In November, the total trading volume on the European Energy Exchange (EEX) Natural Gas Market amounted to 7,388,020 MWh.
The Natural Gas volumes can be broken down as follows:
|
Natural Gas |
Nov 2012 Vol./MWh |
Nov 2011 Vol./MWh |
|
Total trading volume |
7,388,020 |
11,705,130 |
|
Spot Market (market areas GASPOOL, NCG and TTF) |
3,474,450 |
4,075,290 |
|
Derivatives Market (market areas GASPOOL and NCG)
thereof: OTC Clearing volume |
3,913,570
0 |
7,629,840
115.320 |
- The daily reference price on the Spot Market for Natural Gas ranged between 26.44 Euro/MWh and 28.41 Euro/MWh.
- The European Gas Index (EGIX), published by EEX, displays the current market price for natural gas deliveries in the following month. For December delivery, the EGIX Germany reference price was fixed at 27.40 Euro/MWh (EGIX GASPOOL: 27.39 Euro/MWh, EGIX NCG: 27.41 Euro/MWh).
For Emission Allowances, a total volume of 62,301,000 tonnes of CO2 was traded in November. A volume of 44,862,000 tonnes of CO2 derived from the primary market auctions. On 13 November, EEX carried out the first “Early Auction” of EU Emission Allowances (EUA) for the third trading period on behalf of the European Commission and the 24 participating Member States.
The volumes traded in Emission Allowances were composed as follows:
|
Emission Allowances |
Nov 2012 Vol./tCO2 |
Nov 2011 Vol./tCO2 |
|
Total trading volume |
62,301,000 |
9,052,500 |
|
EUA Spot Market thereof: Primary Market Auctions |
47,649,000 44,862,000 |
5,847,500 5,265,500 |
|
EUAA Spot Market thereof: Primary Market Auctions |
_ |
_ |
|
EUA Derivatives Market thereof: Primary Market Auctions |
14,448,000 0 |
3,313,000 0 |
|
CER Derivatives Market |
204,000 |
74,000 |
- In secondary trading, the daily settlement price on the EUA Phase II Spot Market ranged from EUR 5.31 per EUA to EUR 9.06 per EUA.
- On the EUA Derivatives Market, the daily settlement price in the front year contract (Dec-2012) varied between EUR 6.22 per EUA and EUR 9.08 per EUA.
New participants
In November, EEX admitted Dom Maklerski Consus S.A. and Gas Natural SDG S.A. for trading in Emission Allowances. EWE Trading GmbH was admitted on the Spot Market for Emissions Allowances and Natural Gas. Furthermore, MVM Partner Zrt. was admitted to trade on the Derivatives Market for Power and Emission Allowances.
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 and coal 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.
