Spot gas ES – 03/03/2021
Spanish DA gas price moves down while intraday auction price increases. Demand increases due to higher power sector consumption.
Volume traded in DA contracts for delivery on the 3rd amounts to 42.2 GWh. Total spot volumes traded on MIBGAS for delivery on the 2nd amounted to 90 GWh, 7.8 % of daily demand.
Spanish DA reference price for the 3rd goes down to 16.24 €/MWh (-0.20 €/MWh) with respect to previous day. Intraday auction price for the 3rd moves up to 16.50 €/MWh (+0.20 €/MWh).
Demand forecast for the 3rd decreases to 1,156 GWh (-6 GWh) with respect to previous day consolidated demand. Conventional demand goes down to 933 GWh (-25 GWh), and power sector demand moves up to 223 GWh (+19 GWh).
On the 2nd, LNG inflows were 36.6 % of total supply. Inflows from France amounted to 55 GWh, 5 % of total supply.
On the European gas markets: TTF end of day price for the 3rd decreases to 16.11 €/MWh (-0.27 €/MWh) and PEG price moves down to 15.74 €/MWh (-0.33 €/MWh).