.jpg)
PEGAS, the pan-European gas trading platform operated by Powernext, today announced that a total volume of 71.6 TWh was traded in July 2015. This represents an increase of 57 % compared to the previous year (July 2014: 45.8 TWh).
Spot Markets
Overall spot trading volumes amounted to26.0 TWh which represents a year on year increase of 27 %. In July, PEGAS recorded volume increases in all market areas compared to last year: The German GASPOOL and NCG areas registered a volume of 9.1 TWh in July (+26 %), including 2.2 TWh traded in quality-specific gas products. The volume in the French PEG Nord and TRS market areas amounted to 9.2 TWh (+27 %). The Dutch TTF spot volume reached 7.4 TWh (+25 %). The total volume of spread transactions amounted to 1.9 TWh.
Derivatives Markets
In July, trading volumes on the PEGAS derivatives markets reached 45.7 TWh, representing an 81 % increase compared to the previous year. The Dutch TTF futures market contributed 32.5 TWh to the total volume which is twice the volume traded in July 2014. The German GASPOOL market area reached a monthly volume record of 4.2 TWh (previous record: 2.7 TWh in March 2014). The French PEG Nord and TRS market areas reached 3.4 TWh. The trading volumes in the recently launched NBP Futures (UK) and PSV Financial Futures (Italy) segments registered their best month so far with 581 GWh and 478 GWh respectively. The derivatives volume registered for clearing via trade registration amounted to 3.2 TWh.
Details on the natural gas volumes and prices 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 Belgian, 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 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
EEX Group provides the central market platform for energy, energy related and commodity products and enables access to a network of over 400 trading participants. The offering of the group comprises contracts for Energy, Environmentals, Freight, Metals and Agriculturals listed at the European Energy Exchange, EPEX SPOT (incl. APX-Belpex), Powernext, Cleartrade Exchange 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
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 40.3% in EPEX SPOT and 20% in EEX Power Derivatives. For more information: www.powernext.com
