In August 2016, a total volume of 41.6 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (August 2015: 44.5 TWh).
All EPEX SPOT continuous intraday markets witnessed another month of growing volumes.
Day-Ahead markets
In August 2016, power trading on the Day-Ahead markets on EPEX SPOT (including APX) accounted for a total of 36,548,111 MWh (August 2015: 40,024,897 MWh).
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 58% of the time (August 2015: 21%).
Intraday markets
On the EPEX SPOT Intraday markets (including APX), a total volume of 5,082,073 MWh was traded in August 2016 (August 2015: 4,471,629 MWh).
In August, cross-border trades represented 21% of the total continuous Intraday volume in Germany, France, Austria and Switzerland. 15-minute contracts represented 11% of the volume traded on the German, Austrian and Swiss continuous Intraday markets.
New members
In August, EPEX SPOT welcomed a new member to the exchange with Eggborough Power Ltd joining the Power UK market. Furthermore, Engelhart CTP (Switzerland) SA extended its existing membership to the French Intraday market.
Please find further details on the volumes and prices below:
Volumes
Power Spot Volumes |
Monthly |
Monthly |
Total |
41,630,184 |
44,496,526 |
Day-Ahead |
36,548,111 |
40,024,897 |
Day-Ahead DE/AT/LU |
19,069,054 |
19,879,696 |
Day-Ahead FR |
8,679,871 |
8,319,080 |
Day-Ahead UK total - Day-Ahead Auction UK - Half-Hour 15:30 auction UK |
2,947,708 2,722,538 225,170 |
4,047,612 3,892,349 155,263 |
Day-Ahead NL |
2,572,552 |
3,811,343 |
Day-Ahead BE |
1,238,739 |
2,183,986 |
Day-Ahead CH |
2,040,187 |
1,783,180 |
Intraday |
5,082,073 |
4,471,629 |
Intraday DE/AT total - hourly continuous DE - 15-min continuous DE - 15-min call auction DE - hourly continuous AT - 15-min continuous AT |
3,443,186 2,571,741 326,676 410,691 124,058 10,020 |
2,950,917 2,166,834 310,731 388,873 84,479 0* |
Intraday FR |
300,598 |
250,879 |
Continuous UK |
992,938 |
952,393 |
Intraday NL |
87,733 |
86,421 |
Intraday BE |
71,100 |
55,391 |
Intraday CH total - hourly continuous - 15-min continuous |
186,518 178,561 7,957 |
175,628 167,746 7,882 |
* Segment launched in October 2015
Prices and Indices
|
Price – monthly average |
Day-Ahead DE/AT – PHELIX |
€27.18 / €31.30 |
Day-Ahead FR |
€29.69 / €35.06 |
Day-Ahead UK |
£35.57 / £40.16 |
Day-Ahead UK Half-Hour |
£34.67 / £39.19 |
Day-Ahead NL |
€28.36 / €32.83 |
Day-Ahead BE |
€28.90 / €34.14 |
Day-Ahead CH – SWISSIX |
€29.38 / €34.38 |
European Electricity Index – ELIX |
€25.76 / €30.72*** |
Intraday DE/AT (hourly continuous) |
€26.87 / €31.66 |
Intraday 15-minute call auction DE |
€27.48 / €31.38 |
Intraday FR |
€29.69 / €35.27 |
Intraday NL |
€29.09 / €33.91 |
Intraday BE |
€28.87 / €33.19 |
Intraday CH (hourly continuous) |
€28.96 / €34.48 |
** Peak excl. weekend
*** calculated on the orders of DE/AT/LU, FR & CH under the assumption of unlimited transmission capacity between the markets