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PEGAS spot segment up 60 per cent year-on-year and reported a new record on CZ VTP

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PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of   207.1 TWh in April 2019 (April 2018: 146.4 TWh). 

The spot segment reported a total volume of 125.5 TWh which represented a 60 per cent increase over the previous year (April 2018: 77.7 TWh) due to the good performance on most PEGAS spot market areas and a new record on CZ VTP which registered 787 GWh (previous record in March 2018: 582 GWh). In addition, 22.3 GWh were traded on PEGAS’ options segment.
In April, the spot segment amounted to 125.5 TWh. Dutch TTF market registered 51.2 TWh, an increase of 71 per cent compared to the previous year (April 2018: 29.9 TWh). The German delivery zones NCG and Gaspool registered a volume of 45 TWh (April 2018: 23.4 TWh). Trading of quality-specific contracts reached 7.1 TWh. In France, the PEG reached 11.1 TWh (April 2018: 11.4 TWh). The Austrian CEGH VTP traded 6.7 TWh (April 2018: 6.0 TWh). The Belgian markets ZTP and ZEE volumes amounted to 7.9 TWh, which represented a growth of 97 per cent over last year (4 TWh).The Danish market ETF registered 1.7 TWh ( April 2018: 1.7 TWh).

Geographical spread transactions reached 8.5 TWh, while the German and French locational and hourly products totalled 549.5 GWh.
In April, derivatives trading amounted to 81.6 TWh, 18.7 per cent more compared to previous year (April 2018: 68.7 TWh). The TTF market reached 70.1 TWh, which represents a 17.8 per cent increase compared to last year (April 2018: 54.9 TWh). The NCG and GASPOOL delivery areas traded 2.6 TWh (April 2018: 6 TWh). CEGH VTP registered 5.8 TWh, up 20 per cent (April 2018: 4.8 TWh). The PEG market area reached 1.7 TWh, a growth of 4.2 per cent (April 2018: 1.6 TWh). The Italian PSV hub traded 1.2 TWh (April 2018: 1.1 TWh). The CZ VTP traded 47.6 GWh (April 2018: 200.3 GWh).

The volume of geographical spread transactions accounted for 1.4 TWh and time spread transactions amounted to 4.2 TWh.

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