Best year ever for TGE on the natural gas market
Transkrypt
Best year ever for TGE on the natural gas market
Warsaw, 4 January 2017 Best year ever for TGE on the natural gas market The summary of the year 2016 on the TGE's Electricity, Gas and Property Rights Markets Press Release In 2016, the volume of natural gas trade totalled 114,468,886 MWh, which is the best annual result ever in the history of TGE. The spot market volume of 24,595,118 MWh played a key role. The annual volume for the electricity spot market reached the highest ever level at 27,627,454 MWh, exceeding the 2015 volume by 9.9 per cent. The Property Rights Market also saw record-breaking volume levels with the annual volume for the energy efficiency property rights (PMEF instrument) reaching 314,751 toe, nearly four times more than one year before. Natural gas The volume of transactions concluded on natural gas markets in 2016 totalled 114,468,886 MWh, which means a YoY increase by 7.1%. On the Day Ahead and Intraday Market for gas (DAM&IDMg) the volume was 24,595,118 MWh going up 76.6% against the 2015 level. On the DAMg, the volume was 19,633,932 MWh (growth by 87.4%), and on the IDMg 4,961,186 MWh (growth by 43.9%). Meanwhile, the CFIM volume decreased by 3.3% to 89,873,768 MWh. In December the natural gas volume totalled 12,754,263 MWh, of which 9,258,581 MWh was accounted for by the CFIM. In 2016, the weighted average price on the DAM&IDMg was 71.16 PLN/MWh, i.e. was lower by 16.30 PLN/MWh than in 2015. The December price went up MoM by 0.76 PLN/MWh reaching 84.82 PLN/MWh. The CFIM saw more significant price decrease with the weighted average price of the contract with delivery in 2017 (GAS_BASE_Y-17) going down to 74.50 PLN/MWh in 2016, i.e. by 20.85 PLN/MWh below the corresponding price form the quotations of the GAS_BASE_Y-16 contract in the year 2015. In December, the corresponding price of GAS_BASE_Y-17 was 81.12 PLN/MWh, i.e. was higher by 0.36 PLN/MWh than in November. Electricity In 2016, the volume of electricity trade at TGE totalled 126,652,509 MWh, which means a decrease by 32.2 per cent comparing to the 2015 level. On the spot market, the volume went up by 9.9% reaching 27,627,454 MWh. On the Day Ahead Market (DAM), the volume was 27,556,095 MWh, also going up by 9.9%, and on the Intraday Market it reached 71,359 MWh, up by 12.9%. A decrease by 38.7% was observed on the Commodity Forward Instruments Market with Physical Delivery (CFIM) where the volume totalled 99,025,055 MWh. Towarowa Giełda Energii S.A. zarejestrowana przez Sąd Rejonowy dla m. st. Warszawy w Warszawie, pod numerem KRS 0000030144, NIP 527-22-66-714. Kapitał zakładowy w wysokości 14.500.000 złotych – w całości opłacony ul. Poleczki 23 bud. H, 02-822 Warszawa T: (+48) 22 341 99 12, F: (+48) 22 341 99 10 E: [email protected] In December the electricity volume totalled 8,812,663 MWh, of which 6,186,153 MWh was accounted for by the CFIM. In 2016, the weighted average price of the BASE contract on the Day Ahead Market was 161.74 PLN/MWh going up by 6.08 PLN/MWh above the 2015 level. In December, the price of this contract was 154.89 PLN/MWh, which means a MoM decrease by 6.07 PLN/MWh. On the CFIM, the price of the contract with base load delivery in 2017 (BASE_Y-17) averaged 159.26 PLN/MWh in 2016, which means a drop by 5.11 PLN/MWh comparing to the price from the quotations of the BASE_Y-16 contract in the year 2015. In December, the price of BASE_Y-17 dropped down against the November level by 0.15 PLN/MWh, to 160.44 PLN/MWh. Property Rights The volume of electricity property rights traded in the last year totalled 50,657,433 MWh. This means a decrease by 14.0 per cent comparing to the 2015 result. In December, the volume was 4,022,992 MWh. The 2016 volume for green certificates alone (PMOZE and PMOZE_A instruments on the Property Rights Market and instruments traded on the CFIM) stood at 24,325,780 MWh lagging behind the 2015 level by 8.7%. The volume of green certificates contracted during the PRM sessions totalled 7,383,876 MWh (YoY increase by 13.1%), and for new type of instruments traded on the PRM it amounted to 483,000 MWh. In 2016, the weighted average price for the PMOZE_A instrument traded during the PRM sessions was 73.63 PLN/MWh, i.e. was lower by 49.97 PLN/MWh comparing to the 2015 level. In December, the price dropped down against the November level by 3.94 PLN/MWh, to 38.77 PLN/MWh. The weighted average session price for the PMOZE-BIO instrument quoted since September stood at 295.52 PLN/MWh in 2016. In December, the monthly price went up by 1.58 PLN/MWh reaching 300.16 PLN/MWh. In December, the volume of trade for blue certificates which correspond to this instrument reached 46,786 MWh, going up by as much as 75.9% month-on-month (from 26,591 MWh in November 2016). For the property rights related to energy efficiency (PMEF instrument), the volume traded in 2016 was 314,751 toe. This means the best result ever in the history of quotations at TGE and nearly four-times YoY growth (by 282.3%), The volume traded during market sessions was 290,372 toe with the annual weighted average session price going up YoY by 13.91 PLN/toe, to 977.35 PLN/toe. In December, the price went up against the November level by 19.21 PLN/MWh, to 988.43 PLN/MWh. Guarantees of Origin Register In December 2016, the volume of transactions concluded in the Guarantees of Origin Register totalled 208,340 MWh, with a weighted average price of 0.62 PLN/MWh. This has been the highest monthly volume for guarantees of origin traded at TGE achieved since November 2015. For the entire year 2016, the volume of transactions totalled 602,500 MWh with the weighted average price of 0.40 PLN/MWh. TGE Members Currently 71 companies are the members of the Commodity Market (CM). The Certificate of Origin Register maintained by TGE has 2970 members. In 2016, their number grew by as much as 431. Towarowa Giełda Energii S.A. zarejestrowana przez Sąd Rejonowy dla m. st. Warszawy w Warszawie, pod numerem KRS 0000030144, NIP 527-22-66-714. Kapitał zakładowy w wysokości 14.500.000 złotych – w całości opłacony ul. Poleczki 23 bud. H, 02-822 Warszawa T: (+48) 22 341 99 12, F: (+48) 22 341 99 10 E: [email protected] Attachment to the press release Electricity Total Monthly volume (MWh) Volume (MWh) in the previous month Monthly volume (MWh) in the previous year 8,812,663 9,847,961 16,940,787 IDM 6,141 7,001 5,497 DAM 2,620,369 2,443,153 2,451,053 CDM 6,186,153 7,397,807 14,484,237 Volume (MWh) in the previous month Monthly volume (MWh) in the previous year Natural gas Monthly volume (MWh) Total 12,754,263 15,805,990 8,236,810 IDMg DAMg CDM 585,394 2,910,288 9,258,581 604,914 2,940,672 12,260,404 423,591 1,533,048 6,280,171 Volume (MWh) in the previous month Monthly volume (MWh) in the previous year 4,022,992 3,368,887 5,371,902 1,765,319 1,558,111 3,374,975 630,366 672,148 667,158 1,100,953 34,000 842,964 43,000 2,707,818 - 46,786 26,591 - 31,275 15,307 - Property Rights concerning electricity Total Green certificates PRM session trading PRM OTC trading CDM Blue certificates PRM session trading PRM OTC trading Yellow certificates PRM session trading PRM OTC trading Red certificates PRM session trading PRM OTC trading Purple certificates PRM session trading PRM OTC trading Property Rights concerning Energy efficiency Total (white certificates) PRM session trading PRM OTC trading Monthly volume (MWh) 15,511 11,284 - 445,183 440,235 373,386 92,544 86,183 107,576 352,639 354,052 265,810 1,722,037 1,339,400 1,589,734 507,667 187,400 306,838 1,214,369 1,152,000 1,282,896 43,668 4,549 33,807 5,832 4,549 33,340 37,836 0 467 Monthly volume (toe) Volume (toe) in the previous month Monthly volume (toe) in the previous year 64,554 55,259 50,578 52,827 45,259 41,963 11,727 10,000 8,614 Towarowa Giełda Energii S.A. zarejestrowana przez Sąd Rejonowy dla m. st. Warszawy w Warszawie, pod numerem KRS 0000030144, NIP 527-22-66-714. Kapitał zakładowy w wysokości 14.500.000 złotych – w całości opłacony ul. Poleczki 23 bud. H, 02-822 Warszawa T: (+48) 22 341 99 12, F: (+48) 22 341 99 10 E: [email protected] *** Facts about TGE: 16 years onf the market, the only licensed commodity exchange in Poland (licence since 2003) Strong and stable shareholder – Warsaw Stock Exchange (since February 2012) Member of the European Multi-Regional Coupling (MRC) market and the Price Coupling of Regions (PCR) initiative Nominated Electricity Market Operator (NEMO) designated by the President of ERO TGE guarantees the reliability and security of trading on all markets it operates: o Commodities Market – electricity, natural gas, property rights, CO2 emission allowances o Financial Instruments Market – electricity o Certificates of Origin Register for electricity generated in renewable energy sources o Guarantees of Origin Register Active member of international organisations: o EUROPEX - European Association of Energy Exchanges o APEx - Association of Power Exchanges, the organisation gathering energy exchanges from around the globe o AFM - Association of Futures Markets Featured on the ACER's list of platforms for reporting transaction information according to REMIT requirements Relationship with an experienced NASDAQ technology partner – X-stream Trading Technology www.tge.pl Media contact: Towarowa Giełda Energii S.A.; Agata Samcik; [email protected], +48 885 885 645, +48 607 030 573, +48 661 878 769. Towarowa Giełda Energii S.A. zarejestrowana przez Sąd Rejonowy dla m. st. Warszawy w Warszawie, pod numerem KRS 0000030144, NIP 527-22-66-714. Kapitał zakładowy w wysokości 14.500.000 złotych – w całości opłacony ul. Poleczki 23 bud. H, 02-822 Warszawa T: (+48) 22 341 99 12, F: (+48) 22 341 99 10 E: [email protected]