PEGAS spot volumes in October: a double-digit growth and a new record on CEGH VTP

PEGAS spot volumes in October: a double-digit growth and a new record on CEGH VTP

Paris, 6 November 2019 - PEGAS, the pan-European gas trading platform of EEX Group operated by Powernext, registered a total volume of 212.0 TWh traded on the platform in October 2019, up to 12% compared to 2018.  

With 121.8 TWh, the spot segment reported a 15% growth compared to 2018 (October 2018: 106.3 TWh) and a record month for the Austrian CEGH VTP, which traded 9.71 TWh in October 2019 (previous record in January 2019: 9.67 TWh). 

90.2 TWh were traded on the futures segments, which represents a 9% raise year-on-year (October 2018: 82.8 TWh).


Spot Markets

In October, the spot segment amounted to 121.8 TWh (October 2018: 106.3 TWh). With 51.8 TWh, the Dutch TTF market registered a 43% growth compared to the previous year (October 2018: 36.3 TWh). The German delivery zones NCG and Gaspool registered a volume of 40.1 TWh, a raise of 25% compared to 2018 (October 2018: 32.2 TWh). Trading of quality-specific contracts reached 7.4 TWh. In France, the PEG reported 10.3 TWh (October 2018: 18.9 TWh). The Austrian CEGH VTP hit a new record and reached 9.7 TWh, up to 21% compared to 2018 (October 2018: 8.0 TWh). The Belgian markets ZTP and ZEE volumes amounted to 6.8 TWh (October 2018: 7.4 TWh). The Danish market ETF registered 1.1 TWh (October 2018: 2.0 TWh). With 757 GWh, NBP reported a new record (previous record in September 2019: 442 GWh).

Geographical spread transactions reached 9.8 TWh, while the German and French locational and hourly products reported 485.4 GWh. 


Derivatives Markets

In October, derivatives trading amounted to 90.2 TWh (October 2018: 82.8 TWh). The TTF market reached 75.7 TWh, up to 11% compared to 2018 (October 2018: 68.1 TWh). 

The NCG and GASPOOL delivery areas traded 5.0 TWh (October 2018: 5.8 TWh). CEGH VTP reported a volume of 5.1 TWh, 11% more than in October 2018 (October 2018: 4.6 TWh). 711.3 GWh were traded on the Spanish PVB in October 2019.The PEG market area reached 2.2 TWh, up to 51% compared to 2018 (October 2018: 1.4 TWh). The Italian PSV hub traded 832.8 GWh (October 2018: 1.3 TWh). The CZ VTP traded 210.1 GWh (October 2018: 496.2 GWh). 

The volume of geographical spread transactions accounted for 3.9 TWh and time spread transactions amounted to 3.6 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: www.powernext.com/pegas-trading