PEGAS, the natural gas platform jointly established by the European Energy Exchange (EEX) and Powernext, announced that a total volume of 54.8 TWh was traded in September 2014 compared with 15.6 TWh traded in the same period of the previous year. For the first time, the monthly volume exceeded the natural gas threshold of 50 TWh, thus, representing the highest monthly volume traded on the PEGAS markets. The previous record was set in June 2014 with 48.8 TWh.
Spot Markets
Trading volumes on the Spot Markets totalled 23.9 TWh in September, amounting to more than twice the volume traded in September 2013 (10.6 TWh). The German spot markets (GASPOOL and NCG market areas) reached again the record level of the previous month, 10.3 TWh (September 2013: 4.0 TWh). The volume includes 2.5 TWh traded in quality-specific gas products. The French spot markets (PEG Nord, PEG Sud, PEG TIGF market areas) registered a total of 7.1 TWh (September 2013: 4.1 TWh). The volume on the Dutch TTF spot market increased to 6.5 TWh (September 2013: 2.5TWh). The Belgian ZTP spot market recorded 25,962 MWh. In September, transactions were concluded on all Spot spread products, totalling a volume of 1.4 TWh.
Derivatives Markets
In September, trading volumes on the PEGAS Derivatives Markets totalled 30.9 TWh (September 2013: 5.0 TWh). This represents the highest monthly volume ever traded on the PEGAS Futures markets (previous record: 27.1 TWh in June 2014). The volume on the German Futures markets (GASPOOL and NCG market areas) reached 6.9 TWh (September 2013: 2.0 TWh). In the French market areas, a total of 4.6 TWh was traded on PEG Nord and PEG Sud Futures (September 2013: 2.4 TWh). The Dutch TTF Futures market registered a record volume of 19.4 TWh traded in September (September 2013: 0.6 TWh). The previous record was set in June 2014 with 18.4 TWh.
In September 2014, Duf Energy Trading SA joined PEGAS as a new member. The
company was admitted for trading on the French PEG Spot and Futures markets. Furthermore, GASPOOL Balancing Services GmbH and Société Générale S.A. were admitted for trading on the TTF Spot market.
Details on the natural gas volumes and prices are available in the enclosed monthly report.