The European Energy Exchange (EEX) reported a new record volume on its European Gas Spot markets in first half 2021 with 860.3 TWh traded, up 20% compared to the same period last year (H1 2020: 718.5 TWh). This performance was driven by unprecedented volumes on the German NCG (+40% to 177.3 TWh) and GASPOOL market areas (+32% to 117.0 TWh) as well as on the French PEG hub (+29% to 99.3 TWh). The French hub has been growing every month, boosted by a strong demand in France.
The Austrian CEGH VTP and Czech VTP markets have been significantly bullish in first half of 2021: The Austrian gas hub reported a new high to 59.3 TWh, up 38% compared to 2020 (H1 2020: 42.9 TWh), while the Czech market more than doubled its traded volume to 7.3 TWh (H1 2020: 3.6 TWh).
Steffen Köhler, EEX Chief Operating Officer, comments: “I am excited to see that we confirmed our leading position in European gas spot trading during the first half year, building liquidity and gaining market shares in strategic markets areas like Austria and the Netherlands. These results enable us to provide our customers with even more robust, credible and reliable indices like the European Gas Spot Index (EGSI), which our Financial Gas contracts are cash-settled against.”
EEX launched Financial Gas futures on 28th June, raising a strong interest across the European markets and attracting players from the traditional Gas trading community and financial companies.
EEX Volumes (MWh)
TOTAL Natural Gas Spot Market Europe
CEGH VTP Natural Gas Spot
CZ VTP Natural Gas Spot
ETF Natural Gas Spot
GASPOOL Natural Gas Spot
NBP Natural Gas Spot
NCG Natural Gas Spot
PEG Natural Gas Spot
PVB Natural Gas Spot
TTF Natural Gas Spot
ZEE Natural Gas Spot
ZTP Natural Gas Spot
For the full overview of EEX Group’s volumes in the first half of 2021, please click here.
The European Energy Exchange (EEX) is the leading energy exchange which develops, operates and connects secure, liquid and transparent markets for energy and commodity products around the globe. As part of EEX Group, a group of companies serving international commodity markets, it offers contracts on Power, Natural Gas and Emission Allowances as well as Freight and Agricultural Products. EEX also provides registry services as well as auctions for Guarantees of Origin, on behalf of the French State. More information: www.eex.com