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South-North Corridor GRIP 2017 |
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3.4.1.5 Highlights from the year 2013 to 2015
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Belgium:
the Zeebrugge traded volumes remained stable, with the ZTP hub showing a
steady increase
\\
Germany:
the NCG traded volumes increased by 16% and the GASPOOL traded
volumes increased by 18%
\\
France:
the sum of the PEG Nord and TRS traded volumes increased by 20%
\\
Italy:
the PSV traded volumes and the related number of transactions increased by
16%
Considering the overall evolution of traded gas volumes, the European gas hubs
have increased rapidly since their creation in 2000. Market and regulatory improve-
ments such as the early implementation of Network Codes have kept traded volumes
growing. Traded volumes keep on growing, although at a slower rate since 2013.
Around 500bcm are traded each year in the gas hubs from the South-North Corridor,
representing almost a triple of gas demand. These hubs are nevertheless far smaller
than the reference hubs TTF (around 1,700bcm) and NBP (around 1,000bcm).
0
200
100
300
400
600
500
bcm
2007
2008
2009
2010
2011
2012
2013
2014
2015
PSV
PEG
GASPOOL
NCG
ZEE
Traded volumes
Figure 3.31:
Evolution of traded volumes in the main European gas hubs in the
South-North Corridor (Source: IHS Energy European gas hub tracker)