EEX Trading Results In October: Record Volumes In UK Power Futures

In October 2019, the European Energy Exchange (EEX) increased volumes on its power derivatives market by 5% to 356.0 TWh (October 2018: 339.3 TWh). Volumes in UK Power Futures more than doubled year-on-year to 296,110 MWh and, as a result, achieved a new monthly record (October 2018: 125,070 MWh). Clear double-digit growth was achieved in power futures for Central-/South-Eastern Europe (17.3 TWh, +55%), Spain (12.5 TWh, +38%) and Germany (236.5 TWh, +16%).

Emission Allowances

In the EEX emissions trading market, the volume amounted to 111.3 million tonnes of CO₂ in October (October 2018: 241.5 million tonnes of CO₂). The primary market auctions contributed 60.0 million tonnes of CO₂ to the total volume. In the secondary market, the volume amounted to 51.3 million tonnes of CO₂ (October 2018: 153.9 million tonnes of CO₂).

Agricultural Products

In October, the volume in agricultural products increased by 19% to 4,620 contracts (October 2018: 3,888 contracts). The volume in processing potatoes increased to 2,781 contracts (equal to 69,525 tonnes of goods equivalent). The derivatives market for dairy products reached a volume of 1,839 contracts (equal to 9,195 tonnes of goods equivalent).

Freight

EEX trading volumes in freight reached 6,695 lots traded in October (October 2018: 6,750 lots). The total volume comprises 5,165 lots traded in Freight Futures and 1,530 lots traded in Freight Options.

The European Energy Exchange (EEX) is the leading energy exchange in Europe which develops, operates and connects secure, liquid and transparent markets for energy and related products. As part of EEX Group, a group of companies serving international commodity markets, EEX offers contracts on Power and Emission Allowances as well as Freight and Agricultural Products. EEX is part of Deutsche Börse Group.