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EPEX SPOT Power Trading Results Of September 2016 - Members Extend Trading Activities

Date 04/10/2016

In September 2016, a total volume of 40 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (September 2015: 43 TWh).

Day-Ahead markets
In September 2016, power trading on the Day-Ahead markets on EPEX SPOT (including APX) accounted for a total of 35,149,574 MWh (September 2015: 38,419,943 MWh).
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 26% of the time (September 2015: 8%).

Intraday markets
On the EPEX SPOT Intraday markets (including APX), a total volume of 4,832,405 MWh was traded in September 2016 (September 2015: 4,553,958 MWh).
In September, cross-border trades represented 15% of the total continuous Intraday volume in Germany, France, Austria and Switzerland. 15-minute contracts represented 12% of the volume traded on the German, Austrian and Swiss continuous Intraday markets.

New members
EPEX SPOT welcomed two new members to the Exchange. Vattenfall Europe Generation AG joined German Day-Ahead market as well as German Intraday 15-minutes auction in September. Yusupov Limited joined UK Intraday markets as well as UK Day-Ahead markets.

Several existing members extended their activity on the different markets, underlining their interest in enlarging their trading portfolio across Europe and witnessing the benefits of an integrated market. Ekologicke Zdroje Energie s.r.o. (Czech Republic) joins the French Day-Ahead as well as the French Intraday market, SE Energy Trading GmbH (Germany) joins the German Intraday market and Engelhart CTP (Switzerland) SA joins the 15-minutes auction of the German Intraday market. POWERMART ApS (Denmark) joins the Austrian Intraday market as well as the Belgian Intraday market.

Please find further details on the volumes and prices below:

Volumes

Power Spot Volumes
 
Monthly
volume


MWh
Monthly
volume –
previous year

MWh
Total 39,981,979 42,973,901
Day-Ahead 35,149,574 38,419,943
  Day-Ahead DE/AT/LU 18,606,161 19,328,561
  Day-Ahead FR 8,035,302 7,532,908

  Day-Ahead UK total

  - Day-Ahead Auction UK

  - Half-Hour 15:30 auction UK

2,735,075

2,554,735

180,340

4,333,839

4,165,014

168,825

  Day-Ahead NL 2,180,864 3,326,875
  Day-Ahead BE 1,606,530 1,950,874
  Day-Ahead CH 1,985,642 1,946,886
Intraday 4,832,405 4,553,958

  Intraday DE/AT total

  - hourly continuous DE

  - 15-min continuous DE

  - 15-min call auction DE 

  - hourly continuous AT

  - 15-min continuous AT

3,129,414

2,265,785

332,667

418,932

101,726

10,304

2,956,594

2,158,168

339,439

366,875

92,113

0*

  Intraday FR 372,726 296,393
  Continuous UK 1,038,427 1,046,412
  Intraday NL 94,711 75,341
  Intraday BE 61,136 34,752

  Intraday CH total

  - hourly continuous

  - 15-min continuous

135,991

132,141

3,849

144,466

139,335

5,131

* Segment launched in October 2015

Prices and Indices

 Price – monthly average
(Base / Peak**)

Price/MWh
Day-Ahead DE/AT – PHELIX €30.49/ €34.79
Day-Ahead FR €37.19/ €45.06
Day-Ahead UK £45.63 / £50.15
Day-Ahead UK Half-Hour £47.01 / £54.22
Day-Ahead NL €32.85 / €40.15
Day-Ahead BE €37.69 / €47.27
Day-Ahead CH – SWISSIX €35.84/ €42.10
European Electricity Index – ELIX €30.03/ €35.04***
Intraday DE/AT (hourly continuous) €31.19/ €35.70
Intraday 15-minute call auction DE €30.19/ €34.51
Intraday FR €37.66/ €45.69
Intraday NL €34.56 / €42.89
Intraday BE €37.41 / €45.68
Intraday CH (hourly continuous) €36.32 / €42.70

** 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.