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PEGAS spot continues record-breaking run in January

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PEGAS registered a total volume of 165.7 TWh in January 2017, thanks to a record-breaking month on its spot segment with 86.4 TWh.

The previous record was 75.1 TWh in December 2016.
Spot trading volumes in January reached 86.4 TWh, which represents an increase of 65 per cent compared to the previous year (52.5 TWh).
This record volume was supported by high marks on most PEGAS Spot Hubs.
The Dutch market area TTF registered a record volume with 19.5 TWh (previous record: 19.3 TWh in December 2016).
The German delivery zones recorded a total volume of 40.5 TWh, with a new monthly record on GASPOOL with 12.7 TWh (previous record: 11.8 TWh in January 2017). Trading of quality-specific spot contracts for Germany totalled 13.8 TWh.
The French PEGs registered 14.7 TWh which represents an increase of 29 per cent compared to last year (11.4 TWh).
The Belgian ZTP and ZEE reached 3.4 TWh, up almost 4 times from last year (888.0 GWh).
The Austrian CEGH VTP reached a volume high of 5.1 TWh (previous record: 2.8 TWh in October 2016), while the Danish market ETF registered a volume of 1.3 TWh in January.
The geographical spread transactions amounted to 3.2 TWh and the locational and hourly products for Germany and France registered 1.8 TWh.
In January, the volume on the PEGAS derivatives market reached 79.3 TWh. The TTF futures market registered 65.6 TWh, while trading in the NCG and GASPOOL delivery areas reached 9.8 TWh in January. The French PEG Nord and TRS market areas totalled a volume of 2.4 TWh, and the Italian PSV delivery zones amounted to 733.1 GWh. 668.0 GWh were traded on the Austrian CEGH VTP market and the Danish ETF front month product registered a volume of 87.4 GWh in January.

The time spread products launched on 24 January totalled 5.1 TWh, while the volume of geographical spread transactions amounted to 2.0 TWh.
PEGAS is the central gas trading platform of EEX Group operated by Powernext. PEGAS provides its members with access to all products on one single platform and allows them to trade natural gas contracts in the Austrian, Belgian, Danish, Dutch, French, German, Italian and UK market areas. The product range of PEGAS covers spot and derivatives contracts for the major European gas hubs as well as trading in location and time spread products. This setup enables market harmonisation and forms the preferred pan-European natural gas market. 

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