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PEGAS: Volumes For August 2013 - EEX 24/7 Spot Market Successful Migrated

Date 04/09/2013

PEGAS, the natural gas platform formed by cooperation between the European Energy Exchange (EEX) and Powernext, announced that a total volume of 16.8 TWh was traded on the platform and cleared by the European Commodity Clearing (ECC) in August 2013. In the framework of this cooperation, EEX and Powernext combine their natural gas market activities to create a pan-European gas market.

Spot Markets
Overall, trading volumes on the Spot Markets amounted to 10.4 TWh in August 2013. The German spot markets (market areas GASPOOL and NCG) recorded a volume of 3.6 TWh and in the French spot markets (market areas PEG Nord, PEG Sud, PEG TIGF) the traded volume amounted to 5.2 TWh. The Dutch spot market recorded a volume of 1.5 TWh.

On 28 August 2013, the EEX Spot Market products (Day-ahead and Within-Day) for the market areas GASPOOL, NCG and TTF have been successfully migrated onto PEGAS and the corresponding spread products have been activated. For the first time, location spreads have been traded between the EEX and Powernext market areas, amounting to a volume of 2,880 MWh until the end of the month.

Derivatives Markets
In August 2013, trading volumes on the Derivatives Markets connected to PEGAS amounted to 6.4 TWh. The German Futures markets (market areas GASPOOL and NCG) recorded a volume of 2.4 TWh. In the French PEG Nord area, the traded volume amounted to 2.9 TWh while the TTF Futures market recorded a volume of 1.1 TWh in August.

Details on the natural gas volumes and prices are available in the enclosed monthly report.

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PEGAS – Monthly Figures Report for August 2013

 Volumes

 

Spot Market

Derivatives Market

 

Aug 2013
in MWh

Aug 2013
in MWh

GASPOOL

1,508,522

742,170

NCG

2,138,258

1,661,360

PEG Nord

3,512,930

2,941,960

PEG Sud

1,727,280

n/a

PEG TIGF

8,640

n/a

TTF

1,462,892*

1,075,720

Total 

10,358,522

6,421,210

 Indices

Spot Market

Index Name

Aug 2013 Index Value

(min. / max. in EUR/MWh) 

GASPOOL

EEX Daily Reference Price

25.250 / 26.190

NCG

EEX Daily Reference Price

25.140 / 26.210

PEG Nord

Powernext Gas Spot DAP

Powernext Gas Spot EOD

25.20 / 26.21

25.46 / 26.34

PEG Sud

Powernext Gas Spot DAP

Powernext Gas Spot EOD

25.71 / 28,00

25.74 / 27.87

TTF

EEX Daily Reference Price

24.590 / 25.929

 

 

 

Derivatives Market

Index Name

Aug 2013 Index Value
(in EUR/MWh)

Germany

EGIX (European Gas Index) – Monthly Average

25.925

GASPOOL

EGIX – Monthly Average

25.891

NCG

EGIX – Monthly Average

25.957

PEG Nord

Powernext Gas Futures Monthly Index

26.52

TTF

Powernext Gas Futures Monthly Index

26.16