TRAC-X secondary Fourth Quarter 2011 Trading Results
In October 2011 capacity trading on TRAC-X secondary totalled 2,101.95 GWh/h/d (October 2010: 0 GWh/h/d). Overall, three of the long-term entries placed on TRAC-X secondary were successful. October's long-term capacities were placed on the platform with contract periods ranging from one week up to five years. In the day-ahead section of TRAC-X secondary, a total capacity of 4.56 GWh/h/d (October 2010: 31.04 GWh/h/d) was offered in October.
In November 2011 a total of 195.96 GWh/h/d was traded on TRAC-X secondary (November 2010: 2.59 GWh/h/d). Overall, seven of the long-term entries placed on TRAC-X secondary were successful. November's long-term capacities were placed on the platform with contract periods ranging from 20 days up to ten months. In the day-ahead section of TRAC-X secondary, a total capacity of 0.5 GWh/h/d (November 2010: 8.96 GWh/h/d) was offered in November.
In December 2011 capacity trading on TRAC-X secondary totalled 76.56 GWh/h/d (December 2010: 8,577.59 GWh/h/d). None of the 36 long-term entries placed on TRAC-X secondary concluded in a trade. December's long-term capacities were placed on the platform with contract periods ranging from five days up to one year. In the day-ahead section of TRAC-X secondary, a total capacity of 0.9 GWh/h/d (December 2010: 23.7 GWh/h/d) was offered in December.
Since its launch in March 2005, the overall trading volume on TRAC-X secondary reached a total of 85,962.56 GWh/h/d in December. This includes 357.23 GWh/h/d from day-ahead trading.
In December 2011, 97 companies from all over Europe were authorised to trade capacity rights on TRAC-X secondary. In the fourth quarter of 2011, four new companies were admitted to trade on TRAC-X secondary.
About PRISMA European Capacity Platform GmbH
TRAC-X Transport Capacity Exchange GmbH (TRAC-X) was founded in 2005 in Leipzig and has, since that time, grown consistently to become one of the most important online market places for gas transport capacity.
In 2010, the German transport system operators appointed TRAC-X to create and operate a platform for the awarding of primary transport capacities in Germany. With the start of TRAC-X primary in August 2011, transport customers can, for the first time, use TRAC-X primary auctions to acquire capacities for market area and cross-border interconnection points. Capacities at other network points can be purchased through TRAC-X primary on a "first come, first served" basis. By offering a single market place for primary capacity, TRAC-X replaces the established online booking systems of the German TSOs. At the same time, TRAC-X still continues to operate the trading platform for secondary transport capacity - TRAC-X secondary. By doing so, TRAC-X contributes significantly to the simplification of gas trading.