In January 2017, a total volume of 43 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (January 2016: 49.3 TWh).
Day-Ahead markets
In January 2017, power trading on the Day-Ahead markets on EPEX SPOT accounted for 37,097,360 MWh (January 2016: 43,965,077 MWh). A record of 247,867 MWh was registered for the UK half-hour auction.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 6% of the time (January 2016: 37%).
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 5,936,012 MWh was traded in January 2017 (January 2016: 5,348,188 MWh). The Belgian and French Intraday markets have reached an all-time high of 87,654 MW for Belgium and 417,594 MWh for France. Record volumes were also registered on the Austrian and German continuous market, with 3,667,717 MWh traded.
In January, cross-border trades represented 15% of the total continuous intraday volume in Germany, France, Netherlands, Belgium, Austria and Switzerland. 15-minute contracts represented 9% of the volume traded on the German, Austrian and Swiss continuous intraday markets.
New members
In January, EPEX SPOT welcomed OAK Capital LLP as new member to the exchange. Four members extended their activities to new market segments.
Four existing members extended their activities to new market segments: Sev.en EC a.s. joined the Austrian Intraday market, Energie E&E B.V. as well as Northpool B.V. joined the Belgian and Dutch Day-ahead and Intraday markets. Next Kraftwerke GmbH extended their activities to the Belgian and Swiss Day-ahead and Intraday markets.
Please find further details on the volumes and prices below:
Volumes
|
Power Spot Volumes |
Monthly |
Monthly |
|
Total |
43,033,372 |
49,313,265 |
|
Day-Ahead |
37,097,360 |
43,965,077 |
|
Day-Ahead DE/AT/LU |
17,832,736 |
21,086,209 |
|
Day-Ahead FR |
8,089,423 |
10,231,745 |
|
Day-Ahead UK total - Day-Ahead Auction UK - Half-Hour 15:30 auction UK |
4,407,966 4,160,099 247,867 |
5,369,219 5,153,435 215,784 |
|
Day-Ahead NL |
3,119,934 |
3,816,073 |
|
Day-Ahead BE |
1,777,986 |
1,602,525 |
|
Day-Ahead CH |
1,869,315 |
1,859,306 |
|
Intraday |
5,936,012 |
5,348,188 |
|
Intraday DE/AT total - hourly continuous DE - 15-min continuous - 15-min call auction DE - hourly continuous AT - 15-min continuous AT |
4,018,106 3,122,508 345,272 350,389 186,475 13,462 |
3,487,915 2,729,584 277,151 329,653 143,575 7,952 |
|
Intraday FR |
417,594 |
319,772 |
|
Continuous UK |
1,178,241 |
1,315,890 |
|
Intraday NL |
69,732 |
97,242 |
|
Intraday BE |
87,654 |
60,712 |
|
Intraday CH total - hourly continuous - 15-min continuous |
164,685 163,383 1,302 |
66,657 65,958 699 |
Prices and Indices
|
|
Price – monthly average |
|
Day-Ahead DE/AT – PHELIX |
€52.37 / €72.63 |
|
Day-Ahead FR |
€78.00 / €96.12 |
|
Day-Ahead UK |
£52.86/ £61.14 |
|
Day-Ahead UK Half-Hour |
£51.98 / £59.39 |
|
Day-Ahead NL |
€50.77 / €67.91 |
|
Day-Ahead BE |
€72.65 / €94.81 |
|
Day-Ahead CH – SWISSIX |
€76.87 / €94.19 |
|
European Electricity Index – ELIX |
€66.65 / €88.38** |
|
Intraday DE/AT (hourly continuous) |
€54.46 / €75.99 |
|
Intraday 15-minute call auction DE |
€53.05 / €72.77 |
|
Intraday FR |
€80.22 / €99.01 |
|
Intraday NL |
€55.54 / €72.39 |
|
Intraday BE |
€77.20 / €103.19 |
|
Intraday CH (hourly continuous) |
€83.02 / €104.74 |
* Peak excl. weekend
** calculated on the orders of DE/AT/LU, FR & CH under the assumption of unlimited transmission capacity between the markets
