PEGAS registers strong spot volumes in November
Paris, 2 December 2016. PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 144.6 TWh in November 2016 which represents an increase of 12% compared to the previous year (129.3 TWh), supported by a strong spot market.
Spot Markets
Spot trading volumes in November reached 62.3 TWh, representing an increase of 36% compared to last year (45.7 TWh). The Dutch market area TTF registered a strong volume with 15.2 TWh, up 6% compared to November 2015 (14.4 TWh). A total volume of 28.3 TWh was traded on the German NCG and GASPOOL areas, which represents an increase of 41% compared to last year (November 2015: 20.0 TWh). Trading of quality-specific spot contracts for Germany totalled 8.6 TWh. The French PEGs reached a new record with 15.5 TWh (previous record: 12.0 TWh in October 2016). The Belgian ZTP and ZEE more than tripled last year’s volume with 2.4 TWh. Finally, spread transactions on all hubs amounted to 3.1 TWh, while the hourly products for Germany and France registered 1.5 TWh.
Launched on 17 November, the Danish ETF market recorded a strong volume with 882 GWh in less than 2 weeks of trading.
Derivatives Markets
In November, the volume on the PEGAS derivatives market reached 82.3 TWh, (November 2015: 83.5 TWh). The TTF futures market contributed 63.2 TWh to the total monthly derivatives volume. Trading in the NCG and GASPOOL delivery areas reached 14.3 TWh in November, which represents an increase of 34% compared to the previous year (10.6 TWh). The French PEG Nord and TRS market areas reached a volume of
3.2 TWh, while the Italian PSV market totalled 1.3 TWh. 278 GWh were traded on the Belgian ZTP and ZEE hubs. The total volume of spread transactions amounted to 6.3 TWh. Finally, the Danish ETF front month product traded over 52 GWh in its first two weeks.
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 spread products between these market areas. This setup enables market harmonisation and forms the preferred pan-European natural gas market. For more information: www.pegas-trading.com
Powernext SA
Jan Richter
Tel.: +33 (0) 1 73 03 96 00
Fax: +33 (0) 1 73 03 96 01
E-mail: press@powernext.com
www.powernext.com
5 Bd Montmartre | 75002 Paris
European Energy Exchange AG
Public Relations
Tel.: +49 341 21 56 - 300
Fax: +49 341 21 56 - 109
E-Mail: presse@eex.com
www.eex.com
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PEGAS – Monthly Figures Report for November 2016
Volumes
| Gas Spot Market | Monthly volume in MWh | Monthly volume – previous year in MWh |
| Total | 62,317,208 | 45,749,753 |
| ETF (launched 17 Nov) | 881,828 | n/a |
| GASPOOL | 7,571,242 | 6,667,358 |
| NBP | 24,706 | 17,145 |
| NCG | 19,225,603 | 13,379,154 |
| PEG Nord | 10,386,316 | 7,097,375 |
| TRS | 5,091,991 | 3,576,230 |
| TTF | 15,240,709 | 14,367,070 |
| ZEE | 52,460 | 2,784 |
| ZTP | 2,328,881 | 642,637 |
| Hourly Products | 1,513,472 | n/a |
| Gas Derivatives Market | Monthly volume in MWh | Monthly volume – previous year in MWh |
| Total | 82,308,826 | 83,511,445 |
| ETF (launched 17 Nov) | 52,080 | n/a |
| GASPOOL | 7,004,362 | 3,158,596 |
| NBP | 0 | 53,339 |
| NCG | 7,264,225 | 7,473,840 |
| PEG Nord | 2,843,800 | 3,272,960 |
| PSV Physical | 973,080 | 771,360 |
| PSV Financial | 349,440 | 495,360 |
| TRS | 310,930 | 532,580 |
| TTF | 63,232,481 | 67,753,410 |
| ZEE | 133,348 | 0 |
| ZTP | 145,080 | 0 |