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EEX Natural Gas Spot Markets Reach A New High In First Half Year 2021

Date 15/07/2021

  • Total of 860 TWh traded volume in first half 2021, up 20% vs H1 2020
  • Record volumes on the Austrian, French, German (NCG) and Czech gas hub

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)

H1 2021

H1 2020

Change

TOTAL Natural Gas Spot Market Europe

860,337,533

718,476,531

20%

CEGH VTP Natural Gas Spot

59,305,721

42,907,949

38%

CZ VTP Natural Gas Spot

7,279,886

3,587,298

103%

ETF Natural Gas Spot

10,018,383

5,851,878

71%

GASPOOL Natural Gas Spot

117,043,714

89,006,148

32%

NBP Natural Gas Spot

868,695

2,787,818

-69%

NCG Natural Gas Spot

177,270,225

126,294,960

40%

PEG Natural Gas Spot

99,287,070

76,784,721

29%

PVB Natural Gas Spot

0

2,000

-100%

TTF Natural Gas Spot

320,672,476

312,143,952

3%

ZEE Natural Gas Spot

1,322,546

4,760,632

-72%

ZTP Natural Gas Spot

67,268,817

54,349,175

24%

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