The monthly volume on EEX’s power derivatives market, amounted to 233.6 terawatt hours (TWh) in December 2015 which is an increase of 14% compared to December 2014 (205.1 TWh).
In power futures for Spain (4.4 TWh) and Switzerland (1.0 TWh), EEX reached the highest volumes since the launch of these products. Furthermore, Italian Power Options were registered for the first time at EEX.
The December volumes comprised 148.3 TWh registered at EEX for clearing. Clearing and settlement of all transactions was executed by European Commodity Clearing (ECC).
Emission Allowances
On the EEX Market for emission allowances, a total volume of 48.9 million tonnes of CO2 was traded in December, which means that the volume has more than doubled compared to the previous year (December 2014: 22.8 million tonnes of CO2). In particular, volumes on the EUA secondary market contributed to this development: On the spot market, volumes almost quadrupled to 4.5 million tonnes of CO2 while, on the derivatives market, EEX achieved the highest volume for more than two years with 14.8 million tonnes of CO2. Primary market auctions contributed 29.6 million tonnes of CO2 to the total volume.
Agricultural Products
In December, 2,585 contracts were traded in agricultural products at EEX. This includes 1,653 contracts (equal to 41,325 tonnes) from Potatoes and 932 contracts (equal to 4,660 tonnes) from Dairy Products.
New Participants
In December, EEX admitted Multiutility S.p.A., Verona, and Tallon Trading AG, Baar (Germany) as new trading participants. ICAP Energy Limited, London, and SSY Futures Limited, London, were recognised as new Non-Trading Brokers at EEX. Furthermore, Endesa Generación S.A., Sevilla, GFI Securities Limited, London, and Vitol S.A., Geneva, were additionally admitted for registering Freight contracts for clearing. EP Energy Trading, a.s., Prague, was additionally admitted on the Spot and Derivatives Market for Emission Allowances.
Details on the volumes are available in the enclosed monthly report.
The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and commodity products. At EEX, contracts on Power, Coal and Emission
Allowances as well as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX, EPEX SPOT (incl. APX-Belpex), Powernext, Cleartrade Exchange (CLTX) and Gaspoint Nordic are also part of EEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC). EEX is part of Deutsche Börse Group. For more information: www.eex.com
EEX – Monthly Figures Report for December 2015
Volumes
Power Derivatives Market |
Monthly volume MWh |
Monthly volume – previous year MWh |
Total |
233,596,617 |
205,124,080 |
Phelix Futures |
143,792,765 |
158,198,474 |
French Futures |
33,118,270 |
17,387,665 |
Italian Futures |
44,894,909 |
25,453,243 |
Spanish Futures |
4,440,069 |
122,015 |
Further markets |
1,105,884 |
452,683 |
Options on Phelix Futures |
6,135,520 |
3,510,000 |
Options on Italian Futures |
109,200 |
- |
CO2 Emissions Market |
Monthly volume tonnes of CO2 |
Monthly volume – previous year tonnes of CO2 |
Total |
48,925,000 |
22,810,000 |
EUA Spot Market |
34,108,000 |
20,711,000 |
CER Spot Market |
2,000 |
83,000 |
EUA Derivatives Market |
14,815,000 |
2,016,000 |
Agricultural Products |
Monthly volume
Number of contracts |
Monthly volume Number of contracts |
Total |
2,585 |
- |
Processing Potatoes |
1,653 |
- |
Dairy Products |
932 |
- |
Prices and Indices
|
December 2015 |
Phelix Futures – Settlement Price for base load contract with delivery in 2017 (in €/MWh) |
26.61 |
Phelix Futures – Settlement Price for peak load contract with delivery in 2017 (in €/MWh) |
33.72 |
E-Carbix (in €/EUA) |
8.26 |
Settlement Price on EUA Derivatives Market in Dec 2016 contract (min. / max.) in €/EUA |
8.14 / 8.67 |