In December 2011, the total trading volume on the Natural Gas Market of the European Energy Exchange (EEX) amounted to 6,601,583 MWh compared with 2,916,828 MWh in December 2010.
Thereof a volume of 3,581,415 MWh was traded on the Spot Market for the delivery into the market areas GASPOOL, NCG and TTF (December 2010 GASPOOL and NCG volume: 1,567,364 MWh). During the month, the daily reference price on the Spot Market for Natural Gas ranged between EUR 17.00 per MWh and EUR 24.89 per MWh.
On the Derivatives Market for Natural Gas (GASPOOL and NCG market areas) a volume of 3,020,168 MWh was traded (December 2010: 1.349,464 MWh). The volume included 79,728 MWh from OTC-clearing. On 30 December 2011, the open interest was 31,037,472 MWh. On 30 December 2011 Natural Gas prices for delivery in 2012 were fixed at EUR 23.95 per MWh (GASPOOL) and EUR 24.00 per MWh (NCG), respectively. The last monthly average value for the natural gas index EGIX Germany, which constitutes the reference price for the delivery month January 2012, was fixed with 23.28 Euro per MWh on 29 December 2011.
In December, a volume 2,563,000 EUA was traded on the EEX Markets for European Emission Allowances (EUA) compared with 13,507,700 EUA in December 2010.
On the Spot Market a total of 1,205,000 EUA was traded. The volume included 355,000 EUA traded on the secondary spot market (December 2010: 76,700 EUA). Moreover 850,000 EUA have been auctioned-off on the Spot Market on behalf of the Lithuanian ministry of the environment. During the month, the Carbix (Carbon Index) ranged between EUR 6.50 per EUA and EUR 8.20 per EUA.
The volume traded on the secondary derivatives market amounted to 1,358,000 EUA (December 2010: 13,431,000 EUA). The 2012 MidDec future contract settled at EUR 7.14 per EUA on 30 December 2011, and the 2013 future contract at EUR 7.80 per EUA.
On the CO2 Derivatives Market for Certified Emission Reductions a volume of 11,000 CER was traded in December (no trading activity in December 2010). On 30 December 2011, the 2012 Mid Dec future contract settled at EUR 4.14 per CER.
In the framework of the EEX-Eurex cooperation, Tibra Equities Europe Limited, London, was admitted to trading on the EEX Derivatives Market for Power and Emission Allowances in December. Moreover, LDH Energy Merchant Europe Sàrl, Lausanne, became a new trading member on the EEX Power Derivatives Market.
