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PSV, strong start of the thermal year of 2020-2021

In October more than 10 bln m3 of gas traded, 2.5 bln m3 physical transactions

Gas trading begins with a strong increase at the PSV (Punto di Scambio Virtuale, Virtual Trading Point) in the thermal year of 2020-2021. In October, the Snam Rete Gas platform actually reported volumes of 10,196 million m3, 16.8% more compared to 8,727 of the same month of 2019 and 2.9% more vs. 9,905 million m3 in September.
Transactions carried out at the PSV amounted to 30,563 in October, down from 31,802 a year earlier but up with respect to 29,071 in September.
Finally, as for the Churn rate (traded volumes/physical volumes), the figures of PSV for the past month indicate a growth to 3.9, with physical volumes of slightly more than 2.5 billion m3.

Energy Morning is an information service on facts and news on the energy industry. As such, the contents of this service do not directly or indirectly reflect the vision and strategy of Snam on the topics covered.

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updated
17 November 2020 - 15:49 CET