The European Energy Exchange EEX published its turnover figures for the month of September on Tuesday. A total of 3.46 million MWh was traded in the integrated spot spot and futures market, over 200 percent more than in the previous month (August: 985,813 MWh). The September total comprises volume of 737,721 MWh traded in the spot market (August: 815,928 MWh) and 2.73 million MWh in the futures market (August:169,885 MWh). A total of 6.7 million MWh have thus already been traded in the futures market only seven months since the market was launched in March this year; the volume traded in the spot market this year already amounts to 6.8 million MWh.
The spot market volume of 737,721 MWh traded in September comprises 157,797 MWh in single hours and 579,924 MWh in blocks, 415,824 MWh in baseload blocks and 164,100 MWh in peakload blocks.
The total of 2.73 Mio MWh traded in the futures market comprises 371,016 MWh in one-month futures and about 2.36 million MWh in the 12-month futures launched on September 10. With the 12-month futures, in addition to the one-month futures, EEX participants now also have products that they can use to hedge against long-term price fluctuation risks.
