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]