Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

EEX Trading Results And New Admissions In May

Date 04/06/2009

Electricity trading volume on the European Energy Exchange (EEX) in May 2009 totalled 96.3 TWh, compared with 134.7 TWh in May 2008.

This includes 12,126,868 MWh (May 2008: 11,635,194 MWh) traded on the electricity Spot Market, where the average base load price (Phelix Base Month) for the month was 30.93 Euro/MWh and the peak load price (Phelix Peak Month) 41.55 Euro/MWh.

Intraday volume in May 2009 was 382,093 MWh (May 2008: 214,260 MWh).

On the Swiss electricity Spot Market May volume was 623,458 MWh (May 2008: 565,961 MWh).

Trading volume in electricity derivatives in May 2009 totalled 84.2 TWh (May 2008: 123.1 TWh). This includes 62.9 TWh from OTC clearing. The Open Interest at 29 May 2009 was 448.0 TWh. The 2010 base load price for German electricity was fixed at 53.72 Euro/MWh on 29 May 2009 and the 2010 peak load price at 76.23 Euro/MWh.

A total of 735,295 EU Allowances (EUA) were traded on the Spot Market in May 2009. During the month, the Carbix (Carbon Index) ranged between 13.88 Euro/EUA and 15.55 Euro/EUA.

Volume on the EEX Derivatives Market was 1,373,000 EUAs (2,465,000 EUAs May 2008). The 2009 contract was fixed at 14.92 Euro/EUA on 29 May 2009, and the 2010 contract at 15.56 Euro/EUA.

In May, the total Spot Market volume for natural gas (GUD and NCG market areas) was 81,360 MWh (54,480 MWh May 2008). The Spot Market price for the delivery of natural gas ranged between 10.90 Euro/MWh and 12.30 Euro/MWh.

Volumes on the Derivatives Market for natural gas (GUD and NCG market areas) amounted to 356,454 MWh (1,414,231 MWh May 2008). On 29 May 2009, the open interest was 3,773,730 MWh. On 29 May 2009 natural gas prices for delivery in 2010 were fixed at 20.75 Euro/MWh (GUD) and 21.03 Euro/MWh (NCG), respectively.

EEX currently has 227 member companies from 21 countries. In May, Macquarie Bank Ltd. (London Branch), London, was admitted to the EEX Spot and Derivatives Market.