2012 Liquidity Report – Wholesale markets for natural gas and electricity

The 2012 Liquidity Report offers an overview of the developments in liquidity on the wholesale markets for natural gas and electricity in the Netherlands for the period 2009-2011.
In 2011, the Dutch wholesale market for natural gas was clearly heading in the right direction. Natural gas is increasingly traded in products with a duration of less than a year. Across the board, all products traded on the TTF clearly indicate an increase in liquidity. On the wholesale electricity market, liquidity levels appear to be stabilizing. Most products indicate values similar to those of last year. One trend that is worth noting is the declining trade in annual products, and, as a result, a decline in total trade volumes in the Netherlands.