Wednesday, November 16, 2022
A record volume of 21.2 TWh were traded on the Austrian EEX CEGH Spot Market in October!
54.4 TWh were nominated at the CEGH VTP in October 2022
On the EEX CEGH Austrian Gas Market 38.5 TWh were traded, the second highest volume in its history!
4.4 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 54.4 TWh in October 2022.
The Churn Rate was 3.46 (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 October, CEGH had 283 members.
EEX CEGH Austrian Gas Market:
38.5 TWh of natural gas were traded in October 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 21.2 TWh, which is the highest Spot volume ever traded on this market and an increase of 76% compared to October 2021!
On the Futures Market, 17.24 TWh of natural gas were traded in October 2022.
By the end of October, 131 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 October 2022 amounted to 5.12 TWh, which is the third highest amount on this market so far!
On the Spot Market 4.43 TWh were traded, the highest volume and an increase of 120% compared to October last year.
The Futures volumes recorded a volume of 0.69 TWh.
By the end of October 2022, 47 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.