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EPEX SPOT Power Trading Results Of July 2016: Volume In Flexibility Contracts Grows Across Central Western Europe

Date 01/08/2016

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
volume


MWh

Monthly
volume –
previous year

MWh

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
(Base / Peak**)

Price/MWh

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.