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PEGAS reaches volume record on TTF Spot

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PEGAS, the pan-European gas trading platform operated by Powernext, achieved one of its strongest results in October 2017 with a total volume of 187.3 TWh, up 43 per cent compared to the previous year (October 2016: 131.2 TWh).

A monthly volume record was registered on PEGAS TTF Spot with 23.3 TWh (previous record: 19.5 TWh in January 2017).
 
Spot trading volume in October reached 75.7 TWh, an increase of 45 per cent on the previous year (52.1 TWh). It represents the second best total figure registered on PEGAS Spot market. As mentioned, the Dutch market area TTF saw a record volume of 23.3 TWh traded (up 67 per cent from October 2016). The German delivery zones NCG and GASPOOL registered a volume of 25.8 TWh, up 14 per cent from October 2016 (24.0 TWh), while trading of quality-specific spot contracts reached 6.9 TWh. The French PEGs volume achieved 13.4 TWh, up 12 per cent (October 2016: 12.0 TWh). The Austrian CEGH VTP totalled 6.4 TWh, while the Belgian markets ZTP and ZEE traded 4.1 TWh, which represents an increase of 91 per cent compared to last year (2.1 TWh in October 2016). The Danish market ETF achieved one of its best months with 1.6 TWh in October.


 
Geographical spread transactions rose to 5.0 TWh, while the German and French locational and hourly products totalled 984 GWh. 


 
In October, PEGAS derivatives reached 111.7 TWh, an increase of 41 per cent (October 2016: 79.1 TWh). The TTF futures market stood at 96.1 TWh (+ 56 per cent compared to October 2016: 61.7 TWh). The NCG and GASPOOL delivery areas totalled 7.6 TWh (October 2016: 11.8 TWh). The PEG Nord and TRS market areas achieved 1.3 TWh. The Italian PSV delivery zone reached 4.3 TWh, up 42 per cent (October 2016: 3.0 TWh). The CEGH VTP market area remained stable at 2.0 TWh.


 
Time spread transactions amounted to 9.5 TWh and the volume of geographical spread transactions accounted for 5.0 TWh.

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