PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 163.6 TWh in February 2017, driven by strong volumes especially on the futures segment with 92.6 TWh, and a solid debut for the time spread instruments.
Spot trading volumes in February reached 71.1 TWh , which represents an increase of 11 per cent compared to the previous year (63.9 TWh).
The Dutch market area TTF registered another strong volume with 19.3 TWh, a growth of 10 per cent compared to last year (17.6 TWh). The German delivery zones recorded a total volume of 28.5 TWh (February 2016: 34.4 TWh). Trading of quality-specific spot contracts for Germany totalled 10.4 TWh.
The French PEGs registered 13.6 TWh which represents an increase of 23 per cent compared to last year (11.0 TWh). The Belgian ZTP and ZEE reached 1.8 TWh, which is twice last year’s monthly volume (885.5 GWh).
The Austrian CEGH VTP reached a volume high of 5.2 TWh (previous record: 5.1 TWh in January 2017), while the Danish market ETF registered a volume of 1.1 TWh in February.
The geographical spread transactions amounted to 4.0 TWh and the locational and hourly products for Germany and France registered 1.5 TWh.
In February, the volume on the PEGAS derivatives market reached its best level since September 2016 with 92.6 TWh. The time spread products launched in January confirmed its excellent start with a total volume of 6.1 TWh in February. The volume of geographical spread transactions amounted to 1.5 TWh.
The TTF futures market registered 80.8 TWh, while trading in the NCG and GASPOOL delivery areas amounted to 8.2 TWh in February. The French PEG Nord and TRS market areas totalled 1.6 TWh, and the Italian PSV delivery zones amounted to 858 GWh. Finally, 976 GWh were traded on the Austrian CEGH VTP market and the Danish ETF front month product registered a volume of 37 GWh in February.
