In February 2017, a total volume of 41.2 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (February 2016: 47.7 TWh).
Day-Ahead markets
In February 2017, power trading on the Day-Ahead markets on EPEX SPOT accounted for 35,610,531 MWh (February 2016: 42,671,968 MWh). The traded volumes on the UK half-hour auction topped last month’s record and reached 266,201 MWh.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 22% of the time (February 2016: 37%).
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 5,563,563 MWh was traded in February 2017 (February 2016: 5,020,945 MWh).
In February, cross-border trades represented 15.2% of the total continuous intraday volume in Germany, France, Netherlands, Belgium, Austria and Switzerland. 15-minute contracts represented 10,6% of the volume traded on the German, Austrian and Swiss continuous intraday markets.
More details on volumes and prices are available below.
New members
In February, EPEX SPOT welcomed Brookfield Renewable Supply 2 Ltd. as new member to the exchange.
Two existing members extended their activities to new market segments: Vattenfall Energy Trading GmbH joined the Dutch Intraday market and PGE Trading GmbH joined the German Intraday market.
EPEX SPOT – Monthly Figures Report for February 2017
Volumes
Power Spot Volumes |
Monthly volume MWh |
Monthly volume – previous year MWh |
Total |
41,174,094 |
47,692,913 |
Day-Ahead |
35,610,531 |
42,671,968 |
Day-Ahead DE/AT/LU |
18,863,164 |
21,353,414 |
Day-Ahead FR |
7,308,355 |
8,895,010 |
Day-Ahead UK total |
3,853,228 |
5,587,604 |
- Day-Ahead auction |
3,587,027 |
5,373,509 |
- Half-Hour 15:30 auction |
266,201 |
214,095 |
Day-Ahead NL |
2,585,280 |
3,364,466 |
Day-Ahead BE |
1,382,117 |
1,695,827 |
Day-Ahead CH |
1,618,387 |
1,775,647 |
Intraday |
5,563,563 |
5,020,945 |
Intraday DE/AT total |
3,768,570 |
3,365,788 |
- hourly continuous DE |
2,884,785 |
2,606,845 |
- 15-min continuous DE |
361,263 |
256,493 |
- 15-min call auction DE |
348,001 |
347,764 |
- hourly continuous AT |
162,159 |
147,289 |
- 15-min continuous AT |
12,362 |
7,397 |
Intraday FR |
333,442 |
279,783 |
Continuous UK |
1,203,988 |
1,214,103 |
Intraday NL |
89,224 |
57,241 |
Intraday BE |
65,659 |
35,395 |
Intraday CH total |
102,680 |
68,635 |
- hourly continuous |
101,595 |
67,686 |
- 15-min continuous |
1,085 |
949 |
Prices and Indices
|
Price – monthly average Price/MWh |
Day-Ahead DE/AT/LU – PHELIX |
€39.70 / €50.00 |
Day-Ahead FR |
€51.16 / €59.96 |
Day-Ahead UK |
£49.19 / £54.05 |
Day-Ahead UK Half-Hour |
£48.52 / £53.59 |
Day-Ahead NL |
€43.06 / €51.73 |
Day-Ahead BE |
€47.57 / €57.00 |
Day-Ahead CH – SWISSIX |
€55.18 / €65.04 |
European Electricity Index – ELIX |
€42.63 / €53.48** |
Intraday DE/AT (hourly continuous) |
€38.56 / €47.18 |
Intraday 15-minute call auction DE |
€40.05 / €50.49 |
Intraday FR |
€51.47 / €58.92 |
Intraday NL |
€44.18 / €51.33 |
Intraday BE |
€47.90 / €55.62 |
Intraday CH |
€55.30 / €64.62 |
* Peak excl. weekend
** Calculated on the orders of DE/AT/LU, FR & CH under the assumption of unlimited transmission capacity between the markets