In June 2017, a total volume of 43.0 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (June 2016: 42.9 TWh).
Day-Ahead markets
In June 2017, power trading on the Day-Ahead markets on EPEX SPOT accounted for 37,469,593 MWh (June 2016: 38,099,953 MWh). The German-Austrian-Luxembourgian Day-ahead market recorded a 5.1% growth, while the Day-ahead market in the UK grew by 25.3% year-on-year.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 56% of the time (June 2016: 41%).
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 5,517,233 MWh was traded in June 2017 (June 2016: 4,777,424 MWh). Thirteen out of fourteen Intraday segments have recorded a year-on-year growth in June 2017.
In June, cross-border trades represented 26.7% of the total continuous intraday volume in Germany, France, Netherlands, Belgium, Austria and Switzerland. 15-minute contracts represented 10.8% of the volume traded on the German, Austrian and Swiss continuous Intraday markets.
New members
In June, EPEX SPOT welcomed Energy Global Handel B.V. And EP Commodities a.s. as new members to the exchange. The existing members Eneco Energy trade BV, GETEC Energie AG, BP Gas Marketing Limited and Erova Energy Limited extended their portfolio to additional market segments.
Please find further details on the volumes and prices below:
Volumes
|
Power Spot Volumes |
Monthly |
Monthly |
|
Total |
42,986,826 |
42,877,377 |
|
Day-Ahead |
37,469,593 |
38,099,953 |
|
Day-Ahead DE/AT/LU |
19,171,305 |
18,244,602 |
|
Day-Ahead FR |
8,659,502 |
10,205,288 |
|
Day-Ahead CH |
1,931,623 |
2,227,400 |
|
Day-Ahead UK total - Day-Ahead Auction UK - Half-Hour 15:30 auction UK |
3,680,988 3,432,597 248,391 |
2,937,619 2,738,905 198,714 |
|
Day-Ahead NL |
2,801,224 |
2,915,654 |
|
Day-Ahead BE |
1,224,951 |
1,569,390 |
|
Intraday |
5,517,233 |
4,777,424 |
|
Intraday DE/AT total - hourly continuous DE - 30-min continuous DE - 15-min continuous - 15-min call auction DE - hourly continuous AT - 15-min continuous AT |
3,562,887 2,572,721 6,346 371,724 435,337 152,083 24,676 |
3,121,196 2,299,265 0* 294,305 384,886 133,271 9,469 |
|
Intraday FR - hourly continuous FR - 30-min continuous FR |
324,692 313,451 11,241 |
363,528 363,528 0* |
|
Intraday CH total - hourly continuous - 30-min continuous - 15-min continuous |
190,595 180,301 101 10,193 |
188,487 179,404 0* 9,083 |
|
Intraday UK |
1,166,989 |
936,814 |
|
Intraday NL |
155,592 |
76,669 |
|
Intraday BE |
102,176 |
66,546 |
|
OTC Registration |
14,302 |
24,184 |
*segment launched in March 2017
Prices and Indices
|
|
Price – monthly average |
|
Day-Ahead DE/AT – PHELIX |
€30.00/ €33.16 |
|
Day-Ahead FR |
€32.70/ €38.48 |
|
Day-Ahead CH – SWISSIX |
€32.12/ €36.92 |
|
Day-Ahead UK |
£37.88/ £42.67 |
|
Day-Ahead UK Half-Hour |
£37.44/ £42.13 |
|
Day-Ahead NL |
€33.24/ €37.47 |
|
Day-Ahead BE |
€32.66/ €37.99 |
|
European Electricity Index – ELIX*** |
€26.50/ €30.76 |
|
Intraday DE/AT (hourly continuous) |
€29.79/ €32.63 |
|
Intraday 30-minute continuous DE |
€30.20/ €33.08 |
|
Intraday 15-minute continuous DE |
€29.76/ €32.17 |
|
Intraday 15-minute call auction DE |
€30.00/ €33.37 |
|
Intraday FR (hourly continuous) |
€33.43/ €39.35 |
|
Intraday 30-minute continuous FR |
€32.33/ €37.60 |
|
Intraday CH (hourly continuous) |
€31.82/ €36.37 |
|
Intraday 30-minute continuous CH |
€31.80/ €36.37 |
|
Intraday NL |
€33.17/ €38.11 |
|
Intraday BE |
€33.05/ €38.39 |
** 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 2016, its 278 members traded 529 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.
