• Strom, CO2 und Gas notieren fester
  • Hermann Albers weiterhin BWE-Präsident
  • Vollmundige Versprechen ohne Taten
  • Kritik an Berliner Vorschrift für Kartenlesegeräte an Ladestationen
  • Uniper Q1: Höhere Prognose angekündigt
  • Energiebranche soll Hauptlast der neuen Klimaschutzziele tragen
  • Software-Tool errechnet Wechselwirkungen
  • Merkel ruft zu weltweitem Emissionshandelssystem auf
  • Millionenförderung für Mittelstandsprojekt
  • Supercomputer kühlt sich selbst mit Wärme
COMMENTARY:
GAS - Spot prices mixed
(Heren Energy) - Zeebrugge nearside prices closed mixed on Tuesday, with market participants disagreeing on the effect of the news that the Interconnector is poised to switch its flow direction yet again.
 

One trader stated that preparations for the flow reversal, which pipeline operator IUK is about to start tomorrow morning, sparked an increase in gas demand because the pipeline had to be filled during the transition period.  Prices witnessed a sudden jump accordingly, he said, adding though that the impact was felt more strongly at the NBP than at Zeebrugge.

However, another source said that the market largely shrugged off the IUK news as traders had become used to the ongoing to and fro of flow reversals. Trading activity focussed on the Day-ahead contract, which went through in a range of 24.75 p/th to 25.75 p/th.

The Day-ahead basis was seen earlier in the day dealing at plus 0.50 p/th and 0.40 p/th but fell back during the afternoon to minus 0.25 p/th. It was last quoted at minus 0.10 p/th to plus 0.10 p/th, though the last outright deals reported were well above that level. 

Weekend basis was quoted in the late afternoon at minus 0.30 p/th to zero. Given the mild weather and ample gas supply, several continental traders assigned downward potential to spot prices. One market source expressed the suspicion that an unknown participant was attempting to maintain prompt prices at artificially high levels.

With alternative energy sources such as LNG or coal increasingly competing against natural gas, “it seems a bit suspicious” that prices were above historic averages, he said. In the front month, a December deal was reported at 29.40 p/th, but further out on the curve, activity was limited to a Summer ´06 basis deal at plus 0.725 p/th. The basis was last quoted at 0.675-1.20 p/th.

At the Dutch TTF, Day-ahead deals were recorded between EUR 13.20/MWh and EUR 13.35/MWh, slightly above yesterday´s trading level. In addition, a 120 MWh Weekend parcel dealt at EUR 13.80/ MWh.

On the curve, trading interest went as far as Q1 ´05, which dealt at EUR 13.60/MWh. A TTF trader described trading at the Dutch market as being an occasional outbreak of activity followed by lacklustre periods, rather than a steady stream of activity. In her opinion, TTF activity – which is seen involving six to eight active counterparties at present – might be prompted whenever participants owning storage facilities spotted selling opportunities.

Hinweis: Artikel von Heren Energy werden in powernews.org mit freundlicher Genehmigung des Verfassers unverändert veröffentlicht. powernews.org ist für diesen Inhalt nicht verantwortlich.


 
Möchten Sie diese und weitere Nachrichten lesen?
 
 
Testen Sie E&M powernews
kostenlos und unverbindlich
  • Zwei Wochen kostenfreier Zugang
  • Zugang auf stündlich aktualisierte Nachrichten mit Prognose- und Marktdaten
  • + einmal täglich E&M daily
  • + zwei Ausgaben der Zeitung E&M
  • ohne automatische Verlängerung
 
Jetzt kostenlos testen
 
Login für Kunden
 

Kaufen Sie den Artikel
  • erhalten Sie sofort diesen redaktionellen Beitrag für nur € 2.98
 
JETZT ARTIKEL KAUFEN
Mehr zum Thema

 
Haben Sie Interesse an Content oder Mehrfachzugängen für Ihr Unternehmen?
 
Sprechen Sie uns an, wenn Sie Fragen zur Nutzung von E&M-Inhalten oder den verschiedenen Abonnement-Paketen haben.
Das E&M-Vertriebsteam freut sich unter Tel. 08152 / 93 11-77 oder unter  vertrieb@energie-und-management.de über Ihre Anfrage.
 
WEITERE INFORMATIONEN
© 2021 Energie & Management GmbH
Mittwoch, 19.11.2003, 08:02 Uhr