PEGAS sees a strong August supported by a futures volume record on CEGH VTP

PEGAS sees a strong August supported by a futures volume record on CEGH VTP
PEGAS trading volumes in August 2018

Paris, 4 September 2018 - PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 150.6 TWh in August 2018 (August 2017: 164.5 TWh). On the futures segment, CEGH VTP shattered its own volume record to reach 8.8 TWh (previous record: 4.9 TWh in June 2018). 

Spot Markets

Spot trading volumes in August reached 79.4 TWh, up 50% over the previous year (53.1 TWh). On the Dutch TTF market area, 25.7 TWh were traded which was an increase of 56% (August 2017: 16.5 TWh). The German delivery zones NCG and Gaspool amounted to 26.3 TWh which represented a growth of 79% compared to the previous period (August 2017: 14.7 TWh). Trading of quality-specific contracts reached 4,8 TWh. The French PEG Nord and TRS totalled 11.4 TWh, up 3% (August 2017: 11.2 TWh). CEGH VTP volume reached 6.3 TWh, up 6% (August 2017: 6.0 TWh). The Belgian markets ZTP and ZEE volumes traded 6.9 TWh, more than twice last year’s volume (August 2017: 2.7 TWh). The Danish market ETF registered 1.7 TWh, an increase of 11% over last year (August 2017: 1.5 TWh). Finally, the Czech market area CZ VTP traded 373.7 GWh. 

Geographical spread transactions reached 6.9 TWh, while the German and French locational and hourly products totalled 506 GWh. 


Derivatives Markets

In August, PEGAS derivatives volumes reached 71.2 TWh (August 2017: 111.5 TWh). The TTF market registered 55.3 TWh (August 2017: 99.2 TWh). Trading volumes in the NCG and GASPOOL delivery areas totalled 4.2 TWh (August 2017: 5.2 TWh). CEGH VTP broke its own volume record with 8.8 TWh (August 2017: 3.1 TWh). In France, the PEG Nord and TRS market areas reached 785.4 GWh (August 2017: 1.6 TWh). The Italian PSV hub registered 883.9 GWh (August 2017: 2.2 TWh). The ZTP and ZEE hubs totalled 853.6 GWh (August 2017: 86 GWh). Trading on the CZ VTP hub amounted to 358.8 GWh.

The volume of geographical spread transactions accounted for 3.3 TWh and time spread transactions amounted to 3.0 TWh. Finally, 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 August 2018

 

Gas Spot Market

Monthly volume
in MWh

Monthly volume – previous year
in MWh

Total

79,368,274

53,065,326

CEGH VTP

6,303,338

5,968,879

CZ VTP

373,704

n/a

ETF

1,681,604

1,518,548

GASPOOL

10,771,463

6,248,117

NBP

96,215

2,931

NCG

15,524,899

8,451,247

PEG Nord

7,610,134

6,609,144

TRS

3,835,673

4,551,756

TTF

25,721,949

16,525,557

ZEE

328,210

116,496

ZTP

6,615,552

2,613,310

Congestion Management Platform (France)

 

n/a

Locational Products. incl. Hourly Products

505,533

459,341

Gas Derivatives Market

Monthly volume
in MWh

Monthly volume – previous year
in MWh

Total

71,186,364

111,469,613

CEGH VTP

8,789,810

3,113,245

CZ VTP

358,753

n/a

ETF

0

0

GASPOOL

1,913,400

2,314,293

NBP

78,865

0

NCG

2,271,206

2,932,620

PEG Nord

783,580

1,467,700

PSV Physical

883,931

2,132,280

PSV Financial

0

88,080

TRS

1,800

172,800

TTF

55,251,372

99,162,195

ZEE

67,406

0

ZTP

786,240

86,400

Gas Options Market

Monthly volume
in MWh

Monthly volume – previous year
in MWh

Total

89,400

N/A

TTF

84,400

N/A

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