EEX Group reports its April 2023 volumes with the following highlights:
Power
- The total volume on the global power markets of EEX Group increased by 29% to 661.9 TWh compared to the same month of the previous year.
- Both the European Power Spot Markets, operated by EPEX SPOT (+11%), and the European EEX Power Derivatives Markets (+36%) recorded volume increases.
- In this context, trading in German Power Futures rose by 45% compared to the same period of the previous year. An additional driver of these developments was trading in French Power Futures, which recorded an increase of 41%.
- The Japanese Power Futures achieved a 394% growth as against April 2022, reaching its second highest result since the start of trading, while the US market also showed a positive development with an increase of 25% and a total of 305.6 TWh.
Natural Gas
- The global gas markets of EEX Group recorded a total volume of 519.4 TWh in April, which represents an increase of 7% compared to April 2022.
- While volumes on the EEX Natural Gas Futures markets increased by 26% compared to the same month last year, a slight decline of 8 % was observed on the European Gas Spot Markets. Trading in the UK gas market area NBP bucked this trend, with volumes of 17.7 TWh, representing a 229% year-on-year increase and a new record volume.
- There were also increases in Dutch (+15%), German (+13%) and French (+158%) Natural Gas Futures, some of which significantly exceeded their prior-year results.
- Nodal's US Gas Futures markets recorded strong growth, up 148% compared to April 2022.
Environmental products
- Trading activity in environmental products was mixed: 54.9 million tonnes of CO2 traded in the European emissions markets represented a 35 % decline. In contrast, the US environmental markets, operated by Nodal, showed a new record with nearly 44,000 contracts traded, +179% compared to April 2022.
Freight
- Trading on the EEX Freight Markets increased overall by 97% to 82,225 contracts compared with the same period last year, with both futures trading (+55%) and options trading (+458%) growing.
Agricultural Products
- In April, volume on European Dairy Futures markets fell to 2,503 contacts, below last month's record level.
Please find the full report attached as well as for download on the EEX website.
