EEX: Record Turnover On The Electricity Spot Market

The EEX pursues its positive, undiminished trading trend and announces a record turnover of electricity trading on the EEX Spot Market. With a daily volume of 321.939 MWh on 3 October 2005, a new benchmark was established. It corresponds to appox. 24 % of the average German daily electricity consumption of around 1.350.000 MWh. The second and third highest trade volumes were reached on 5 October 2005 with 279.857 MWh and on 4 October 2005 with 267.738 MWh.

EEX operates a Spot and a Derivatives Market for energy and energy-related products and, with 128 trading participants from 16 countries, it is the energy exchange in conti-nental Europe which boasts the highest number of trading participants and the biggest turnover. In addition to electricity and electricity futures, options on electricity are also traded and trading in CO2 emission allowances commenced in March 2005. The range of services provided by EEX is complemented with related services such as the joint clearing of exchange transactions and over-the-counter transactions (OTC clearing).