development of ceegex and the hungarian gas market©ginformáció/ceegex ws... · 2018-10-01 ·...
TRANSCRIPT
WHY ARE PEOPLE TRADING ON CEEGEX?
Market update
Advantages of CEEGEX
Connects the buyers and the sellers
Organized market with standardized products
Reliable prices
Short term products for effective & easy balancing
Enabling efficient utilization of the existing infrastructure
WHAT HAPPENED IN 2018?
Several new international players
2017 spot traded volumes tripled by the end of September 2018
Development of the trading environment (pre-trade limit check)
296
903940
684 675
425 438
757
649
-
100
200
300
400
500
600
700
800
900
1 000
January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018*
CEEGEX monthly traded volumes (GWh)
MEMBERS
8 new members joined in 2018:MFGK Austria GmbH
ČEZ, a.s.
MBA International Trading Kft.
Vitol Gas and Power B.V.
Alpiq Energy SE
Budapesti Erőmű Zrt.
MOL Commodity Trading Kft.
OMV Marketing & Trading GmbH
4
8 8 8 8 8
11
14 15
22
25
29
0
5
10
15
20
25
30
35
2013H1
2013H2
2014H1
2014H2
2015H1
2015H2
2016H1
2016H2
2017H1
2017H2
2018H1
2018H2*
CEEGEX Spot Members
*As of 26 September 2018
CEEGEX Market Makers (2)
CEEGEX Members (29)
TRADED VOLUMES (2018)
*As of 21 September
79 75 81 5934
10 23
134
416381
590
132
296
903940
684 675
425 438
757
649
0
100
200
300
400
500
600
700
800
900
1 000
GW
h
CEEGEX monthly traded volumes (GWh) 2017 WD: 456 GWh, DA: 1,6 TWh
2018 WD: 771 GWh, DA: 4,9 TWh*
CEEGEX TRADED VOLUMES PER PRODUCT
-
100 000
200 000
300 000
400 000
500 000
600 000
700 000
800 000
900 000
1000 000
January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September2018*
Traded volumes per product (MWh)
Within-day Day ahead Weekend Saturday Sunday Holiday*As of 25 September
TRADED VOLUMES ON HUNGARIANTRADING PLATFORMS
Source: http://tradingplatform.fgsz.hu/hu-hu/adatok
18
127167
27 8 6 16 17
296
903940
684 675
425 438
757
-
100
200
300
400
500
600
700
800
900
1 000
January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018
FGSZ TP. vs CEEGEX monthly traded volumes (GWh)
FGSZ TP CEEGEX
ACTIVE HOURS ON CEEGEX
0
100
200
300
400
500
600
700
800
900
1000
8 9 10 11 12 13 14 15 16 17 18 8 9 10 11 12 13 14 15 16 17 18
2017 2018
Num
ber
of
deals
Hourly distribution of spot deals
AVERAGE VOLUMES OF TRADES CONCLUDEDON CEEGEX
0
200
400
600
800
1000
1200
1400
MW
h
Monthly average spot volumes/deal (MWh)February 1st 2016 - August 31st 2018
Number of deals Monthly average deal size (MWh)
Source: www.ceegex.hu and Thomson Reuters Eikon
CEGH – CEEGEX DA PRICES
-2
-1,5
-1
-0,5
0
0,5
1
1,5
2
15
17
19
21
23
25
27
29
31
33
35
Euro
CEEGEX DA CEGH DA CEEGEX-CEGH monthly average spread 0