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In June 2016, a total volume of 43 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (June 2015: 45.7 TWh).
The French Day-Ahead and Intraday markets saw strong results with over 10 TWh traded on the Day-Ahead and a new all-time high on the Intraday. This is in line with the overall development of this market over the past year.
Day-Ahead markets
In June 2016, power trading on the Day-Ahead markets on EPEX SPOT (including APX) accounted for a total of 38,099,953 MWh (June 2015: 40,961,553 MWh).
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 41% of the time (June 2015: 26%).
Intraday markets
On the EPEX SPOT Intraday markets (including APX), a total volume of 4,877,706 MWh was traded in June 2016 (June 2015: 4,767,996 MWh).
In June, cross-border trades represented 26% 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.
More details on volumes and prices are available in the enclosed report on pages 3 and 4.
New members
In June, EPEX SPOT welcomed new members to the exchange. Pont sur Sambre Power SAS and BCM Energy SAS both joined French Day-Ahead and Intraday markets in June.
Please find further details on the volumes and prices below:
Volumes
| Power Spot Volumes | Monthly volume MWh | Monthly volume – previous year MWh |
|---|---|---|
| Total | 42,977,659 | 45,729,549 |
| Day-Ahead | 38,099,953 | 40,961,553 |
| Day-Ahead DE/AT/LU | 18,244,601 | 20,614,243 |
| Day-Ahead FR | 10,205,288 | 8,709,141 |
|
Day-Ahead UK total - Day-Ahead Auction UK - Half-Hour 15:30 auction UK |
2,937,620 2,738,906 198,714 |
4,041,824 3,922,858 118,966 |
| Day-Ahead NL | 2,915,654 | 3,751,159 |
| Day-Ahead BE | 1,569,390 | 1,840,962 |
| Day-Ahead CH | 2,227,400 | 2,004,224 |
| Intraday | 4,877,706 | 4,767,996 |
|
Intraday DE/AT total - hourly continuous DE - 15-min continuous DE - 15-min call auction DE - hourly continuous AT - 15-min continuous AT |
3,124,304 2,301,830 294,501 384,886 133,618 9,469 |
3,011,931 2,300,456 312,709 346,451 52,315 0* |
| Intraday FR | 381,493 | 345,067 |
| Continuous UK | 936,814 | 1,153,493 |
| Intraday NL | 130,418 | 72,075 |
| Intraday BE | 116,190 | 57,655 |
|
Intraday CH total - hourly continuous - 15-min continuous |
188,487 179,404 9,083 |
127,775 121,293 6,482 |
* Segment launched in October 2015
Prices and Indices
| Price – monthly average (Base / Peak**) Price/MWh |
|
|---|---|
| Day-Ahead DE/AT – PHELIX | €27.69 / €32.13 |
| Day-Ahead FR | €28.01 / €34.11 |
| Day-Ahead UK | £37.30 / £42.66 |
| Day-Ahead UK Half-Hour | £37.17 / £42.51 |
| Day-Ahead NL | €32.59 / €40.15 |
| Day-Ahead BE | €30.69 / €39.11 |
| Day-Ahead CH – SWISSIX | €27.73 / €32.79 |
| European Electricity Index – ELIX | €23.81 / €29.32*** |
| Intraday DE/AT (hourly continuous) | €27.79 / €32.65 |
| Intraday 15-minute call auction DE | €27.94 / €31.85 |
| Intraday FR | €28.93 / €36.10 |
| Intraday NL | €34.23 / €43.18 |
| Intraday BE | €33.65 / €42.82 |
| Intraday CH (hourly continuous) | €28.06 / €33.22 |
** Peak excl. weekend
*** calculated on the orders of DE/AT, 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 these eight countries. 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.
