Monday, December 12, 2022
43.8 TWh Were Traded on the Austrian EEX CEGH Market in November, the Second-Best Result in its History!
53.9 TWh were nominated at the CEGH VTP in November 2022
On the EEX CEGH Austrian Gas Market 43.8 TWh were traded, the second highest volume so far
4.7 TWh were traded on the EEX CEGH Czech Spot Market, which is the highest volume traded on this market
Despite the challenging market situation, the nominated gas volume at the CEGH VTP reached an amount of 53.88 TWh in November 2022.
The Churn Rate was 4.11 (The churn rate is a measure of liquidity and indicates how often one MWh of natural gas is traded before it is finally transferred also physically).
By end of November, CEGH had 283 members.
EEX CEGH Austrian Gas Market:
43.79 TWh of natural gas were traded in November 2022 on the EEX CEGH Austrian Gas Market, which is the second-highest volume traded in its history!
The EEX CEGH Spot Market recorded a volume of 20.28 TWh, which is also the second-highest Spot volume traded on this market!
On the Futures Market, 23.5 TWh of natural gas were traded in November 2022, again the second-best result and an increase of 93% compared to November 2021.
By the end of November, 134 members were registered on the Austrian EEX CEGH Gas Market.
EEX CEGH Czech Gas Market:
On the EEX CEGH Czech Gas Market, traded volumes in November 2022 amounted to 5.37 TWh, which is the second-highest amount on this market so far!
On the Spot Market 4.65 TWh were traded, the highest volume on this Market and an increase of 78% compared to November last year.
The Futures volumes recorded a volume of 0.72 TWh.
By the end of November 2022, 49 companies were registered on the EEX CEGH Czech Gas Market.
CEGH GreenGas Platform:
Did you know that CEGH has already launched, as one of the first players on gas market, its CEGH GreenGas Platform?
It will be the first platform to support the decarbonization of the gas markets by trading of Green Gases and will be a marketplace for biogas supply and demand as well as for green hydrogen, once green hydrogen becomes available on the market.
If you are interested in what we created to support the change in the energy system and how you can use it, have a look at our website www.cegh.at/en/greengas or directly at the CEGH GreenGas Platform.