Friday, September 9, 2022
Austrian and Czech EEX CEGH Markets increased by 101% and 91% in August!
49.7 TWh were nominated on the CEGH VTP in August 2022
On the EEX CEGH Austrian Gas Market 28 TWh were traded which is an increase of 101% compared to August 2021!
3.9 TWh were traded on the EEX CEGH Czech Gas Market, an increase of 91% compared to the same month in 2021
Despite the challenging market situation, the nominated gas volume at the CEGH VTP reached an amount of 49.7 TWh in August 2022.
The Churn Rate was 4.67 (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 August, CEGH had 277 members.
EEX CEGH Austrian Gas Market:
28 TWh of natural gas were traded in August 2022 on the EEX CEGH Austrian Gas Market, which is an increase of 101% compared to August 2021.
The EEX CEGH Spot Market recorded a volume of 15.1 TWh, and on the Futures Market 12.9 TWh of natural gas were traded. That’s an increase of 181% compared to August 2021!
By the end of August, 139 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 August 2022 amounted to 3.9 TWh, an increase of 91% compared to August last year.
On the Spot Market 1.9 TWh were traded, an increase of 103% compared to last year.
The Futures volumes recorded a volume of 2 TWh, that’s an increase of 80%!
By the end of August 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.