.jpg)
In March 2017, a total volume of 47.9 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (March 2016: 48.0 TWh).
Day-Ahead markets
In March 2017, power trading on the Day-Ahead markets on EPEX SPOT accounted for 41,759,248 MWh (March 2016: 43,004,541 MWh). The traded volumes on the UK half-hour auction topped last month’s record and reached 273,350 MWh.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 46% of the time (March 2016: 44%).
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 6,157,854 MWh was traded in March 2017 (March 2016: 5,045,399 MWh). Five markets have reached new records in Intraday trading: The German and Austrian continuous market, the German 15-minutes auction as well as the Belgian and Dutch Intraday markets.
In February, cross-border trades represented 20.8% of the total continuous intraday volume in Germany, France, Netherlands, Belgium, Austria and Switzerland. 15-minute contracts represented 11.2% of the volume traded on the German, Austrian and Swiss continuous intraday markets.
On 28 March 2017, EPEX SPOT successfully introduced 30-minute continuous Intraday trading in France, Germany and Switzerland, with 540 MWh, 1,191 MWh and 68,3 MWh traded respectively during the last 4 days of March 2017.
New members
In March, EPEX SPOT welcomed E.ON Energie Deutschland GmbH as new member to the exchange.
Please find further details on the volumes and prices below:
Volumes
| Power Spot Volumes | Monthly volume MWh | Monthly volume – previous year MWh |
|---|---|---|
| Total | 47,917,102 | 48,049,940 |
| Day-Ahead | 41,759,248 | 43,004,541 |
| Day-Ahead DE/AT/LU | 21,702,086 | 19,993,017 |
| Day-Ahead FR | 9,804,635 | 9,837,356 |
|
Day-Ahead UK total - Day-Ahead Auction UK - Half-Hour 15:30 auction UK |
4,019,616 3,746,266 273,350 |
6,376,248 6,165,284 210,964 |
| Day-Ahead NL | 2,667,921 | 3,191,626 |
| Day-Ahead BE | 1,526,681 | 1,623,111 |
| Day-Ahead CH | 2,038,309 | 1,983,183 |
| Intraday | 6,157,854 | 5,045,399 |
|
Intraday DE/AT total - Continuous DE - OTC Registration DE - 15-min call auction DE - Continuous AT - OTC Registration AT |
4,263,929 3,598,481 4,765 432,026 228,657 0 |
3,221,946 2,663,896 3,925 397,608 156,184 333 |
|
Intraday FR total - Continuous FR - OTC Registration FR |
278,167 276,404 1,763 |
308,790 291,639 17,151 |
|
Intraday UK total - Continuous UK - OTC Registration UK |
1,233,321 1,233,321 0 |
1,286,048 1,266,142 19,906 |
|
Intraday NL total - Continuous NL - OTC Registration NL |
133,869 133,869 0 |
69,062 69,062 0 |
|
Intraday BE total - Continuous BE - OTC Registration BE |
89,345 89,345 0 |
35,629 35,629 0 |
|
Intraday CH total - Continuous CH - OTC Registration CH |
159,223 158,848 375 |
123,924 123,924 0 |
Prices and Indices
| Price – monthly average (Base / Peak*) Price/MWh |
|
|---|---|
| Day-Ahead DE/AT – PHELIX | €31.70 / €37.18 |
| Day-Ahead FR | €35.42 / €41.39 |
| Day-Ahead UK | £41.92/ £44.74 |
| Day-Ahead UK Half-Hour | £41.76 / £44.14 |
| Day-Ahead NL | €34.53 / €38.35 |
| Day-Ahead BE | €34.47 / €39.58 |
| Day-Ahead CH – SWISSIX | €36.91 / €43.66 |
| European Electricity Index – ELIX | €28.85 / €35.82** |
| Intraday DE/AT (hourly continuous) | €31.43 / €37.24 |
| Intraday DE/AT (15-min continuous) | €30.68 / €37.09 |
| Intraday 15-minute call auction DE | €30.82 / €36.65 |
| Intraday FR | €35.51 / €41.57 |
| Intraday NL | €34.04 / €37.86 |
| Intraday BE | €34.71 / €39.95 |
| Intraday CH (hourly continuous) | €37.06 / €43.89 |
* 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.
