TGE ends the year 2015 with the highest

Transkrypt

TGE ends the year 2015 with the highest
Warsaw, 11 January 2016
TGE ends the year 2015 with the highest-ever volumes
on the electricity and gas sport markets
Summary of trading activity on the electricity, natural gas and
property rights markets on TGE for the entire year 2015 and for
December
Press Release
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The electricity spot market volume achieved in 2015 totalled 25,140,254
MWh and was 5.5 per cent higher than one year before, and the highest since
the inception of TGE
The total electricity trading volume reached 186,702,484 MWh and was 0.1
per cent lower than in 2014
The volume on the natural gas spot market was 13,925,081 MWh exceeding
the previous year's result by 111.8 per cent
In 2015, the aggregate volume for natural gas markets was 106,868,146
MWh i.e. 4.3 per cent lower than in the preceding year.
In 2015, as much as 414 new members joined the Certificates of Origin
Register maintained by Towarowa Giełda Energii, which is an over 60%
higher number than in 2014. Currently, there are 2539 members.
Summary of trading activity at TGE in 2015
Electricity
The volume of all transactions made on spot and forward markets in 2015 totalled
186,702,484 MWh, going down by 0.1per cent against the last year.
On the Day-Ahead Market, the volume reached 25,077,034 MWh growing 5.6 per cent YoY
and reaching the historical high for this TGE's market. The volume-weighted average price
of electricity on the DAM in 2015 was 155.66 PLN/MWh and was lower than in the previous
year by 29.09 PLN/MWh (184.75 PLN/MWh in 2014).On the forward market, the volume
decreased to 161,562,230 MWh, falling by 0.9 per cent YoY. The volume-weighted average
price of BASE_Y-16 contract in 2015 was 164.37 PLN/MWh and was lower than the
corresponding price of BASE_Y-15 contract in 2014 (169.25 PLN/MWh) by 4.88 PLN/MWh.
Electricity
2015 yearly volume (MWh)
2014 yearly volume (MWh)
Total
186,702,484
186,800,654
IDM
63,220
85,369
DAM
25,077,034
23,737,977
CDM
161,562,230
162,977,307
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]
Yearly volumes on the electricity markets
Financial Instruments Market
On 4 November, TGE launched the Financial Instruments Market (FIM) where cash-settled
futures contracts on the TGe24 index computed for the Day-Ahead Market are traded.
TGE plans to develop the market in stages and, based on the experience from other
developed markets, expects that it will take at least one year for the market to become liquid.
At the moment, the activities of the Exchange related to the development of the FIM are
focused on the education of the market community. Talks are underway with companies that
could become market makers already at the turn of Q1 2016.
Natural gas
The volume of all transactions concluded on the gas markets in 2015 totalled 106,868,146
MWh. This means a decrease by 4.3 per cent comparing to the 2014 result.
Considerable volume growth was observed on the spot market for natural gas. For all the
transactions concluded in the last year it reached 13,925,081 MWh. This represents a growth
by 111.84 per cent against the result for previous year. The volume on the IDMg totalled
3,447,180 going up by 191.4 per cent while the volume on DAMg reached 10,477,901
increasing by 94.4 per cent. The volume-weighted average price of natural gas on the spot
market in 2015 was 87.46 PLN/MWh and was lower than in the previous year by 17.54
PLN/MWh (105.00 PLN/MWh in 2014).
The volume of natural gas traded on the Commodity Forward Instruments Market with
Physical Delivery in 2015 totalled 92,943,065 MWh. The volume-weighted average price of
GAS_BASE_Y-16 contract in 2015 was 95.35 PLN/MWh and was lower than the corresponding
price of GAS_BASE_Y-15 contract in 2014 (110.46 PLN/MWh) by 15.11 PLN/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]
Natural gas
2015 yearly volume (MWh)
2014 yearly volume (MWh)
Total
106,868,146
111,648,809
IDMg
3,447,180
1,182,781
DAMg
10,477,901
5,390,470
CDM
92,943,065
105,075,558
Property Rights Market
The volume of electricity-related property rights trading totalled 58,926,414 MWh in 2015,
going up by 63.6 per cent YoY.
The yearly average price of property rights for green certificates traded during market
sessions was 123.60 PLN/MWh, going down by 62.93 PLN/MWh against the 2014 level
(186.53 PLN/MWh).
Property rights
concerning
electricity
2015 yearly volume (MWh)
2014 yearly volume (MWh)
Total
58,926,414
36,021,865
Green certificates
26,645,834
32,112,878
PRM session trading
6,528,521
6,957,156
PRM OTC trading
20,117,313
25,155,722
Yellow certificates
6,579,018
609,302
PRM session trading
1,194,356
114,906
PRM OTC trading
5,384,662
494,396
Red certificates
25,203,109
2,522,801
PRM session trading
5,165,564
522,028
PRM OTC trading
20,037,545
2,000,772
Purple certificates
498,453
776,884
PRM session trading
229,207
296,379
PRM OTC trading
269,247
480,504
Property Rights
concerning energy
efficiency
2015 yearly volume (toe)
2014 yearly volume (toe)
Total (white
certificates)
82,337
2,455
PRM session trading
70,555
2,455
PRM OTC trading
11,782
0
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]
Guarantees of
Origin for electricity
2015 yearly volume (MWh)
2014 yearly volume (MWh)
Guarantees of Origin
635,081
0
New participants
Currently 67 companies are the members of the Commodity Market (CM).
The Certificate of Origin Register maintained by the Polish Power Exchange currently has
2539 members. In 2015, their number grew by as much as 414 i.e. by nearly 2/3 more than
in 2014.
The membership in the Financial Instruments Market was obtained by seven entities: Dom
Maklerski Banku Ochrony Środowiska S.A., Dom Maklerski Noble Securities S.A., PGE Dom
Maklerski, IRL Polska Sp. z o.o., DUON Marketing and Trading S.A., Polskie Górnictwo
Naftowe i Gazownictwo S.A. and ING Securities.
Summary of trading activity at TGE in December 2015
Electricity
The volume of all transactions made on spot and forward markets in December 2015 totalled
16,940787 MWh, going up by 5.5 per cent against December 2014.
On the forward market, the volume was 14,484,237 MWh, growing by 4.2 per cent YoY.
On the Day-Ahead Market, the volume increased to 2,451,053 MWh, up by 13.2 per cent
YoY.
Electricity
Monthly volume in December
2015 (MWh)
Monthly volume in
December 2014 (MWh)
Total
16,940,787
16,063,428
IDM
5,497
4,716
DAM
2,451,053
2,164,845
CDM
14,484,237
13,893,866
Financial Instruments Market
The Final Settlement Price for the futures contract series which expired in December was
143.07 PLN/MWh.
Natural gas
The volume of all transactions concluded on the gas markets in December 2015 totalled
8,236810 MWh. This means a decrease by 3.2 per cent comparing to the December 2014
result.
On the Day-Ahead Market for gas the volume reached 1,533,048 MWh going up by 33.3 per
cent while on the Intraday Market for gas it totalled 423,591 MWh with 0.1 per cent increase.
In the Commodity Forward Instruments Market, the volume was 6,280,171 MWh going down
by 9.5 per cent.
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]
Natural gas
Monthly volume in December
2015 (MWh)
Monthly volume in
December 2014 (MWh)
Total
8,236,810
8,509,564
IDMg
423,591
423,165
DAMg
1,533,048
1,149,864
CDM
6,280,171
6,936,535
Property Rights Market
In December, the volume of electricity-related property rights trading totalled 5,371,902
MWh, going up by 16.1 per cent YoY.
Property rights
concerning
electricity
Monthly volume in
December 2015 (MWh)
Monthly volume in
December 2014 (MWh)
Total
5,371,902
6,400,908
Green certificates
3,374,975
4,852,068
PRM session trading
667,158
869,351
PRM OTC trading
2,707,818
3,982,716
Yellow certificates
373,386
313,621
PRM session trading
107,576
32,809
PRM OTC trading
265,810
280,812
Red certificates
1,589,734
1,173,187
PRM session trading
306,838
272,143
PRM OTC trading
1,282,896
901,044
Purple certificates
33,807
62,032
PRM session trading
33,340
13,865
PRM OTC trading
467
48,167
Property Rights
concerning energy
efficiency
Monthly volume in
December 2015 (toe)
Monthly volume in
December 2014 (toe)
Total (white
certificates)
50,578
276
PRM session trading
41,963
276
PRM OTC trading
8,614
0
Guarantees of Origin
for electricity
Monthly volume in
December 2015 (MWh)
Monthly volume in
December 2014 (MWh)
Guarantees of Origin
208,185
0
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:
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Towarowa Giełda Energii S.A. (TGE) was founded at the end of 1999. TGE started its operations on 30 June
2000. The launch of TGE was one of the first steps towards the liberalisation of the Polish electricity market
and the privatisation of the power sector
The only licensed commodity exchange in Poland, institution of public trust, controlled by a stable
shareholder – the Warsaw Stock Exchange
Member of the European Multi-Regional Coupling (MRC)
Source of transparent and up-to-date information on electricity market. The only one institution to
aggregate a full range of products related to the domestic energy market, i.e. electricity, natural gas,
certificates of origin, guarantees of origin, CO2 allowances, futures market
The fastest-growing commodity exchange in the region – a member of EUROPEX, APEx and AFM. In 2014,
the total volume of trade in TGE's electricity markets with physical delivery reached 186.8 TWh, which
corresponds to 119.4 per cent of the domestic electricity production and 117.7 per cent of domestic
consumption
TGE is featured on the ACER's list of platforms for reporting transaction information according to REMIT
requirements (RRM TGE)
Since December 2010 TGE and Nord Pool Spot operate joint day-ahead markets on a market coupling basis
for the Swe-Pol Link between Sweden and Poland; in 2016 an interconnection with Lithuania will be put
into operation
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]

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