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PEGAS reports monthly spot volume records on TTF, CEGH VTP and ETF in January

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PEGAS, the pan-European gas trading platform operated by Powernext, kicked off the new year with one of its best spot monthly volumes by reaching 124.9 TWh in January.

This strong showing was supported by monthly volume records on TTF with 46.5 TWh (previous record: 42.1 TWh in November 2018), on CEGH VTP with 9.7 TWh (previous record: 9.5 TWh in March 2018) and on ETF with 3.4 TWh (previous record: 2.7 TWh in February 2018). The total volume traded in January amounted to 178.0 TWh , including 53.0 TWh on the futures and 161.3 GWh on the options segments, which represents an increase of 9 per cent over last year (January 2018: 162.9 TWh).
Overall spot trading volumes in January reached 124.9 TWh , up 38 per cent from last year (January 2018: 90.7 TWh). With its record month (46.5 TWh), the Dutch TTF market saw an increase of 67 per cent compared to the previous year (January 2018: 27.9 TWh). The German delivery zones NCG and Gaspool registered a volume of 45.4 TWh, over 29 per cent more than January 2018 (35.1 TWh). Trading of quality-specific contracts reached 14.9 TWh. In France, the PEG traded 10.7 TWh (January 2018: 13.1 TWh). With its record month (9.7 TWh), the Austrian CEGH VTP volume improved by 46 per cent over January 2018 (6.6 TWh). The Belgian markets ZTP and ZEE volumes amounted to 6.9 TWh, which represented a growth of 89 per cent over last year (3.6 TWh). The Danish market ETF registered a record-breaking 3.4 TWh, up 60 per cent (January 2018: 2.1 TWh). Finally, the Czech market area CZ VTP traded 445.3 GWh, a two-fold increase over January 2018 (139.2 GWh). 

Geographical spread transactions reached 6.0 TWh, while the German and French locational and hourly products totalled 1.8 TWh. In January, derivatives trading amounted to 52.9 TWh (January 2018: 72.2 TWh). The TTF market reached 42.2 TWh (January 2018: 61.3 TWh). The NCG and GASPOOL delivery areas traded 3.7 TWh which represented an increase of 17 per cent (January 2018: 3.2 TWh). CEGH VTP registered 2.8 TWh, up 69 per cent (January 2018: 1.6 TWh). The PEG market area reached 2.5 TWh, a growth of 52 per cent (January 2018: 1.6 TWh). The Italian PSV hub reached 1.1 TWh (January 2018: 4.2 TWh). With 328.5 GWh, the CZ VTP hub saw an increase of 28 per cent over the previous year (January 2018: 257.5 GWh).

The volume of geographical spread transactions accounted for 2.9 TWh and time spread transactions amounted to 3.7 TWh. Finally, 6.2 TWh were traded on PEGAS’ OTC platforms.

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