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PEGAS: Trading Results In July - Belgian ZTP Spot And Futures Launched Successfully

Date 04/08/2014

PEGAS, the natural gas platform jointly established by the European Energy Exchange (EEX) and Powernext, announced that a total volume of 45.8 TWh was traded in July 2014 compared with 14.8 TWh traded in the same period of the previous year.

Spot Markets

Overall trading volumes on the Spot Markets amounted to 20.5 TWh in July, which constituted more than twice the volume traded in July 2013 (9.8 TWh). The German spot markets (market areas GASPOOL and NCG) recorded a volume of 7.2 TWh (July 2013: 2.7 TWh), whereby 1.1 TWh have been traded in quality-specific gas products. The French spot markets (market areas PEG Nord, PEG Sud, PEG TIGF) registered a total of 7.3 TWh (July 2013: 6.2 TWh). The volume traded on the Dutch TTF spot market amounted to 5.9 TWh traded in July (July 2013: 1.0 TWh). The Belgian ZTP spot market, launched on 9 July 2014, recorded 88,104 MWh for its first month of trading.

Derivatives Markets

In July, trading volumes on the PEGAS Derivatives Markets increased to 25.3 TWh . This is more than 5-times the volume traded in the same period in 2013 (5.0 TWh). The volume on the German Futures markets (GASPOOL and NCG market areas) reached 6.6 TWh (July 2013: 1.9 TWh). In the French market areas, a total of 3.7 TWh was traded on PEG Nord and PEG Sud Futures (July 2013: 2.3 TWh). The Dutch TTF Futures market registered a total volume of 15.0 TWh traded in July (July 2013: 0.7 TWh). Furthermore, a volume of 7,440 MWh was registered in the new ZTP Futures market.

PEGAS – Monthly Figures Report for July 2014

 

 Volumes

 

Spot Market

Derivatives Market

 

Jul 2014
in MWh

Jul 2014
in MWh

GASPOOL

2,710,318

1,618,148

NCG

4,503,140

4,944,138

PEG Nord

5,032,700

3,598,440

PEG Sud

2,177,234

149,420

PEG TIGF

53,990

n/a

TTF

5,911,172

14,971,530

ZTP

88,104

7,440

Total

20,476,658

25,289,116

 

Indices

Spot Market

Index Name

Jul 2014 Index Value

(min. / max. in EUR/MWh)

GASPOOL

EEX Daily Reference Price

15.175 / 18.371

NCG

EEX Daily Reference Price

15.340 / 18.498

PEG Nord

Powernext Gas Spot DAP

Powernext Gas Spot EOD

15.42 / 18.40

15.68 / 18.48

PEG Sud

Powernext Gas Spot DAP

Powernext Gas Spot EOD

19.78 / 23.51

19.60 / 23.61

TTF

EEX Daily Reference Price

15.057 / 18.211

 

 

 

Derivatives Market

Index Name

Aug 2014 Index Value
(in EUR/MWh)

Germany

EGIX (European Gas Index) – Monthly Average

16.691

GASPOOL

EGIX – Monthly Average

16.556

NCG

EGIX – Monthly Average

16.831

PEG Nord

Powernext Gas Futures Monthly Index

17.29

PEG Sud

Powernext Gas Futures Monthly Index

21.97

TTF

Powernext Gas Futures Monthly Index

16.56