Spot gas ES – 10/03/2021
Spanish spot gas prices go up due to the increase in European prices. Demand moves down influences by lower power sector consumption.
Volume traded in DA contracts for delivery on the 10th amounts to 30.2 GWh. Total spot volumes traded on MIBGAS for delivery on the 9th amounted to 110 GWh, 9.4 % of daily demand.
Spanish DA reference price for the 10th goes up to 17.07 €/MWh (+0.45 €/MWh) with respect to previous day. Intraday auction price for the 10th increases to 17.99 €/MWh (+0.84 €/MWh).
Demand forecast for the 10th decreases to 1,173 GWh (-36 GWh) with respect to previous day consolidated demand. Conventional demand goes down to 999 GWh (-9 GWh) and power sector demand moves down to 174 GWh (-27 GWh).
On the 9th, LNG inflows were 44.8 % of total supply. Inflows from France amounted to 47 GWh, 4 % of total supply.
On the European gas markets: TTF end of day price for the 10th increases to 17.26 €/MWh (+0.61 €/MWh) and PEG price moves up to 16.84 €/MWh (+0.67 €/MWh).