Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

EEX Trading Results And New Admissions In July

Date 05/08/2009

Electricity trading volume on the European Energy Exchange (EEX) in July 2009 totalled 79.1 TWh, compared with 144.2 TWh in July 2008.

This includes 11,791,201 MWh (July 2008: 12,148,990 MWh) traded on the electricity Spot Market, where the average base load price (Phelix Base Month) for the month was 35.52 Euro/MWh and the peak load price (Phelix Peak Month) 45.34 Euro/MWh.

In July 2009, a volume of 509,081 MWh was recorded on the Intraday market representing the highest monthly volume traded so far (July 2008: 221,373 MWh).

On the Swiss electricity Spot Market the volume of July was 682,609 MWh (July 2008: 527,643 MWh).

Trading volume in electricity derivatives in July 2009 totalled 67.3 TWh (July 2008: 132.0 TWh). This includes 45.2 TWh from OTC clearing. The Open Interest at 31 July 2009 was 468.0 TWh. The 2010 base load price for German electricity was fixed at 49.16 Euro/MWh on 31 July 2009 and the 2010 peak load price at 69.10 Euro/MWh.

A total of 897,972 EU Allowances (EUA) were traded on the EEX Spot Market in July 2009. During the month, the Carbix (Carbon Index) ranged between 12.65 Euro/EUA and 14.56 Euro/EUA.

Volume on the EEX Derivatives Market was 2,198,000 EUAs (5,878,000 EUAs July 2008). The 2009 contract was fixed at 13.86 Euro/EUA on 31 July 2009, and the 2010 contract at 14.30 Euro/EUA.

In July, the total Spot Market volume for natural gas (GUD and NCG market areas) was 145,080 MWh (122,640 MWh July 2008). The volume includes 4,200 MWh traded in the natural gas day ahead auction launched on 15 July 2009. The Spot Market price for the delivery of natural gas ranged between 8.00 Euro/MWh and 11.00 Euro/MWh.

Volumes on the Derivatives Market for natural gas (GUD and NCG market areas) amounted to 827,650 MWh (3,832,349 MWh July 2008). On 31 July 2009, the open interest was 3,836,408 MWh. On 31 July 2009 natural gas prices for delivery in 2010 were fixed at 18.75 Euro/MWh (GUD) and 18.90 Euro/MWh (NCG), respectively.

EEX currently has 235 member companies from 21 countries. In July, OMPEX AG, Zurich, Optimization Engineers GmbH, Hattingen, and swissgrid ag, Frick, were admitted to the Spot Market. Gala S.p.A., Rome, was admitted to the Derivatives Market. Vigor AG, Binningen, became a new member on the EEX Spot and Derivatives Market.