In September 2014, a total volume of 29.9 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (September 2013: 26.0 TWh). This is a year-on-year increase of 15%. The total volume on the Intraday markets operated by EPEX SPOT grew 46% compared to September 2013 and reached a new all-time high, beating the last record from May 2014 by 18,884 MWh. All other segments also showed strong results, reflecting the liquidity of the markets.
Day-Ahead markets
In September 2014, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 27,288,905 MWh (September 2013: 24,196,474 MWh) and can be broken down as follows:
|
Areas |
Monthly volume MWh |
Monthly volume – previous year MWh |
Price – monthly average Euro/MWh |
|
|
DE/AT |
20,246,063 |
18,649,183 |
34.79 / 41.18 |
|
|
FR |
5,267,109 |
4,160,443 |
37.22 / 45.95 |
|
|
CH |
1,775,733 |
1,386,848 |
36.16 / 44.39 |
|
|
ELIX – European Electricity Index |
33.15 / 41.13 |
|||
* Peak excl. weekend
Prices within the German and the French market, both coupled within the Multi-Regional Coupling, converged 65% of the time.
Intraday markets
On the EPEX SPOT Intraday markets , a total volume of 2,635,849 MWh was traded in September 2014 (September 2013: 1,804,450 MWh).
|
Areas |
Monthly volume MWh |
Monthly volume – previous year MWh |
|
DE/AT |
2,297,193 |
1,551,826 |
|
FR |
247,411 |
179,451 |
|
CH |
91,245 |
73,173 |
In September, cross-border trades represented 18.9% of the total Intraday volume. The volume in 15-minute contracts reached 477,315 MWh. In September, they represented 20.4% – more than one fifth – 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. 278 TWh were traded on EPEX SPOT’s power markets in the first nine months of 2014.
