Tuesday, March 8, 2022
EEX CEGH Austrian Market almost doubled in February compared to 2021.
58.27 TWh were nominated at the CEGH VTP in February 2022.
24.83 TWh were traded on the EEX CEGH Austrian Gas Market, an increase of 90% compared to February 2021.
3.81 TWh were traded on the EEX CEGH Czech Gas Market, an increase of 143%.
Current Situation in Ukraine:
The war in Ukraine is a tragic and threatening situation which means great suffering for many people and affects us greatly. Our deepest sympathy goes to all people who are directly and indirectly victims of the Russian military attack. We call for the end of all hostilities. Given the situation, we sincerely hope that this senseless war will come to a permanent end as soon as possible, as it is only in peace that there can be freedom and wellbeing.
Our hearts and thoughts are with everyone affected.
The nominated gas volumes at the CEGH VTP reached an amount of 58.27 TWh in February 2022, which is 14.7% less than in the same period in 2021.
The Churn Rate was 4.28 (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 February, CEGH had 266 members.
EEX CEGH Austrian Gas Market:
24.83 TWh of natural gas were traded in February 2022 on the EEX CEGH Austrian Gas Market, an increase of 90% to February 2021.
The EEX CEGH Spot Market recorded a volume of 13.45 TWh, and on the Futures Market 11.38 TWh of natural gas were traded, an increase of 156% compared to February 2021!
By end of February, 135 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 February 2022 amounted to 3.81 TWh, an increase of 143% compared to February last year and the third-best result in the history of this market.
On the Spot Market 2.21 TWh were traded, an increase of 56% compared to last year.
The Futures volumes recorded a volume 1.6 TWh, which is an increase of 977%!
By the end of February 2022, 45 companies were registered on the EEX CEGH Czech Gas Market.