EEX Achieves Significant Growth In Power And Emissions Markets

In July 2016, the monthly volume on EEX’s power derivatives market amounted to 244.0 terawatt hours (TWh), increasing the volume traded in July 2015 (172.9 TWh) by 41%.

EEX also recorded the highest volume in power options for Spain since the launch of this product at 0.9 TWh, while volumes in almost all other markets increased significantly compared to the previous year. The markets for Germany (173.4 TWh, +48%) as well as France (22.4 TWh, +12%) were the main drivers for this growth.

The July volumes comprised 114.9 TWh registered at EEX for clearing. Clearing and settlement of all transactions was executed by European Commodity Clearing (ECC).

Emission Allowances

On the EEX Market for emission allowances, a total volume of 78.5 million tonnes of CO₂ was traded in July, representing a year-on-year increase of 21% (July 2015: 64.9 million tonnes of CO₂). Primary market auctions contributed 63.7 million tonnes of CO₂ to the total volume. At 11.8 million tonnes of CO₂, volumes on the EUA derivatives market more than doubled compared to the previous year (July 2015: 4.3 million tonnes of CO₂).

Agricultural Products

In July, a total of 4,354 contracts were traded in agricultural products at EEX (July 2015: 8,117 contracts). This volume included 4,016 contracts (equal to 100,400 tonnes) from European processing potatoes and 338 contracts (equal to 1,690 tonnes) from dairy products.

Global Commodities

In July, EEX registered 165 contracts in freight futures.

New Participants

During the month, EEX admitted Alperia Energy SRL, Bolzano (Italy), CEPSA GAS Y ELECTRICIDAD S.A., Madrid, as well as R.J. O'Brien Limited, London as new trading participants. EWE Trading GmbH, Oldenburg (Germany), extended its admission to the Power Derivatives Market as well as trading in Cap Futures and Guarantees of Origin (GoO).

Details on the volumes are available in the enclosed monthly report.