As from today, the natural gas products listed on the Spot Market of the European Energy Exchange (EEX) are tradable on PEGAS, the joint platform of EEX and Powernext.
At 2 pm CET today, a volume of 196,259 MWh was traded on EEX natural gas Spot Market on PEGAS, including 162,811 MWh on the German market areas GASPOOL and NCG, and 33,448 MWh on the Dutch market area TTF. In total, 35 members participated in trading on these newly available products, including Delta Energy B.V., E.ON Global Commodities SE, ENERGIEUNION GmbH and Mark-E Aktiengesellschaft.
As a result, the whole EEX and Powernext natural gas offering is now tradable on PEGAS. It includes Spot and Derivatives products on the market areas GASPOOL, NCG, PEG Nord, and TTF as well as Spot products on the market areas PEG Sud and
PEG TIGF. Furthermore, location spreads are also available between these market areas.
Since the start of the cooperation on 29 May 2013, all Powernext products have been available for trading on PEGAS. The EEX natural gas Derivatives products were migrated on 4 June (GASPOOL) and 27 June (NCG), respectively. Since 29 May, a
total volume of 47,508,671 MWh has been traded on the Spot and Derivatives Markets of EEX and Powernext. This corresponds to an increase of 47 % compared to the same period of the previous year (32,328,102 MWh).
On 1 October 2013, the product offering on PEGAS will be extended with quality specific natural gas products for the German market areas GASPOOL and NCG, subject to the approval of the EEX Exchange Council.