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In May 2016, a total volume of 46.1 TWh was traded on EPEX SPOT Day-Ahead and Intraday power markets (May 2015: 48.3 TWh).
Day-Ahead markets
In May 2016, power trading on the Day-Ahead markets on EPEX SPOT (including APX) accounted for a total of 40,732,895 MWh (May 2015: 43,042,536 MWh).
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 48% of the time (May 2015: 16%).
Intraday markets
On the EPEX SPOT Intraday markets (including APX), a total volume of 5,398,668 MWh was traded in May 2016 (May 2015: 5,233,811 MWh).
The Intraday markets in Switzerland and Austria as well as the German Intraday auction for 15-minute contracts reached new all-time highs. These results underline the overall development towards more flexible, short-term power trading.
In May, 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.
New members
In May, EPEX SPOT welcomed GFP Trading Limited as a new member to the Power UK market.
Please find further details on the volumes and prices below:
Volumes
| Power Spot Volumes | Monthly volume MWh | Monthly volume – previous year MWh |
|---|---|---|
| Total | 46,131,563 | 48,276,347 |
| Day-Ahead | 40,732,895 | 43,042,536 |
| Day-Ahead DE/AT/LU | 21,117,675 | 22,502,677 |
| Day-Ahead FR | 10,147,722 | 8,823,616 |
|
Day-Ahead UK total - Day-Ahead Auction UK - Half-Hour 15:30 auction UK |
2,980,925 2,767,746 213,179 |
4,092,246 3,985,872 106,374 |
| Day-Ahead NL | 2,882,725 | 3,495,795 |
| Day-Ahead BE | 1,538,147 | 1,822,341 |
| Day-Ahead CH | 2,065,701 | 2,305,861 |
| Intraday | 5,398,668 | 5,233,811 |
|
Intraday DE/AT total - hourly continuous DE - 15-min continuous DE - 15-min call auction DE - hourly continuous AT - 15-min continuous AT |
3,577,944 2,614,144 335,181 424,959 193,766 9,894 |
3,355,212 2,583,079 371,936 348,297 51,900 0* |
| Intraday FR | 333,933 | 265,642 |
| Continuous UK | 1,118,309 | 1,298,295 |
| Intraday NL | 107,485 | 98,572 |
| Intraday BE | 63,841 | 90,881 |
|
Intraday CH total - hourly continuous - 15-min continuous |
197,156 189,862 7,294 |
125,209 118,854 6,355 |
* Segment launched in October 2015
Prices and Indices
| Price – monthly average (Base / Peak**) Price/MWh |
|
|---|---|
| Day-Ahead DE/AT – PHELIX | €22.54 / €28.88 |
| Day-Ahead FR | €24.27 / €30.68 |
| Day-Ahead UK | £34.40 / £39.27 |
| Day-Ahead UK Half-Hour | £33.70 / £38.14 |
| Day-Ahead NL | €27.19 / €32.18 |
| Day-Ahead BE | €25.37 / €32.01 |
| Day-Ahead CH – SWISSIX | €23.67 / €30.03 |
| European Electricity Index – ELIX | €18.56 / €26.35*** |
| Intraday DE/AT (hourly continuous) | €23.02 / €29.17 |
| Intraday 15-minute call auction DE | €22.51 / €28.23 |
| Intraday FR | €24.81 / €31.09 |
| Intraday NL | €27.72 / €31.72 |
| Intraday BE | €26.93 / €31.41 |
| Intraday CH (hourly continuous) | €24.18 / €30.52 |
** 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.
