Spot gas ES – 01/02/2021
Spanish spot gas prices move up slightly due to higher demand.
Volume traded in DA contracts for delivery on the 1st amounts to 10.8 GWh. Total spot volumes traded on MIBGAS for delivery on the 31st amounted to 224 GWh.
Spanish DA reference price for the 1st moves up to 19.91 €/MWh (+0.25 €/MWh) with respect to previous day. Intraday auction price for the 1st decreases to 19.41 €/MWh (+0.16 €/MWh).
Demand forecast for the 1st increases to 996 GWh (+9 GWh) with respect to previous Friday. Conventional demand goes up to 914 GWh (+22 GWh), and power sector demand moves down to 82 GWh (-13 GWh).
On the 31st, LNG inflows were 35.6% of total supply. Inflows from France were 45 GWh, representing only 5% of total supply.
On the European gas markets: TTF end of day price for the 1st goes down to 20.32 €/MWh (-0.04 €/MWh) and PEG price increases to 19.93 €/MWh (+0.15 €/MWh).