,724,487

ZEE

0

0

ZTP

319,455

212,325

Gas Options Market

Monthly volume
in MWh

Monthly volume – previous year
in MWh

Total

172,800

N/A

TTF

172,800

N/A