In October 2012, a total volume of 29.3 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (October 2011: 27.3 TWh).
During the same period, the volume in power derivatives trading on EEX Power Derivatives amounted to 66.6 TWh (October 2011: 74.0 TWh).
Power spot markets in detail:
In October 2012, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 27,739,571 MWh (October 2011: 25,627,640 MWh) and can be broken down as follows:
Areas | Monthly volume MWh | Monthly volume –previous year MWh | Price – monthly average (Base / Peak*) Euro/MWh |
DE/AT | 20,776,386 | 19,358,651 | 43.92 / 53.76 |
FR | 5,543,422 | 5,188,645 | 49.224 / 60.763 |
CH | 1,419,763 | 1,080,344 | 53.43 / 63.60 |
ELIX – European Electricity Index | 44.17 / 55.92 |
* Peak excl. weekend
Prices within the French and the German market, both coupled with Belgium and the Netherlands within the market coupling initiative in Central Western Europe (CWE), converged 52 % of the time.
On the EPEX SPOT Intraday market, a total volume of 1,565,231 MWh was traded in October 2012 (October 2011: 1,680,637 MWh):
Areas | Monthly volume MWh | Monthly volume – previous year MWh |
DE/AT | 1,314,136 | 1,510,952 |
FR | 251,095 | 169,685 |
In October, cross-border trades represented 14.5 % of the total Intraday volume. Volume in 15-Minute contracts amounted to 122,249 MWh. In October, they represented 9.4 % of the volume traded on the German Intraday market.
Power derivatives markets in detail:
The volume in power derivatives trading on EEX Power Derivatives amounted to 66.6 TWh in October (October 2011: 74.0 TWh) and can be broken down as follows:
Products | Monthly volume MWh | Monthly volume – previous year MWh | Settlement price on 31/10/2012 for the Year Future (Base / Peak) Euro/MWh |
Phelix Futures | 64,192,780 | 69,747,538 | 46.85 / 58.00 |
French Futures | 1,552,783 | 3,392,510 | 49.30 / 62.75 |
Phelix Options | 876,000 | 807,600 |
In October, the total derivatives trading volume comprised 31.2 TWh from OTC clearing. On 31 October 2012, the open interest amounted to 466.4 TWh.