PEGAS spot volumes: new record for ZTP and CEGH VTP in November

PEGAS spot volumes: new record for ZTP and CEGH VTP in November

Paris, 4 December 2019 - PEGAS, the pan-European gas trading platform of EEX Group operated by Powernext, registered a total volume of 195.0 TWh in November.  

With 127.6 TWh, the spot segment reported a 23% growth compared to 2018 (November 2018: 103.9 TWh) and the fourth record month for the Austrian CEGH VTP since the begining of the year: 10.1 TWh traded in November 2019 (previous record in October 2019: 9.7 TWh). With 9.1 TWh, the Belgian ZTP also reached a new high in November (previous record: 8.5 TWh in March 2019).  

Derivatives trading amounted to 67.4 TWh (November 2018: 89.4 TWh).

Spot Markets

In November, the spot segment amounted to 127.6 TWh (November 2018: 103.9 TWh). With 50.5 TWh, the Dutch TTF market registered a 20% growth compared to the previous year (November 2018: 42.1TWh). The German delivery zones NCG and Gaspool registered a volume of 40.7 TWh, a raise of 22% compared to 2018 (November 2018: 33.2 TWh). Trading of quality-specific contracts reached 11.5 TWh. In France, the PEG reported 13.5 TWh, in progression of 43% year-on-year (November 2018: 9.4 TWh). The Austrian CEGH VTP reached 10.1 TWh, up to 40% compared to 2018 (November 2018: 7.2 TWh). The Belgian markets ZTP and ZEE volumes amounted to 10.1 TWh, which represents a 39% growth compared to previous year (November 2018: 7.3 TWh). The Danish market ETF registered 1.2 TWh (November 2018: 2.7 TWh). 

Geographical spread transactions reached 13.2 TWh, while the German and French locational and hourly products reported 616.0 GWh. 

Derivatives Markets

In November, derivatives trading amounted to 67.4 TWh (November 2018: 89.4 TWh). The TTF market reached 56.8 TWh (November 2018: 74.2 TWh). The NCG and GASPOOL delivery areas traded 2.9 TWh (November 2018: 5.5 TWh). CEGH VTP reported a volume of 5.4 TWh (November 2018: 5.2 TWh). 87.8 GWh were traded on the Spanish PVB in November 2019.The PEG market area reached 1.6 TWh (November 2018: 2.3 TWh). The Italian PSV hub traded 151.2 GWh (November 2018: 1.4 TWh). The CZ VTP traded 244.6 GWh (November 2018: 549.0 GWh). 

The volume of geographical spread transactions accounted for 3.6 TWh and time spread transactions amounted to 7.2 TWh.

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, Spanish 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: