Spot gas ES – 26/02/2021

Spanish spot gas prices show little movements. DA gas price goes down while intraday auction price moves up. Demand decreases due to lower power sector consumption.

Volume traded in DA contracts for delivery on the 26th amounts to 35.3 GWh. Total spot volumes traded on MIBGAS for delivery on the 25th amounted to 84.8 GWh.

Spanish DA reference price for the 26th goes down to 15.83 €/MWh (-0.07 €/MWh) with respect to previous day. Intraday auction price for the 26th moves up to 16.05 €/MWh (+0.05 €/MWh).

Demand forecast for the 26th decreases to 1,057 GWh (-45 GWh) with respect to previous day consolidated demand. Conventional demand goes down to 928 GWh (-20 GWh) and power sector demand moves down to 129 GWh (-25 GWh).

On the 25th, LNG inflows were 42.6% of total supply. There were no inflows from France.

On the European gas markets: TTF end of day price for the 26th decreases to 15.90 €/MWh (-0.31 €/MWh) and PEG price moves down to 15.76 €/MWh (-0.51 €/MWh).


luca.bai@k4view.com