In January 2014, the total volume traded in powerderivatives on the European Energy Exchange (EEX) amounted to 116.2 TWh(January 2013: 125.2 TWh). The overall volume included 54.2 TWh from Trade Registrations, the registration of trades for clearing.
The Power Derivatives Market volumes are broken down as follows:
|
Power |
Jan 2014 Vol. in MWh |
Jan 2013 Vol. in MWh |
|
Total trading volume |
116,242,618 |
125,206,891 |
|
Phelix Futures |
112,530,572 |
120,083,913 |
|
French Futures |
2,624,891 |
1,999,218 |
|
Dutch Futures |
80,275 |
- |
|
Phelix Options |
186,000 |
3,123,760 |
- The base load for 2015 on the Power Derivatives Market was quoted at EUR 36.38 per MWh (Germany) and EUR 42.75 per MWh (France) on 31 January 2014.
- The peak load for 2015 was quoted at EUR 46.95 per MWh (Germany) and EUR 56.38 per MWh (France).
In addition, a volume of 820,880 MWh was registered for clearing via European Commodity Clearing (ECC). This volume comprised 773,720 MWh registered in Italian Power Futures and 47,160 MWh registered in Romanian Power Futures.
In January, a volume of 50,000 Guarantees of Origin was traded on the EEX Derivatives Market.
Emission Allowances
On the EEX Market for Emission Allowances, a total volume of 74.7 million tonnes of CO2 was traded in January compared with 55.0 million tonnes of CO2 in January 2013, this represents a 36 percent increase. In January, the Primary Market Auctions contributed 67.0 million tonnes of CO2 to the total volume.
The volumes traded in Emission Allowances were as follows:
|
Emission Allowances |
Jan 2014 Vol./tCO2 |
Jan 2013 Vol./tCO2 |
|
Total trading volume |
74,744,500 |
55,002,500 |
|
EUA Spot Market Primary Market Auctions: Secondary Market: |
73,892,500 67,048,500 6,844,000 |
53,127,500 51,362,500 1,765,000 |
|
CER Spot Market |
2,000 |
25,000 |
|
EUA Derivatives Market |
850,000 |
1,850,000 |
- In January, the monthly average of the ECarbix (European Carbon Index) amounted to EUR 4.97 per EUA.
- On the EUA Derivatives Market, the daily settlement price in the front year contract (Dec-2014) varied between EUR 4.59 per EUA and EUR 5.78 per EUA.
New participants:
In January, EEX has admitted Electrade S.p.A., Bassano del Grappa (Italy), for trading on the Spot and Derivatives Market. BELEKTRON d.o.o., Ljubljana, ENOI Power SA, Lugano (Switzerland) and Trailstone GmbH, Berlin, have been admitted on the EEX Derivatives Market. Fortum Power and Heat Oy, Espoo (Finland) became a new "Auction only“ participant. Tauron Polska Energia S.A., Katowice, was admitted on the Natural Gas Spot and Derivatives Market while Clean Energy Trading Limited, Leeds, was admitted on the Power and Emissions Derivatives Market.
The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and related products on which power, natural gas, CO2 emission allowances, coal and guarantees of origin are traded. Clearing and settlement of all trading transactions are provided by the clearing house European Commodity Clearing AG (ECC). EEX is a member of Eurex Group.
