PEGAS, the pan-European gas trading platform operated by Powernext, reports one of its best months with a total volume of 184 TWh , up 21% compared to the previous year (September 2016: 152,4 TWh). This strong development was supported by a volume of 60.9 TWh on PEGAS Spot added to a total of 123.2 TWh on PEGAS Futures, including a record for the Italian PSV market area with 6.0 TWh.
Spot Markets
Spot trading volumes in September reached 60.9 TWh , an increase of 12% on the previous year (54.2 TWh). The Dutch market area TTF saw a volume of 17.5 TWh traded (up 1% from September 2016). The German delivery zones NCG and GASPOOL registered a volume of 20.5 TWh (September 2016: 23.6 TWh), while trading of quality-specific spot contracts reached 4.7 TWh. The French PEGs volume stood at 10.8 TWh (September 2016: 11.1 TWh). The Austrian CEGH VTP totalled 6.5 TWh, slightly short from its all-time high. The Belgian markets ZTP and ZEE traded 3.3 TWh, which represents more than the double of last year (1.6 TWh in September 2016). The volume on the Danish market ETF reached 1.4 TWh in September.
Geographical spread transactions rose to 3.8 TWh, while the German and French locational and hourly products totalled 784 GWh.
Derivatives Markets
In September, PEGAS derivatives climbed up to 123.2 TWh, an increase of 26% (September 2016: 98.1 TWh). The TTF futures market achieved an excellent result with 104.7 TWh (+ 26% compared to September 2016: 83.1 TWh). The NCG and GASPOOL delivery areas totalled 7.7 TWh (September 2016: 9.5 TWh). The PEG Nord and TRS market areas remained stable at 2.6 TWh year-on-year. The Italian PSV delivery zone doubled its previous monthly volume record with 6.0 TWh (previous high: 2.7 TWh in October 2016). The CEGH VTP market area reached 2.0 TWh.
Time spread transactions amounted to 18.2 TWh and the volume of geographical spread transactions accounted for 4.2 TWh.
Details on the natural gas results are available in the enclosed monthly report.
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 Austrian, Belgian, Danish, Dutch, French, German, Italian and UK market areas. The product range of PEGAS covers spot and derivatives contracts for the major European gas hubs as well as trading in location and time spread products. This setup enables market harmonisation and forms the preferred pan-European natural gas market. For more information: www.pegas-trading.com
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PEGAS – Monthly Figures Report for September 2017
Gas Spot Market |
Monthly volume |
Monthly volume – previous year |
Total |
60,872,989 |
54,238,133 |
CEGH VTP |
6,486,899 |
n/a |
ETF |
1,438,703 |
n/a |
GASPOOL |
7,399,748 |
6,308,618 |
NBP |
29,014 |
15,972 |
NCG |
13,125,183 |
17,330,619 |
PEG Nord |
7,122,631 |
7,479,735 |
TRS |
3,686,155 |
3,611,688 |
TTF |
17,476,596 |
17,291,340 |
ZEE |
68,725 |
2,227 |
ZTP |
3,255,506 |
1,616,845 |
Locational Products. incl. Hourly Products |
783,828 |
581,088 |
Gas Derivatives Market |
Monthly volume |
Monthly volume – previous year |
Total |
123,153,125 |
98,120,692 |
CEGH VTP |
1,955,650 |
n/a |
ETF |
22,350 |
n/a |
GASPOOL |
3,446,803 |
3,466,795 |
NBP |
0 |
0 |
NCG |
4,266,870 |
6,064,133 |
PEG Nord |
2,327,190 |
2,368,680 |
PSV Physical |
5,937,360 |
2,287,080 |
PSV Financial |
37,200 |
611,400 |
TRS |
222,890 |
214,520 |
TTF |
104,724,487 |
83,067,479 |
ZEE |
0 |
21,980 |
ZTP |
212,325 |
18,625 |