.jpg)
PEGAS, the natural gas platform commonly established by the European Energy Exchange (EEX) and Powernext, announced that a total volume of 35.7 TWh was traded in May 2014.
Spot Markets
Overall trading volumes on the Spot Markets amounted to 21.8 TWh in May. The German spot markets (market areas GASPOOL and NCG) recorded a volume of
9.9 TWh, which represents almost three times the volume traded during the same period last year (May 2013: 3.7 TWh). This volume included 2.4 TWh traded in quality-specific gas products. The French spot markets (market areas PEG Nord, PEG Sud, PEG TIGF) registered a total of 6.6 TWh (May 2013: 3.8 TWh). The Dutch TTF spot market set a new monthly record with 5.3 TWh traded in May (May 2013: 1.4 TWh), also reaching new highs in terms of active trading participants and number of registered trades. The overall Spot Market volume included 816 GWh traded on spread products.
Derivatives Markets
In May, trading volumes on the PEGAS Derivatives Markets amounted to 13.9 TWh. The volume traded on the German Futures markets (GASPOOL and NCG market areas) more than tripled to 6.2 TWh compared to the previous year (May 2013:
1.7 TWh). The TTF Futures market amounted to 6.4 TWh in May (May 2013: 0.5 TWh). In the French market areas, a total of 1.3 TWh were traded on PEG Nord and PEG Sud Futures (May 2013: 2.3 TWh).
