Electricity Trading On EEX Successfully Launched - 12,233 Megawatt Hours Traded - 21 Market Participants From Five Countries On Board For The Launch

"Our high expectations have been surpassed," said the two EEX Board members Christian Geyer and Hans E. Schweickardt, summing up the successful launch of the European Energy Exchange on Tuesday. On the first day of trading, 12,233 megawatt hours (MWh) of electricity were traded.

Twenty-one participants from five countries traded electricity in blocks and individual hours for the next day in continuous trading and in auctions on the Xetra electronic trading system. After the close of trading, EEX reported the participants' delivery and purchase obligations to the grid operators, who then secure the orderly physical delivery of electricity for the next day.