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Electricity trading volume on the European Energy Exchange (EEX) in May 2007 totalled 110.89 TWh, compared with 128.97 TWh in May 2006.
This includes 8,927,899 MWh (May 2006: 7,157,813) traded on the electricity Spot Market, where the average base load price (Phelix Base Month) for the month was 32.82 Euro/MWh and the peak load price (Phelix Peak Month) 47.58 Euro/MWh.
Intraday volume in May 2007 was 106,393 MWh.
On the Swiss electricity Spot Market, where trading began on December 12, 2006, May volume was 341,916 MWh.
Trading volume in electricity derivatives in May 2007 totalled 102.0 TWh (May 2006: 121.8 TWh). This includes 91.2 TWh from OTC clearing. The Open Interest at 31 May 2007 was 305 TWh. The 2008 base load price for German electricity was fixed at 56.00 Euro/MWh on 31 May 2007 and the 2008 peak load price at 80.69 Euro/MWh.
A total of 194,183 EU Allowances (EUA) were traded on the Spot Market in May, com-pared with 978,524 EUAs in May 2006. During the month, the Carbix (Carbon Index) ranged between 0.20 Euro/EUA and 0,59 Euro/EUA.
Volume on the EEX Derivatives Market was 1,195,000 EUAs (230,000 EUAs May 2006). The 2007 contract was fixed at 0.28 Euro/EUA on 31 May 2007, and the 2008 contract at 23.00 Euro/EUA.
EEX currently has 163 member companies from 19 countries. Norsk Hydro Produksjon AS, Oslo, and IMC Energy Trading B.V., Amsterdam, were admitted to the Spot and Derivatives Market. This coincides with the expiration of the admittance of Norsk Hydro Energie AS as well as IMC Trading B.V. to the Spot and Derivatives Market. E.ON edis AG, Fürstenwalde, has cancelled its membership.
