PEGAS reaches a volume record on TTF Spot amidst a strong month of October

PEGAS reaches a volume record on TTF Spot amidst a strong month of October
PEGAS trading volumes in October 2017

Paris, 3 November 2017. PEGAS, the pan-European gas trading platform operated by Powernext, achieved one of its strongest results in October 2017 with a total volume of 187.3 TWh, up 43% compared to the previous year (October 2016: 131.2 TWh). A monthly volume record was registered on PEGAS TTF Spot with 23.3 TWh (previous record: 19.5 TWh in January 2017).

Spot Markets

Spot trading volume in October reached 75.7 TWh, an increase of 45% on the previous year (52.1 TWh). It represents the second best total figure registered on PEGAS Spot market. As mentioned, the Dutch market area TTF saw a record volume of 23.3 TWh traded (up 67% from October 2016). The German delivery zones NCG and GASPOOL registered a volume of 25.8 TWh, up 14% from October 2016 (24.0 TWh), while trading of quality-specific spot contracts reached 6.9 TWh. The French PEGs volume achieved 13.4 TWh, up 12% (October 2016: 12.0 TWh). The Austrian CEGH VTP totalled 6.4 TWh, while the Belgian markets ZTP and ZEE traded 4.1 TWh, which represents an increase of 91% compared to last year (2.1 TWh in October 2016). The Danish market ETF achieved one of its best months with 1.6 TWh in October.

Geographical spread transactions rose to 5.0 TWh, while the German and French locational and hourly products totalled 984 GWh.

Derivatives Markets

In October, PEGAS derivatives reached 111.7 TWh. an increase of 41% (October 2016: 79.1 TWh). The TTF futures market stood at 96.1 TWh (+ 56% compared to October 2016: 61.7 TWh). The NCG and GASPOOL delivery areas totalled 7.6 TWh (October 2016: 11.8 TWh). The PEG Nord and TRS market areas achieved 1.3 TWh. The Italian PSV delivery zone reached 4.3 TWh, up 42% (October 2016: 3.0 TWh). The CEGH VTP market area remained stable at 2.0 TWh.

Time spread transactions amounted to 9.5 TWh and the volume of geographical spread transactions accounted for 5.0 TWh.

Details on the natural gas 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, 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 October 2017

Gas Spot Market

Monthly volume
in MWh

Monthly volume – previous year
in MWh

Total

75,661,744

52,081,523

CEGH VTP

6,395,137

n/a

ETF

1,642,385

n/a

GASPOOL

9,162,281

7,997,641

NBP

32,707

38,305

NCG

16,650,750

14,699,468

PEG Nord

9,186,917

6,936,669

TRS

4,243,681

5,037,612

TTF

23,252,528

13,871,552

ZEE

154,390

24,178

ZTP

3,957,096

2,125,759

Locational Products. incl. Hourly Products

983,872

1,334,424

Gas Derivatives Market

Monthly volume
in MWh

Monthly volume – previous year
in MWh

Total

111,686,725

79,072,837

CEGH VTP

2,031,005

n/a

ETF

22,320

n/a

GASPOOL

2,684,423

6,972,550

NBP

0

0

NCG

4,899,803

4,817,303

PEG Nord

1,217,710

2,038,160

PSV Physical

4,257,720

2,767,200

PSV Financial

51,360

260,880

TRS

57,600

186,900

TTF

96,147,984

61,652,285

ZEE

0

240,759

ZTP

316,800

136,800

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