PresseBox
Press release BoxID: 696910 (PRISMA European Capacity Platform GmbH)
  • PRISMA European Capacity Platform GmbH
  • Schillerstraße 4
  • 04109 Leipzig
  • http://www.prisma-capacity.eu
  • Contact person
  • Katja Beckert
  • +49 (341) 6992990-90

PRISMA Trading Results in July 2014

Primary Capacity Auctions

(PresseBox) (Leipzig, ) In July 2014, 5,474 primary capacity auctions were placed by participating TSOs on PRISMA - the joint capacity platform of major European TSOs. Overall, 707 successful auctions were registered on the platform in July.

Since its launch in April 2013, the allocated primary capacity at PRISMA reached a total of 222,135 MWh/h/y for yearly capacity, 49,931 MWh/h/q for quarterly capacity, 184,747 MWh/h/m for month-ahead capacity and 5,762,223 MWh/h/d for day-ahead capacity in July. Overall, 75,383 primary capacity auctions have taken place on the platform since its launch.

Secondary Trading

In July 2014 - the sixth month of secondary capacity trading on the PRISMA platform - the total secondary volume amounted to 11,165 MWh/h.

The secondary capacity contracts traded via PRISMA in July were concluded as Over-the-Counter (OTC) or CFO (Call for order) trades. Since its launch in January 2014, the overall secondary trading volume on PRISMA reached a total of 102,099 MWh/h/d in July.

Currently, 378 companies with 1,211 users are registered with PRISMA and can therefore participate in capacity trading on the platform.

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PRISMA European Capacity Platform GmbH

PRISMA was founded by major European TSOs from Austria, Belgium, Denmark, Germany, France, Italy and the Netherlands with the aim to create a joint European capacity platform.

The European PRISMA Platform, which was launched in April 2013, is the first platform to have implemented the Network Code on Capacity Allocation Mechanisms, the future European market rules for allocating natural gas transport capacity, which will come into force in November 2015.

There are currently 27 European TSOs from Austria, Belgium, Denmark, France, Germany, Italy, the Netherlands, Portugal and Spain connected to the platform and market transport capacity via PRISMA. 23 TSOs are shareholders of PRISMA.

With its harmonised capacity products and auction mechanisms and its ability to serve a high number of TSO backend systems in accordance with the CAM Network Code, PRISMA is a major step towards an integrated European gas market.