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Press Release | 10 Oct 2019

OMIClear surpasses in the first nine months of 2019 the total volumes registered in 2017 and 2018.

Secção: 

In the first 9 months of the year, OMIClear registered a volume of 38.4 TWh in the power and natural gas segments, which exceeds the volumes recorded throughout 2017 (35.5 TWh) and 2018 (32.8 TWh). Of the 38.4 TWh registered from January to September, 25.4 TWh were in the power segment and 13.0 TWh in the natural gas segment.              

In September, 6.0 TWh of power futures from OMIP market were registered, coming from continuous trading, bilateral operations (OTC) and regulated auctions, of sale, by the Supplier of Last Resort, of renewable energy and of purchase, by the Supplier of Last Resort, of energy for its regulated retail activity. OMIP and OMIClear have thus strengthened their central role in the Iberian power futures market, by offering their participants various trading modalities and a broad range of products with maturities ranging from the day ahead to the Year+7, and delivery profiles base, peak and solar.

With respect to natural gas clearing services, OMIClear clearing volume, traded or registered in MIBGAS and MIBGAS Derivatives, reached 1.7 TWh in September, representing the 2nd best month since the beginning of this activity. In the first nine months of 2019 the total volume registered at OMIClear reached almost 13 TWh more than 4 times higher than the total volume registered in 2018. These volumes confirm OMIClear's diversification strategy in the natural gas sector through the agreements with MIBGAS and MIBGAS Derivatives markets and OMIP.