In October 2014, a total volume of 33.2 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (October 2013: 30.4 TWh). The French Day-Ahead market kept its positive momentum and exceeded 6 TWh of traded volume for the first time ever. Together with this month’s all-time high on the Intraday, the French power market has seen a healthy increase in liquidity in 2014.
Day-Ahead markets
In October 2014, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 30,506,671 MWh (October 2013: 28,335,139 MWh) and can be broken down as follows:
|
Areas |
Monthly volume MWh |
Monthly volume – previous year MWh |
Price – monthly average Euro/MWh |
|
|
DE/AT |
22,763,570 |
21,670,182 |
35.23 / 44.20 |
|
|
FR |
6,103,785 |
5,164,180 |
41.83 / 52.13 |
|
|
CH |
1,639,316 |
1,500,777 |
40.45 / 50.65 |
|
|
ELIX – European Electricity Index |
36.12 / 46.43 |
|||
* Peak excl. weekend
Prices within the German and the French market, both coupled within the Multi-Regional Coupling, converged 42% of the time.
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 2,682,217 MWh was traded in October 2014 (October 2013: 2,105,825 MWh).
|
Areas |
Monthly volume MWh |
Monthly volume – previous year MWh |
|
DE/AT |
2,229,652 |
1,754,547 |
|
FR |
345,217 |
267,372 |
|
CH |
107,348 |
83,906 |
In October, cross-border trades represented 17.4% of the total Intraday volume. The volume in 15-minute contracts reached 471,824 MWh. In October, they represented 20.6% of the volume traded on the German and Swiss Intraday markets.
***
The European Power Exchange EPEX SPOT SE operates the power spot markets for Germany, France, Austria and Switzerland (Day-Ahead and Intraday). Together these countries account for more than one third of the European power consumption. EPEX SPOT also acts as market operating service provider for the Hungarian Power Exchange HUPX and operates the coupling between the Czech, the Slovak, the Hungarian and soon the Romanian markets on behalf of the local Exchanges. It is a European company (Societas Europaea) based in Paris with branches in Leipzig, Bern and Vienna. Over 220 companies from Europe are active on EPEX SPOT. 311 TWh were traded on EPEX SPOT’s power markets in the first ten months of 2014.
