trac-x Trading Results January and February 2011
In the day-ahead section of trac-x, a total capacity of 2.85 GWh/h per day (January 2010: 93.76 GWh/h per day) was placed in January. Twelve of the placed day-ahead auctions were purchased successfully. At the crossborder point Eynatten (entry) the average price for traded day-ahead capacity amounted to € 3.98 per MWh/h per day.
In the long-term section of the platform a total of 14.05 GWh/h per day (January 2010: 479.79 GWh/h per day) was placed in January. January's long-term capacities were placed on the platform with a one-month contract duration.
February In February a total capacity of 10.04 GWh/h per day was placed on trac-x (February 2010: 162.81 GWh/h per day).
In the day-ahead section of trac-x, a total capacity of 1.92 GWh/h per day (February 2010: 83.7 GWh/h per day) was placed in February.
In the long-term section of the platform a total of 8.12 GWh/h per day (February 2010: 79.11 GWh/h per day) was placed in February. February's long-term capacities were placed on the platform with a one-month contract duration.
Since its launch in March 2005, the overall trading volume on trac-x reached a total of 78,504.92 GWh/h per day in February. This includes 357.23 GWh/h per day from day-ahead trading.
Currently, 80 companies from all over Europe are authorised to trade capacity rights on www.trac-x.de.
PRISMA European Capacity Platform GmbH
trac-x Transport Capacity Exchange GmbH was established to create a transparent and non-discriminatory market space for trading secondary natural gas transport capacity across Europe. trac-x was launched in March 2005 and offers registered shippers the possibility to trade long-term and short-term capacity rights on an internet trading platform.
In the course of implementing the requirements of the new German Gas Network Ordinance, trac-x has signed an agreement with the German TSOs to operate a platform for allocating primary transport capacity in Germany. The primary capacity platform is set to be launched by August 2011. In combination with the existing trading platform for secondary transport capacity, trac-x therefore contributes significantly to simplifying European gas trading.