Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

PEGAS: New Monthly Record In February - Strong PEGAS Futures Driven By TTF Futures

Date 04/03/2015

PEGAS, the pan-European gas trading platform operated by Powernext, announced that a total volume of 79.9 TWh was traded in February 2015. This is an increase of 140% compared to the previous year (February 2014: 32.9 TWh) and represents the highest monthly volume ever traded on the PEGAS markets. The previous record was set in January 2015 with 72.1 TWh.

Spot Markets
Trading volumes on the Spot Markets amounted to 37.4 TWh in February (February 2014: 19.4 TWh). The volume on the German spot markets (GASPOOL and NCG market areas) amounted to 17.6 TWh (February 2014: 7.7 TWh). This volume includes 4.0 TWh traded in quality-specific gas products. On the French spot markets (PEG Nord, PEG Sud, PEG TIGF market areas), 9.6 TWh were traded (February 2014: 9.0 TWh). The volume on the Dutch TTF spot market reached 9.9 TWh which constitutes more than three times the previous year’s volume (February 2014: 2.6 TWh). At 333,564 MWh, the Belgian ZTP spot market registered its highest volume so far (previous record: 265,831 MWh in January 2015). The total volume of spread transactions amounted to 2.7 TWh.

Derivatives Markets
In February, trading volumes on the PEGAS Derivatives Markets reached a new record. A total of 42.5 TWh was registered (February 2014: 13.5 TWh), exceeding the previous record in January 2015 (30.9 TWh). The volume on the German Futures markets (GASPOOL and NCG market areas) amounted to 7.1 TWh (February 2014: 7.1 TWh). In the French market areas, a volume of 5.8 TWh was traded on PEG Nord and PEG Sud Futures (February 2014: 2.9 TWh). In addition, the Dutch TTF Futures market also registered a new monthly volume record of 29.6 TWh (February 2014: 3.4 TWh), which represents an increase of almost 50 % compared to the previous record accomplished in January 2015 at 20.0 TWh. In February, the total amount of spread transactions reached 2.7 TWh.

Details on the natural gas volumes and prices are available in the enclosed monthly report.

About PEGAS :
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 Belgian, Dutch, French and German 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 leading pan-European natural gas market. For more information: www.pegas-trading.com

About EEX:
EEX Group provides the central market platform for energy, energy related and commodity products and enables access to a network of over 350 trading participants. The offering of the group comprises contracts for Energy, Environmentals, Freight, Metals and Agriculturals listed at the European Energy Exchange, EPEX SPOT, Powernext, Cleartrade and Gaspoint Nordic. Clearing and settlement of transactions concluded or registered on the exchanges is provided by the central clearing house European Commodity Clearing. EEX is part of Deutsche Börse Group. For more information: www.eex.com

About Powernext:
Powernext is a regulated market operating under AMF supervision. Powernext manages the natural gas activities of the EEX Group under the PEGAS brand throughout Europe, and operates the National Registry for electricity guarantees of origin in France. Powernext owns 50% in EPEX SPOT, 20% in EEX Power Derivatives and 1.5% in ECC. For more information: www.powernext.com

_____

PEGAS – Monthly Figures Report for February 2015

Volumes

 

Spot Market

Derivatives Market

 

Feb 2015
in MWh

Feb 2015
in MWh

GASPOOL

6,026,400

1,895,892

NCG

11,547,434

5,205,390

PEG Nord

6,584,930

5,344,510

PEG Sud

2,797,400

467,170

PEG TIGF

182,140

n/a

TTF

9,904,590

29,599,105

ZTP

333,564

0

Total

37,376,458

42,512,067


 
Indices

Spot Market

Index Name

Feb 2015 Index Value

(min. / max. in EUR/MWh)

GASPOOL

EEX Daily Reference Price

20.842 / 24.122

NCG

EEX Daily Reference Price

20.920 / 24.161

PEG Nord

Powernext Gas Spot DAP

Powernext Gas Spot EOD

20.87 / 24.56

20.93 / 24.71

PEG Sud

Powernext Gas Spot DAP

Powernext Gas Spot EOD

20.94 / 25.07

20.89 / 25.65

TTF

EEX Daily Reference Price

20.381 / 24.019

 

 

 

Derivatives Market

Index Name

Mar 2015 Index Value
(in EUR/MWh)

Germany

EGIX (European Gas Index) – Monthly Average

22.215

GASPOOL

EGIX – Monthly Average

22.082

NCG

EGIX – Monthly Average

22.309

PEG Nord

Powernext Gas Futures Monthly Index

22.53

PEG Sud

Powernext Gas Futures Monthly Index

22.84

TTF

Powernext Gas Futures Monthly Index

22.04