PEGAS, the natural gas platform jointly established by the European Energy Exchange (EEX) and Powernext, announced that a total volume of65.4 TWh was traded in October 2014. Compared to the previous year, the volume almost tripled (October 2013: 22.5 TWh) and represents the highest monthly volume ever traded on the PEGAS markets. The previous record was set in September 2014 with 54.8 TWh.
Spot Markets
Trading volumes on the Spot Markets reached an all-time high of 35.9 TWhin October (October 2013: 15.2 TWh) with new records in the German, French and Dutch markets. The German spot markets (GASPOOL and NCG market areas) reached 18.6 TWh and, therefore, exceeded the previous record (10.3 TWh in September 2014) by more than 80 percent. The volume also includes 4.3 TWh traded in quality-specific gas products. The French spot markets (PEG Nord, PEG Sud, PEG TIGF market areas) registered 9.7 TWh (October 2013: 7.7 TWh), including a new high of 6.7 TWh on PEG Nord. The volume on the Dutch TTF spot market increased to 7.7 TWh. The Belgian ZTP spot market volume amounted to 12,149 MWh. In October, the total number of spread transactions reached 2.4 TWh, including 20 GWh on the newly introduced NCG-L/TTF spread product.
Derivatives Markets
In October, trading volumes on the PEGAS Derivatives Markets more than quadrupled compared to the previous year with a volume of 29.3 TWh(October 2013: 7.3 TWh). The volume on the German Futures markets (GASPOOL and NCG market areas) amounted to 5.5 TWh (October 2013: 2.9 TWh). In the French market areas, a total of 5.3 TWh was traded on PEG Nord and PEG Sud Futures (October 2013: 2.8 TWh). On Dutch TTF Futures, a more than 10-fold increase in volume, compared to the previous year was observed, with 18.5 TWh traded (October 2013: 1.6 TWh). In October, the total amount of spread transactions reached a record volume of 2.9 TWh.
Details on the natural gas volumes and prices are available below.
PEGAS – Monthly Figures Report for October 2014
Volumes
|
|
Spot Market |
Derivatives Market |
|
|
Oct 2014 |
Oct 2014 |
|
GASPOOL |
7,214,445 |
2,038,226 |
|
NCG |
11,351,344 |
3,432,453 |
|
PEG Nord |
6,742,215 |
4,795,380 |
|
PEG Sud |
2,917,663 |
538,200 |
|
PEG TIGF |
17,250 |
n/a |
|
TTF |
7,602,037 |
18,484,690 |
|
ZTP |
12,149 |
0 |
|
Total |
35,857,103 |
29,288,949 |
Indices
|
Spot Market |
Index Name |
Oct 2014 Index Value (min. / max. in EUR/MWh) |
|
GASPOOL |
EEX Daily Reference Price |
20.121 / 22.948 |
|
NCG |
EEX Daily Reference Price |
19.998 / 22.907 |
|
PEG Nord |
Powernext Gas Spot DAP Powernext Gas Spot EOD |
20.24 / 23.14 19.80 / 23.09 |
|
PEG Sud |
Powernext Gas Spot DAP Powernext Gas Spot EOD |
21.97 / 29.67 21.15 / 30.08 |
|
TTF |
EEX Daily Reference Price |
19.336 / 22.503 |
|
|
|
|
|
Derivatives Market |
Index Name |
Nov 2014 Index Value |
|
Germany |
EGIX (European Gas Index) – Monthly Average |
23.243 |
|
GASPOOL |
EGIX – Monthly Average |
23.144 |
|
NCG |
EGIX – Monthly Average |
23.338 |
|
PEG Nord |
Powernext Gas Futures Monthly Index |
23.65 |
|
PEG Sud |
Powernext Gas Futures Monthly Index |
27.45 |
|
TTF |
Powernext Gas Futures Monthly Index |
23.02 |
