Spot gas ES – 09/03/2021
Spanish DA gas price goes down pushed by lower European prices while intraday auction price moves up due to increasing demand. Spanish intraday auction price tends to be more responsive to demand variations.
Volume traded in DA contracts for delivery on the 9th amounts to 53 GWh. Total spot volumes traded on MIBGAS for delivery on the 8th amounted to 77 GWh, 6.3 % of daily demand.
Spanish DA reference price for the 9th goes down to 16.62 €/MWh (-0.60 €/MWh) with respect to previous day. Intraday auction price for the 9th increases to 17.15 €/MWh (+0.15 €/MWh).
Demand forecast for the 9th increases to 1,218 GWh (+33 GWh) with respect to previous day consolidated demand. Conventional demand goes up to 1,010 GWh (+7 GWh) and power sector demand moves up to 208 GWh (+26 GWh).
On the 8th, LNG inflows were 42.3 % of total supply. Inflows from France amounted to 50 GWh, 4 % of total supply.
On the European gas markets: TTF end of day price for the 9th decreases to 16.65 €/MWh (-0.15 €/MWh) and PEG price moves down to 16.17 €/MWh (-0.31 €/MWh).