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EEX Trading Volumes In December - Record Volume On The Power Derivatives Market – More Than 200 Twh Traded For The First Time – Trade Registration For Greek Power Futures Launched Successfully

Date 02/01/2015

In December 2014, the European Energy Exchange (EEX) recorded a new monthly record on the Power Derivatives Market with a volume of 205.1 TWh. For the first time, more than 200 TWh were traded in this market. Compared to the previous year, the volume has almost doubled (December 2013: 103.3 TWh). The previous record (177.9 TWh in September 2013) was exceeded by 15 percent.

EEX recorded new record volumes also in Italian Power Futures. At 25.5 TWh, the highest volume since the launch of this market was achieved (previous record: 13.8 TWh in November 2014). On the Phelix Futures market, EEX reached the highest volume traded in 2014 at 158.2 TWh. Compared to the previous year, volumes in French Power Futures amounted to 17.4 TWh and therefore increased tenfold against the previous year (December 2013: 1.3 TWh).

On 1 December, EEX extended its Trade Registration offering with Greek Power Futures. In December, 19.7 GWh were registered in the new product.

In December, 102.1 TWh were registered at EEX for clearing. Clearing and settlement of all transactions was executed by European Commodity Clearing (ECC).

The base load price for the year 2016 in the Phelix Future product (market area Germany/Austria) was quoted at EUR 32.87 per MWh on 30 December 2014. The peak load price for 2016 in the Phelix Future product was quoted at EUR 41.92 per MWh.

Emission Allowances

On the EEX Market for Emission Allowances, a total volume of 22.8 million tonnes of CO 2  was traded in December, compared with 52.2 million tonnes of CO2 in December 2013. During the month, Primary Market Auctions contributed 19.5 million t onnes of CO2 to the total volume.

In December, the monthly average of the ECarbix (European Carbon Index) amounted to EUR 6.88 per EUA. On the EUA Derivatives Market, the daily settlement price in the Dec-2014 contract varied between EUR 6.51 per EUA and EUR 7.05 per EUA.

New Participants

In December, EEX admitted FENIE ENERGIA, S.A., Madrid, Electroroute Energy Trading Limited, Letterkenny Co. Donegal (Ireland) and Novatek Gas & Power GmbH, Zug (Switzerland) as new trading participants.

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. In the context of its majority shareholding in Cleartrade Exchange (CLTX), EEX additionally offers the markets for freight, iron ore, fuel oil and fertiliser. Clearing and settlement of all trading transactions are provided by the clearing house European Commodity Clearing (ECC). EEX is a member of Eurex Group.

Monthly Figures Report for December 2014

Power

  December 2014
Vol. in MWh
December 2013
Vol. in MWh
Total trading volume 205,124,080 103,281,744
Phelix Futures 158,198,474 99,642,765
French Futures 17,387,665 1,264,079
Italian Futures 25,453,243 801,984
Dutch Futures 183,960 0
Spanish Futures (Trade Registration) 122,015 -
Swiss Futures (Trade Registration) 249,000 -
Greek Futures (Trade Registration) 19,723 -
Phelix Options 3,510,000 2,374,900

Emission Allowacnes

  December 2014
Vol./tCO2
December 2013
Vol./tCO2
Total trading volume 22,810,000 52,205,500
EUA Spot Market
- Primary Market Auctions
- Secondary Market
20,711,000
19,526,000
1,185,000
49,671,500
46,768,500
2,903,000
CER Spot Market 83,000 0
EUA Derivatives Market 2,016,000 2,464,000
CER Derivatives Market 0 70,000