In January 2015, the total volume in power derivatives on the European Energy Exchange (EEX) amounted to 226.5 TWh. This represents the highest volume that has been traded in this market so far and an increase of 10 percent compared to the previous record (December 2014: 205.1 TWh). Compared to the previous year, the volume has almost doubled (January 2014: 116.2 TWh).
New records were also achieved in the individual markets: In January, EEX recorded all-time highs on the German Phelix Market (171.5 TWh) as well as in Italian (27.9 TWh) and French Power Futures (20.6 TWh).
In December, 109.6 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 32.14 per MWh on 30 January 2015. The peak load price for 2016 in the Phelix Future product was quoted at EUR 40.73 per MWh.
On the Derivatives Market for Guarantees of Origin (GoO), a volume of 20,000 GoOs was traded in January (January 2014: 50,000 GoOs).
Emission Allowances
On the EEX Market for Emission Allowances, a total volume of 49.4 million tonnes of CO2 was traded in January, compared with 74.7 million tonnes of CO2 in January 2014. During the month, Primary Market Auctions contributed 47.8 million tonnes of CO2 to the total volume.
In January, the monthly average of the ECarbix (European Carbon Index) amounted to EUR 6.91 per EUA. On the EUA Derivatives Market, the daily settlement price in the Dec-2015 contract varied between EUR 6.80 per EUA and EUR 7.41 per EUA.
New Participants
In December, EEX admitted OET – United Energy Traders Ltd., Sofia as new trading particpant. Furthermore, DufEnergy Trading SA, Lugano, Macquarie Bank Limited, London and Dynamic Energy ApS, Aarhus (Denmark) were admitted for Trade Registration of Greek Power Futures which EEX has offered since December 2014.
Details on the volumes are available in the enclosed monthly report.
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 commodities products. At EEX, contracts on Power, Coal and Emission
Allowances as well as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX, EPEX SPOT, Powernext, Cleartrade Exchange (CLTX) and Gaspoint Nordic are also part of EEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC).
Monthly Figures Report for January 2015
Power
|
|
January 2015 |
January 2014 |
|
Total trading volume |
226,514,061 |
116,242,618 |
|
Phelix Futures |
171,464,622 |
112,530,572 |
|
French Futures |
20,577,123 |
2,624,891 |
|
Italian Futures |
27,894,981 |
773,720 |
|
Dutch Futures |
34,430 |
80,275 |
|
Spanish Futures |
247,175 |
- |
|
Swiss Futures |
99,610 |
0 |
|
Romanian Futures |
0 |
47,160 |
|
Greek Futures |
23,520 |
- |
|
Phelix Options |
6,172,600 |
186,000 |
Emission Allowances
|
Total trading volume |
49,358,000 |
74,744,500 |
|
EUA Spot Market - Secondary Market: |
45,505,000 |
73,892,500 |
|
EUAA Spot Market (Primary Market Auctions) |
2,988,000 |
0 |
|
CER Spot Market |
36,000 |
2,000 |
|
EUA Derivatives Market |
829,000 |
850.000 |
