EEX Group Monthly Volumes – November 2024

EEX Group reports its November monthly volumes with the following highlights:

• The EEX Group Global Power markets achieved a monthly traded volume of 1,205 TWh, marking a +34% Year-on-Year growth.
• This increase was largely driven by the European EEX Power Derivatives, which set a new record at 924.7 TWh (+50% YoY). The German power derivatives market continued its upward trajectory, reaching record monthly volumes of 646.2 TWh (+55% YoY). Similarly, the Greek Power Futures maintained their growth momentum, rising to 1.9 TWh (+425%), while the Bulgarian and Slovenian Power Futures also achieved a record monthly volume of 2.4 TWh and 0.7 TWh, respectively. Also, the Italian power derivatives market has reached the highest volume since 2020, with 73.8 TWh. In addition, in November EEX launched the first cleared power futures for the Irish market.
• The EEX Japanese Power Futures market reported another record month exceeding 8.9 TWh.
• Volumes on the EEX Group Power Spot markets amounted to 74.6 TWh (+18% YoY), including new monthly records on the Danish Day-ahead, as well as Finnish and Austrian intraday markets.
• The EEX Group Natural Gas markets experienced a 4% Year-on-Year decline in volumes, totaling 678 TWh. Despite this, the UK Natural Gas Spot (NBP) market achieved a record monthly volume of 19.8 TWh, a plus of 29% YoY.
• In November, traded volumes of EEX Guarantees of Origin Futures reached 1.2 TWh, the highest monthly volume since its launch. The highest single day volume reached 455 GWh on 29 November.
• The EEX European Environmental markets registered high volumes with the Emissions futures almost doubling compared to the previous year, with 85,4 t CO2 (+106% YoY).
• The EEX Group Freight markets welcomed a new suite of freight futures and options contracts for the dry and LNG freight markets, with first trades concluded on the first days of trading closing on both markets. 

Please find the full volume report below.