In July 2016, a total volume of 43.8 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (July 2015: 48.6 TWh).
Trading volumes in 15- and 30-minute contracts grew in July across all markets, underlining the market’s need for flexible power trading solutions.
Day-Ahead markets
In July 2016, power trading on the Day-Ahead markets on EPEX SPOT (including APX) accounted for a total of 38,593,473 MWh (July 2015: 43,218,958 MWh).
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 42% of the time (July 2015: 44%).
Intraday markets
On the EPEX SPOT Intraday markets (including APX), a total volume of 5,255,478 MWh was traded in July 2016 (July 2015: 5,342,822 MWh).
In July, 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 July, EPEX SPOT welcomed one new member to the exchange. ES FOR IN SE joined German Day-Ahead and Intraday markets in July.
Please find further details on the volumes and prices below:
Volumes
Power Spot Volumes |
Monthly |
Monthly |
Total |
43,848,951 |
48,561,780 |
Day-Ahead |
38,593,473 |
43,218,958 |
Day-Ahead DE/AT/LU |
19,618,329 |
21,965,470 |
Day-Ahead FR |
9,685,557 |
8,863,643 |
Day-Ahead UK total - Day-Ahead Auction UK - Half-Hour 15:30 auction UK |
3,038,050 2,822,980 215,070 |
4,181,789 4,039,696 142,093 |
Day-Ahead NL |
2,853,443 |
3,935,421 |
Day-Ahead BE |
1,199,181 |
2,226,381 |
Day-Ahead CH |
2,198,913 |
2,046,254 |
Intraday |
5,255,478 |
5,342,822 |
Intraday DE/AT total - hourly continuous DE - 15-min continuous DE - 15-min call auction DE - hourly continuous AT - 15-min continuous AT |
3,427,786 2,567,242 321,541 396,771 131,291 10,942 |
3,581,838 2,814,272 319,804 369,775 77,987 0* |
Intraday FR |
347,638 |
346,535 |
Continuous UK |
1,066,787 |
1,142,689 |
Intraday NL |
141,804 |
60,502 |
Intraday BE |
108,277 |
46,155 |
Intraday CH total - hourly continuous - 15-min continuous |
163,186 155,468 7,717 |
165,103 157,490 7,613 |
* Segment launched in October 2015
Prices and Indices
|
Price – monthly average |
Day-Ahead DE/AT – PHELIX |
€27.19 / €30.84 |
Day-Ahead FR |
€30.11 / €36.48 |
Day-Ahead UK |
£37.53 / £42.26 |
Day-Ahead UK Half-Hour |
£36.98 / £42.06 |
Day-Ahead NL |
€33.08 / €41.16 |
Day-Ahead BE |
€31.33 / €38.12 |
Day-Ahead CH – SWISSIX |
€28.17 / €32.63 |
European Electricity Index – ELIX |
€24.86 / €29.58*** |
Intraday DE/AT (hourly continuous) |
€27.75 / €31.29 |
Intraday 15-minute call auction DE |
€27.25 / €30.75 |
Intraday FR |
€31.20 / €38.25 |
Intraday NL |
€36.33 / €48.91 |
Intraday BE |
€32.36 / €38.66 |
Intraday CH (hourly continuous) |
€28.31 / €32.25 |
** Peak excl. weekend
*** calculated on the orders of DE/AT/LU, FR & CH under the assumption of unlimited transmission capacity between the markets
The European Power Exchange EPEX SPOT SE and its affiliates operate physical short-term electricity markets in Central Western Europe and the United Kingdom. The creation of a pan-European power market is what defines EPEX SPOT’s mission. In 2015, its 280 members traded 566 TWh – a third of the domestic consumption in the eight countries covered. 49% of its equity is held by HGRT, a holding of transmission system operators. EPEX SPOT is part of EEX Group. For more information, please visit www.epexspot.com.