trac-x Trading Results for January and February

Leipzig, 3 March 2009 – The German trac-x Transport Capacity Exchange GmbH has reported positive trading results for the first two months of 2009. In February alone, day-ahead trading reached a record high with an increase in traded day-ahead capacities of about 55 percent compared to the previous month.

January

In January, 302 (13,250 MWh/h) out of 653 (25,050 MWh/h) day-ahead auctions offered on the platform were successfully sold. At the cross-border point Bunde/Oude Statenzijl entry-capacities sized 10 as well as 100 MWh/h were favoured by bidders. At the cross-border point Eynatten/Raeren entry capacity packages sized 30 MWh/h were preferred. Moreover, the average price for auctioned day-ahead capacities at the network point Bunde/Oude Statenzijl amounted to € 7.43 per MWh/h in January and for day-ahead capacities at Eynatten/Raeren it amounted to an average of € 6.00 per MWh/h.

In the long-term section of the platform a total of 1,238 MWh/h were offered on the platform in January.

February

In February, 470 (20,546 MWh/h) out of 1,450 (54,394 MWh/h) day-ahead capacities offered on the platform were successfully purchased. It is the highest trading volume in day-ahead capacities achieved in a single month. At the cross-border point Bunde/Oude Statenzijl entry-capacities sized 10 as well as 100 MWh/h were favoured by bidders. At the cross-border point Eynatten/Raeren entry capacity packages sized 30 and 50 MWh/h were preferred. The average price for purchased day-ahead capacities at the network point Bunde/Oude Statenzijl amounted to € 8.86 per MWh/h in February and for day-ahead capacities at Eynatten/Raeren it amounted to an average of € 6.01 per MWh/h.
Moreover, after the platform’s expansion of tradable network points in February, day-ahead capacities at the German interconnection point Steinitz were offered on the platform for the first time last month. Moreover, day-ahead capacities within the networks of WINGAS TRANSPORT GmbH were offered on www.trac-x.de for the first time in February as well.

In the long-term section of the platform a total of 1,238 MWh/h were traded on the platform in February. The result represents the second best monthly trading result since the start of long-term trading. Altogether, 10 out of 30 long-term capacities offered on the platform were successfully purchased in February.

Overall, the trading results reflect the continuing positive development of trading on www.trac-x.de. Since its trading start in March 2005, the overall trading volume has reached 78,640 MWh/h. This includes 66,459 MWh/h from day-ahead trading since its trading start in May 2008.

trac-x Transport Capacity Exchange GmbH
Föpplstraße 3, 04347 Leipzig, Germany
Katja Beckert
Phone: +49 341 443-907121
Email: katja.beckert@trac-x.de
Web: www.trac-x.de

trac-x Transport Capacity Exchange GmbH was established in order to create a transparent and non-discriminatory trading platform for secondary trading of transmission capacities. It has operated a trading platform for gas transmission capacities in Europe since March 2005. Currently, around 360 traders from 17 countries are registered on www.trac-x.de. They can trade secondary capacity rights across Europe within the networks of the following transmission system operators: Dong Energy Pipelines GmbH, E.ON Gastransport GmbH, EWE NETZ GmbH, RWE Transportnetz Gas GmbH, Gasunie Deutschland Transport Services GmbH, Ontras GmbH.

In addition to long-term trading, it is possible to trade firm day-ahead capacity rights at the cross-border point Bunde/Oude Statenzijl (between Germany and the Netherlands) since May 2008. Moreover, due to close collaboration with European network operators, it is possible to trade day-ahead capacities at further cross-border points as well as German interconnection points. Thus, day-ahead capacities can also be traded at the cross-border points Eynatten/Raeren, Ellund, Emden EPT, Emden NPT, Bochholtz, Medelsheim, Oberkappel, Vreden and Wallbach as well as at the German interconnection points Reckrod, Bunder Tief, Lampertheim. Drohne, Emsbüren, Steinbrinck und Steinitz.

This release was published on openPR.