EPEX SPOT: Power Trading Results Of March 2015: A Month Of Intraday Records

In March 2015, a total volume of 36.3 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (March 2014: 33.4 TWh). All Intraday market markets showed particular strong results and displayed records across all countries and segments. At the same time, the French Day-Ahead market confirmed its strong trend with a 31% year-on-year growth in March.

Day-Ahead markets
In March 2015, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 32,581,363 MWh (March 2014: 30,995,070 MWh) and can be broken down as follows:

Day-Ahead volumes

Areas	Monthly volumes MWh	Monthly volumes – previous year MWh	Price – monthly average (Base / Peak) Euro/MWh*
DE/AT	23,456,077	23,688,599	31.34 / 37.92
FR	7,329,820	5,577,801	43.81 / 51.84
CH	1,795,466	1,728,670	44.52 / 53.95
ELIX – European Electricity Index			34.51 / 42.93

*Peak excl. weekend

Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 3,680,520 MWh was traded in March 2015 (March 2014: 2,416,409 MWh). This is a new all-time high and is an increase of 8.2% over the last record from January 2015 (3,401,766 MWh). All Intraday market segments broke previous peak values.

Intraday volumes

Areas	Monthly volumes MWh	Monthly volumes – previous year MWh
DE/AT	2,873,446	2,047,368
DE 15-min auction	335,403	0*
FR	356,207	282,832
CH	115,464	86,209

*Segment launched in December 2014

In March, cross-border trades represented 10.4% of the total continuous Intraday volume. The volume in continuously traded 15-minute contracts reached 374,862 MWh. In March, they represented 14.3% of the volume traded on the German and Swiss continuous Intraday markets.

The European Power Exchange EPEX SPOT SE operates the power spot markets for Germany, France, Austria and Switzerland (Day-Ahead and Intraday). Together these countries account for more than one third of the European power consumption. EPEX SPOT also acts as market operating service provider for the Hungarian Power Exchange HUPX and operates the coupling between the Czech, the Slovak, the Hungarian and the Romanian markets on behalf of the local Exchanges. It is a European company (Societas Europaea) based in Paris with branches in Leipzig, Bern and Vienna. Over 220 companies from Europe are active on EPEX SPOT. 382 TWh have been traded on EPEX SPOTs markets in 2014.