PRISMA Trading Results in November 2014
Primary Capacity Auctions
The volumes for the primary capacity auctions taking place at PRISMA can be broken down as follows: please see attachment
In addition to the Day-Ahead and Month-Ahead auctions, there have been extraordinary auctions for unbundled yearly and rest-of-the-year capacity in November by Plinovodi.
Since its launch in April 2013, the allocated primary capacity at PRISMA reached a total of 223,864 MWh/h/y for yearly capacity, 49,931 MWh/h/q for quarterly capacity, 286,121 MWh/h/m for month-ahead capacity and 8,673,686 MWh/h/d for day-ahead capacity in November. Overall, 96,844 primary capacity auctions have taken place on the platform since its launch.
In November 2014 the total secondary volume amounted to 29,209 MWh/h. The capacity volumes of the secondary market can be broken down as follows: please see attachment
The secondary capacity contracts traded via PRISMA in October were concluded as First-Come-First-Served (FCFS), 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 190,531 MWh/h/d in November.
Currently, 408 companies with more than 1,330 users are registered with PRISMA and can therefore participate in capacity trading on the platform.
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, Slovenia and Spain connected to the platform and market transport capacity via PRISMA. 22 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.