The Derivatives Market for Power accounted for 119 TWh of this total. The trading vol-ume on the Derivatives Market comprises 81.5 TWh from OTC clearing.
On 27 April 2006, derivatives trading on EEX reached its all-time record result for any given day so far at 17.9 TWh. The total of 15.7 TWh from clearing of trades concluded off the exchange (OTC clearing) contributed to this result. According to Oliver Mai-baum, Managing Director Exchange and Director Market Operations of EEX, this result clearly reflects the high degree of acceptance which EEX enjoys on the market as well as the confidence which the market participants have in the exchange: “Once again, EEX has proven that its clearing concept provides the required security to all trading participants - even on a fast-moving market with considerably increased trading volumes in connection with large price movements.”
As of 28 April 2006 the open interest amounted to 235.89 TWh. On the Derivatives Market for Power the base load for the year 2007 in Germany was quoted at EUR 51.60 per MWh and the peak load for the year 2007 in Germany was quoted at EUR 78.40 per MWh. A total of 7,184,293 MWh was sold in spot trading in electricity in April. On the Spot Market for Power the base load price amounted to EUR 43.14 per MWh on average for the month (Phelix Base Month) and the price for the peak load (Phelix Peak Month) amounted to EUR 56.17 per MWh.
In April, a total of 1,067,814 EUA was traded on the EEX Spot Market for CO2 Emission Allowances. During this period, the Carbix (Carbon Index) ranged between EUR 14.05 per EUA and EUR 29.95 per EUA.
On the EEX Derivatives Market for CO2 Emission Allowances, launched October 4, 2005, the volume traded was 185,000 EU Allowances. On April 28, 2006, the price for the year 2006 futures contract was established at EUR 13.53 per EUA, the price for the year 2008 contract amounted to EUR 18.50 per EUA.
Currently, 139 companies from 17 different countries are active on the European Energy Exchange. PB Latusek from Poland was admitted to the Spot Market in April.
