Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

EEX Trading Results And New Admissions In June

Date 02/07/2009

Electricity trading volume on the European Energy Exchange (EEX) in June 2009 totalled 93.3 TWh, compared with 127.6 TWh in June 2008.

This includes 11,812,940 MWh (June 2008: 11,432,079 MWh) traded on the electricity Spot Market, where the average base load price (Phelix Base Month) for the month was 33.21 Euro/MWh and the peak load price (Phelix Peak Month) 42.33 Euro/MWh.

Intraday volume in June 2009 was 409,798 MWh (June 2008: 210,596 MWh).

On the Swiss electricity Spot Market June volume was 614,185 MWh (June 2008: 635,601 MWh).

Trading volume in electricity derivatives in June 2009 totalled 81.5 TWh (June 2008: 116.1 TWh). This includes 57.2 TWh from OTC clearing. The Open Interest at 30 June 2009 was 463.8 TWh. The 2010 base load price for German electricity was fixed at 50.50 Euro/MWh on 30 June 2009 and the 2010 peak load price at 71.35 Euro/MWh.

A total of 320,000 EU Allowances (EUA) were traded on the Spot Market in June 2009. During the month, the Carbix (Carbon Index) ranged between 12.51 Euro/EUA and 15.16 Euro/EUA.

Volume on the EEX Derivatives Market was 1,696,000 EUAs (4,083,000 EUAs June 2008). The 2009 contract was fixed at 13.26 Euro/EUA on 30 June 2009, and the 2010 contract at 13.76 Euro/EUA.

On the Derivatives Market for Certified Emission Reductions a volume of 88,000 CER was traded (June 2008: 118,000 CER). On 30 June 2009, the 2009 contract traded at 11.82 Euro/CER and the 2010 contract at 11.54 Euro/CER.

In June, the total Spot Market volume for natural gas (GUD and NCG market areas) was 82,320 MWh (94,800 MWh June 2008). The Spot Market price for the delivery of natural gas ranged between 9.80 Euro/MWh and 11.50 Euro/MWh.

Volumes on the Derivatives Market for natural gas (GUD and NCG market areas) amounted to 853,730 MWh (1,639,960 MWh June 2008). On 30 June 2009, the open interest was 3,889,460 MWh. On 30 June 2009 natural gas prices for delivery in 2010 were fixed at 19.74 Euro/MWh (GUD) and 20.10 Euro/MWh (NCG), respectively.

EEX currently has 230 member companies from 21 countries. In June, Innovative Energy GmbH, Bremerhaven, was admitted to the EEX Spot Market. Hess Energy Power & Gas Company (UK) Ltd., London, and Panther Trading AG, Zug, were admitted to the EEX Derivatives Market.