Spot gas ES – 04/03/2021
Spanish DA gas price moves down while intraday auction price remains stable.
Volume traded in DA contracts for delivery on the 4th amounts to 41.5 GWh. Total spot volumes traded on MIBGAS for delivery on the 3rd amounted to 104 GWh, 8.9 % of daily demand.
Spanish DA reference price for the 4th goes down to 16.10 €/MWh (-0.14 €/MWh) with respect to previous day. Intraday auction price for the 4th remains stable at 16.50 €/MWh.
Demand forecast for the 4th decreases to 1,164 GWh (-8 GWh) with respect to previous day consolidated demand. Conventional demand goes up to 950 GWh (+3 GWh), and power sector demand moves down to 214 GWh (-11 GWh).
On the 3rd, LNG inflows were 40.9 % of total supply. Inflows from France amounted to 60 GWh, 5.3 % of total supply.
On the European gas markets: TTF end of day price for the 4th decreases to 15.93 €/MWh (-0.17 €/MWh) and PEG price moves down to 15.58 €/MWh (-0.16 €/MWh).