24.02.10:
Change in calculation of closing prices:
From the 1st of april 2010 Nord Pool Gas will change the price calculation from a non-weighted average of the day's trades to a weighted average of the day's trades.
"This has been a wish from our customers for a long time, and as other exchanges in Europe use this model, NPG has decided to also implement it", says CEO Kenneth Dupont.
Turnover NPG 2010:
January: 702.048 MWh
February: 642.360 MWh
March (mtd): 176.640 MWh
Closing prices at Nord Pool Gas
Each day after trading hours the day ahead, SWAP day ahead, Balance of Month and month ahead closing prices are displayed.
Prices
Latest news:
21.12.09:
Changes in the NPG Rulebook
As presented at the Market Council on the 2nd of dcember, the daily nomination reports from Nord Pool Gas to the exchange participants will expire from the 4th of january.
Therefore changes have been made in appendix 1, section 5.1 and appendix 2, section 2.1 in the appendices of the NPG Rulebook.
The updated version of the appendices can be found here Rulebook of NPG
02.12.09
On Wednesday the 2nd of december Nord Pool Gas held the semiannual Market Council meeting where participants and representatives of Nord Pool Gas meet to discuss different topics concerning the Danish market for natural gas.
Market Council Summary 021209
18.11.09:
Nord Pool Gas reaches 1000 % of last years turnover.
11.11.09:
The first Balance of Month contract was traded on the 10th of november 2009.
For further information about the Balance of Month contract please view product details under Trading at NPG.
01.10.09:
New products at Nord Pool Gas from 1st October 2009:
1st October the Danish gas exchange, Nord Pool Gas introduced two new products:
Swap Denmark/Germany and Balance of the Month.
The first swap contract for 30 MW was traded at EUR 0.90/MWh.
The trade was concluded between the market maker of the swap product, HNG Midt-Nord Handel and another participant at the gas exchange.
For more information please contact:
Nord Pool Gas
CEO Kenneth Rotvig Dupont +45 69 12 64 04 kd@npgas.com