EEX European Energy Exchange: 1 TWh On Integrated EEX Spot And Futures Market In August- 200 Percent Increase In Spot Market Trading Volume Since Inception - BP Energie New Trading Participants On Futures Market

EEX European Energy Exchange released its turnover figures for the month of August on Monday: a total of 985.813 megawatt hours (MWh) were traded in the integrated spot and futures market (July 1.3 TWh). The August total comprises 815,928 MWh in the spot market (as compared with 913,778 MWh in July) and 169,885 MWh in the futures market (361,836 MWh in July). 4 TWh have been traded in the futures market since this segment was launched in March.

Of the 815,928 MWh in spot market volume, 110,376 MWh were traded in individual hours and 705,552 MWh in blocks, 503,040 MWh in baseload blocks and 202,512 MWh in peakload blocks. Trading volume in the spot market has increased 200 percent from the figure of 279,993 MWH posted in the starting month of August 2000.

EEX also admitted BP Energie (Deutschland) as a new participant for the futures market. This means that 57 participants from seven countries are now trading on the integrated spot and futures market. A total of 10 banks offer clearing services for EEX.