Spot gas ES – 27/01/2021
Spanish spot gas prices continue to go down due to decreasing demand.
Volume traded in DA contracts for delivery on the 27th amounts to 37.6 GWh. Total spot volumes traded on MIBGAS for delivery on the 26th amounted to 128.7 GWh.
Spanish DA reference price for the 27th moves down to 22.09 €/MWh (-1.25 €/MWh) with respect to previous day. Intraday auction price for the 27th decreases to 21.60 €/MWh (-1.99 €/MWh).
Demand forecast for the 27th decreases to 1,139 GWh (-94 GWh) with respect to previous day. Conventional demand goes down to 989 GWh (+2 GWh) and power sector demand goes down to 150 GWh (-96 GWh).
On the 26th, LNG inflows were 34.9% of total supply. Inflows from France amounted to 200 GWh, 16.3% of total supply.
On the European gas markets: TTF end of day price for the 27th goes down to 19.52 €/MWh (-0.81 €/MWh) and PEG price decreases to 19.59 €/MWh (-0.86 €/MWh).