In November 2016, a total volume of 41,4 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (November 2015: 51,3 TWh).
Day-Ahead markets
In November 2016, power trading on the Day-Ahead markets on EPEX SPOT (including APX) accounted for a total of 36,099,229 MWh (November 2015: 46,347,393 MWh).
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 7% of the time (November 2015: 22%).
Intraday markets
On the EPEX SPOT Intraday markets (including APX), a total volume of 5,357,151 MWh was traded in November 2016 (November 2015: 4,921,418 MWh).
In November, cross-border trades represented 16% of the total continuous Intraday volume in Germany, France, Netherlands, Belgium, Austria and Switzerland. 15-minute contracts represented 9% of the volume traded on the German, Austrian and Swiss continuous Intraday markets.
New members
In November, EPEX SPOT welcomed E6 SA, Hydronext SAS and Duferco Energia SpA as new members 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 | 41,456,381 | 51,268,809 |
| Day-Ahead | 36,099,229 | 46,347,391 |
| Day-Ahead DE/AT/LU | 18,217,907 | 23,357,020 |
| Day-Ahead FR | 8,592,505 | 11,160,882 |
|
Day-Ahead UK total - Day-Ahead Auction UK - Half-Hour 15:30 auction UK |
2,916,143 2,684,004 232,139 |
4,584,368 4,407,644 176,724 |
| Day-Ahead NL | 2,560,911 | 3,461,596 |
| Day-Ahead BE | 1,946,477 | 1,990,433 |
| Day-Ahead CH | 1,865,286 | 1,793,092 |
| Intraday | 5,357,152 | 4,921,418 |
|
Intraday DE/AT total - hourly continuous DE - 15-min continuous - 15-min call auction DE - hourly continuous AT - 15-min continuous AT |
3,479,384 2,640,499 292,671 364,247 168,563 13,404 |
3,233,911 2,486,245 291,864 329,863 114,742 11,196 |
| Intraday FR | 379,154 | 310,356 |
| Continuous UK | 1,208,458 | 1,190,517 |
| Intraday NL | 89,640 | 51,884 |
| Intraday BE | 63,862 | 30,973 |
|
Intraday CH total - hourly continuous - 15-min continuous |
136,654 135,831 823 |
103,777 101,866 1,911 |
Prices and Indices
| Price – monthly average (Base / Peak*) Price/MWh |
|
|---|---|
| Day-Ahead DE/AT – PHELIX | €38,22 / €48,05 |
| Day-Ahead FR | €65,14 / €89,82 |
| Day-Ahead UK | £59,72 / £83,10 |
| Day-Ahead UK Half-Hour | £58,57 / £82,46 |
| Day-Ahead NL | €42,85 / €52,79 |
| Day-Ahead BE | €62,27 / €87,46 |
| Day-Ahead CH – SWISSIX | €60,66 / €74,66 |
| European Electricity Index – ELIX | €44,54/ €59,59** |
| Intraday DE/AT (hourly continuous) | €37,72 / €48,13 |
| Intraday 15-minute call auction DE | €37,87 / €47,80 |
| Intraday FR | €63,00 / €87,44 |
| Intraday NL | €49,06 / €63,22 |
| Intraday BE | €60,87 / €83,21 |
| Intraday CH (hourly continuous) | €58,56 / €73,91 |
* 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 2015, its 280 members traded 566 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.
