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PEGAS trading volumes improve by 34 per cent year-on-year

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PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 167.7 TWh in June 2017, including 108.1 TWh traded on its futures segment. The overall volume increase of 34 per cent was supported by new high marks on the CEGH VTP and ZTP delivery areas.

Spot trading volumes in June reached 59.6 TWh , which represents an increase of 48 per cent compared to the previous year (40.2 TWh). The volume on the Dutch TTF market area amounted to 15.5 TWh, a growth of 26 per cent compared to June 2016 (12.3 TWh). The German delivery zones NCG and GASPOOL reached 18.3 TWh, an improvement of 15 per cent (June 2016: 16.0 TWh), while trading of quality-specific spot contracts totalled 3.0 TWh. The French PEGs volume rose by 31 per cent to 12.8 TWh (June 2016: 9.7 TWh). As the case last month, the Austrian CEGH VTP broke a monthly record by topping 6.6 TWh (previous record: 5.4 TWh in May 2017). The Belgian markets ZTP and ZEE rose to 4.5 TWh, including a new monthly volume record on the ZTP hub with 4.3 TWh (previous record: 3.9 TWh in May 2017). The Danish market ETF registered a volume of 1.4 TWh in June.

The geographical spread transactions accounted for 4.6 TWh, while the German and French locational and hourly products totalled 517 GWh. 



In June, PEGAS derivatives achieved an excellent result by crossing the 100 TWh plateau for the first time since April 2016. A total of 108.1 TWh was traded, driven by consistent improvements across the board. The Dutch TTF futures market reached 95.1 TWh which represents an increase of 32 per cent year-on-year (June 2016: 72.2 TWh). Trading in the NCG and GASPOOL delivery areas registered 7.3 TWh in June. The French PEG Nord and TRS market areas totalled 2.2 TWh, and the Italian PSV delivery zones amounted to 454 GWh. The Austrian CEGH VTP market area registered a new monthly record with 2.2 TWh (previous record: 1.94 TWh in May 2017). Finally, 22 GWh were traded on the Danish ETF front month contract in June.

The time spread products reached a new high with over 14.0 TWh and the volume of geographical spread transactions amounted to 2.6 TWh.


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