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PEGAS reports new volume record on PSV Futures

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PEGAS, the pan-European gas trading platform operated by Powernext, saw one of its best ever months in September with a total volume of 184 TWh, up 21 per cent compared to the previous year (September 2016: 152,4 TWh).

This strong development was supported by a volume of 60.9 TWh on PEGAS Spot added to a total of 123.2 TWh on PEGAS Futures, including a record for the Italian PSV market area with 6.0 TWh.

Spot trading volumes in September reached 60.9 TWh , an increase of 12 per cent on the previous year (54.2 TWh). The Dutch market area TTF saw a volume of 17.5 TWh traded (up 1 per cent from September 2016). The German delivery zones NCG and GASPOOL registered a volume of 20.5 TWh (September 2016: 23.6 TWh), while trading of quality-specific spot contracts reached 4.7 TWh. The French PEGs volume stood at 10.8 TWh (September 2016: 11.1 TWh). The Austrian CEGH VTP totalled 6.5 TWh, slightly short from its all-time high. The Belgian markets ZTP and ZEE traded 3.3 TWh, which represents more than the double of last year (1.6 TWh in September 2016). The volume on the Danish market ETF reached 1.4 TWh in September.

Geographical spread transactions rose to 3.8 TWh, while the German and French locational and hourly products totalled 784 GWh. 


 
In September, PEGAS derivatives climbed up to 123.2 TWh, an increase of 26 per cent (September 2016: 98.1 TWh). The TTF futures market achieved an excellent result with 104.7 TWh (+ 26 per cent compared to September 2016: 83.1 TWh). The NCG and GASPOOL delivery areas totalled 7.7 TWh (September 2016: 9.5 TWh). The PEG Nord and TRS market areas remained stable at 2.6 TWh year-on-year. The Italian PSV delivery zone doubled its previous monthly volume record with 6.0 TWh (previous high: 2.7 TWh in October 2016). The CEGH VTP market area reached 2.0 TWh.


 
Time spread transactions amounted to 18.2 TWh and the volume of geographical spread transactions accounted for 4.2 TWh.

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