Friday, April 8, 2022
More than 3 times the Volumes of March 2021 were traded at the EEX CEGH Exchange Austria!
67.76 TWh were nominated at the CEGH VTP in March 2022
57.27 TWh were traded on the EEX CEGH Austrian Gas Market, an increase of 346% compared to March 2021
3.98 TWh were traded on the EEX CEGH Czech Gas Market, an increase of 257%
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 67.76 TWh in March 2022, which is a slight less than in the same period in 2021.
The Churn Rate was 4.05 (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 March, CEGH had 268 members.
EEX CEGH Austrian Gas Market:
An amazing amount of 57.27 TWh of natural gas were traded in March 2022 on the EEX CEGH Austrian Gas Market, an increase of 346% to March 2021.
The EEX CEGH Spot Market recorded a volume of 18.64 TWh, and on the Futures Market, the highest amount ever, 38.64 TWh of natural gas were traded! That’s a new all-time record and an increase of 644% compared to March 2021!
By end of March, 138 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 March 2022 amounted to 3.98 TWh, an increase of 257% compared to March last year and again the second-best result in the history of this market.
On the Spot Market 2.55 TWh were traded, an increase of 160% compared to last year.
The Futures volumes recorded a volume 1.42 TWh, which is an increase of 983%!
By the end of March 2022, 46 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 on our website www.cegh.at/en/greengas or directly on the CEGH GreenGas Platform.