TRAC-X secondary Trading Results August and September 2011
In the day-ahead section of TRAC-X secondary, a total capacity of 2.52 GWh/h/d (August 2010: 154.69 GWh/h/d) was placed in August. In the long-term section of the secondary platform a total of 146.98 GWh/h/d (August 2010: 1.44 GWh/h/d) was traded in August. Overall, twelve of the long-term entries placed on TRAC-X secondary were successful. August's long-term capacities were placed on the platform with contract periods ranging from two days up to 13 months.
September 2011 trading on TRAC-X secondary totalled 1,871.94 GWh/h/d in (September 2010: 448.45 GWh/h/d). In the day-ahead section of TRAC-X secondary, a total capacity of 0.9 GWh/h/d (September 2010: 81.4 GWh/h/d) was placed in September. In the long-term section of the secondary platform a total of 1,871.94 GWh/h/d (August 2010: 441.28 GWh/h/d) was traded in September. Overall, six of the long-term entries placed on TRAC-X secondary were successful. September's long-term capacities were placed on the platform with contract periods ranging from ten days up to five years.
Since its launch in March 2005, the overall trading volume on TRAC-X secondary reached a total of von 83,664.65 GWh/h/d in September. This includes 357.23 GWh/h/d from day-ahead trading.
In September 2011, 93 companies from all over Europe were authorised to trade capacity rightson TRAC-X secondary. In August and September, seven 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.