TRAC-X secondary Fourth Quarter 2011 Trading Results

(PresseBox) (Leipzig, ) On TRAC-X secondary - the European platform for secondary transport capacity - trading totalled 2,297.91 GWh/h/d in the fourth quarter of 2011 (fourth quarter 2010: 8,552.69 GWh/h/d). Ten of the 76 long-term entries placed on TRAC-X secondary during that period successfully concluded in a trade.

October

In October 2011 capacity trading on TRAC-X secondary totalled 2,101.95 GWh/h/d (October 2010: 0 GWh/h/d). Overall, three of the long-term entries placed on TRAC-X secondary were successful. October's long-term capacities were placed on the platform with contract periods ranging from one week up to five years. In the day-ahead section of TRAC-X secondary, a total capacity of 4.56 GWh/h/d (October 2010: 31.04 GWh/h/d) was offered in October.

November

In November 2011 a total of 195.96 GWh/h/d was traded on TRAC-X secondary (November 2010: 2.59 GWh/h/d). Overall, seven of the long-term entries placed on TRAC-X secondary were successful. November's long-term capacities were placed on the platform with contract periods ranging from 20 days up to ten months. In the day-ahead section of TRAC-X secondary, a total capacity of 0.5 GWh/h/d (November 2010: 8.96 GWh/h/d) was offered in November.

December

In December 2011 capacity trading on TRAC-X secondary totalled 76.56 GWh/h/d (December 2010: 8,577.59 GWh/h/d). None of the 36 long-term entries placed on TRAC-X secondary concluded in a trade. December's long-term capacities were placed on the platform with contract periods ranging from five days up to one year. In the day-ahead section of TRAC-X secondary, a total capacity of 0.9 GWh/h/d (December 2010: 23.7 GWh/h/d) was offered in December.

Since its launch in March 2005, the overall trading volume on TRAC-X secondary reached a total of 85,962.56 GWh/h/d in December. This includes 357.23 GWh/h/d from day-ahead trading.

In December 2011, 97 companies from all over Europe were authorised to trade capacity rights on TRAC-X secondary. In the fourth quarter of 2011, four new companies were admitted to trade on TRAC-X secondary.

PRISMA European Capacity Platform GmbH

TRAC-X Transport Capacity Exchange GmbH (TRAC-X) was founded in 2005 in Leipzig and has, since that time, grown consistently to become one of the most important online market places for gas transport capacity.

In 2010, the German transport system operators appointed TRAC-X to create and operate a platform for the awarding of primary transport capacities in Germany. With the start of TRAC-X primary in August 2011, transport customers can, for the first time, use TRAC-X primary auctions to acquire capacities for market area and cross-border interconnection points. Capacities at other network points can be purchased through TRAC-X primary on a "first come, first served" basis. By offering a single market place for primary capacity, TRAC-X replaces the established online booking systems of the German TSOs. At the same time, TRAC-X still continues to operate the trading platform for secondary transport capacity - TRAC-X secondary. By doing so, TRAC-X contributes significantly to the simplification of gas trading.

Press releases you might also be interested in

Subscribe for news

The subscribtion service of the PresseBox informs you about press information of a certain topic by your choice at a choosen time. Please enter your email address to receive the email with the press releases.

An error occurred!

Thank you! You will receive a confirmation email within a few minutes.


Ich möchte die kostenlose Pressemail abonnieren und habe die Bedingungen hierzu gelesen und akzeptiert.