2018 Top 20 Pipeline Capacity Traders Report

Tenaska Tops the List Again with 7.6 Bcfd Traded

Boston, Massachusetts – March 14, 2019 – Skipping Stone, a global energy markets consulting and technology services firm, announced that their affiliate, Capacity Center, has released its 11^th annual Top 20 Capacity Traders Report. In addition to the Top 20 Traders, this report lists Top 20 Pipelines traded on, together with an analysis that reveals trends in the natural gas trading market, including the numbers, duration, and quantities of deals entered into during the entire 12 months of 2018.

“Tenaska was once again the top Capacity Trader based on annualized capacity acquired,” said Skipping Stone President Greg Lander, “with Direct Energy moving into second trading places with BP at number 3. Exelon Non-Reg moved up one to 4^th, Sequent dropped one place to 5^th. DTE, Emera, NRG, took 6^th, 7^th, and 8^th respectively, while EDF Trading re-entered the top 20 at number 9 after being bumped out of the top 20 in 2017. Castleton Commodities moved up the most (22 places) and into the top 20 for the first time placing 10^th after steadily moving up from 47^th in 2016 to 32^nd in 2017.

Other traders joining the top 20 for the first time were Concord Energy moving up 17 places to finish at 14^th and Eco Energy at moving up 9 places to become 17^th. In addition, United Energy Trading re-entered the Top 20 at 19 after dropping out in 2017.”

The report provides the Top 20 rankings by utilizing the 2018 entries to Capacity Center’s database of all the transportation capacity release deals on 104 tracked interstate pipelines. Rankings were determined based on annualized capacity acquired through capacity release trades excluding volumes done due to acquisitions and between related affiliates. Methodology details are described in the report.

The annual report also provides:

A table with the full list of Top Twenty Capacity Traders, their count of 2018 deals done, multi-year annualized traded capacity and changes from full year 2017 capacity trading statistics
A table of the Top Twenty pipelines with their annualized and total multi-year annualized traded capacity
A discussion of the size and number of capacity traders in the forward market relative to all capacity traded in the pipeline capacity market

The full report is available at CapacityCenter.com.

For more information about the rankings or about Capacity Center, contact Katherine Castillo, kcastillo@capacitycenter.com or (978) 717-6144.

About CapacityCenter.com

CapacityCenter.com is owned and operated by the energy markets consulting firm, Skipping Stone LLC. Its automated services monitor capacity release offers, system notices and deal award information, as well as streaming available transactions and their details as they occur to its customers via email for trading, risk and regulatory compliance, and for deal origination and valuation purposes. Please visit http://www.capacitycenter.com for more information.