Capacity Center Releases 2019 Top 20 Pipeline Capacity Traders Report

Tenaska Ranked #1 Again at 4.8 Bcfd Traded

Boston, Mass – February 25, 2020 – Skipping Stone, a global energy markets consulting and technology services firm, announced that their affiliate, Capacity Center, has released its 12th annual Top 20 Pipeline 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 2019.

Capacity Center has analyzed all the pipeline capacity release transactions on every pipeline for 2019. Only trades occurring within the calendar year of 2019 were counted in the analysis and for the rankings. Only the first year of capacity rights were counted for multi-year deals to give an apples-to-apples comparison of equivalent annualized capacity on a Dth per day basis.

This past year’s trade count represents a 2.7% increase over calendar 2018. In 2019, 445 distinct trading partner company groups traded 58.8 Bcfd of Annualized Transportation Capacity on 78 pipelines – a 7.3% decrease in Annualized volume from 2018’s 63.4 Bcfd.

For 2019, Tenaska was again the top Capacity Trader. Direct Energy came in second with with BP third, Sequent fourth, and Emera Non-Regulated, fifth.

The report provides the Top 20 rankings by utilizing the 2019 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:

1. A table with the full list of Top Twenty Pipeline Capacity Traders, their count of 2019 deals done, multi-year annualized traded capacity and changes from full year 2018 capacity trading statistics
2. A table of the Top Twenty pipelines with their annualized and total multi-year annualized traded capacity
3. Observations on market participation and 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 inquiry1@capacitycenter.com or (978) 717-6144.

About CapacityCenter.com

CapacityCenter.com operates the only 24/7/365 natural gas interstate pipeline data center covering all the US pipelines. Its automated services monitor capacity release offers, system notices and deal award information, and streams available transactions and their details as they occur to its customers via email for trading, risk and regulatory compliance, as well as deal origination and valuation purposes. www.capacitycenter.com

CapacityCenter.com is owned and operated by the energy consulting firm, Skipping Stone LLC.