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In May 2013, a total volume of 29.5 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (May 2012: 29.2 TWh). Trading volumes on the Swiss Day-Ahead market hit a new all-time high, as well as the volume traded in 15-minute contracts on the German Intraday market, which reached a new all-time high for the third month in a row.
Day-Ahead markets
In May 2013, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 27,595,294 MWh (May 2012: 27,786,654 MWh) and can be broken down as follows:
|
Areas |
Monthly volume |
Monthly volume – previous year |
Price – monthly average |
|
|
DE/AT |
20,953,184 |
21,595,882 |
32.06 / 40.34 |
|
|
FR |
4,850,971 |
4,577,040 |
31.18 / 41.36 |
|
|
CH |
1,791,139 |
1,613,731 |
32.34 / 41.43 |
|
|
ELIX – European Electricity Index |
29.38 / 38.74 |
|||
* Peak excl. weekend
Trading volume on the Swiss Day-Ahead market registered a new all-time high. The new record is a 6 % increase from previous record in June 2012 (1,685,028 MWh).
Prices within the French and the German market, both coupled with Belgium and the Netherlands within the market coupling initiative in Central Western Europe (CWE), converged 67 % of the time.
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 1,901,964 MWh was traded in May 2013 (May 2012: 1,452,955 MWh). This is the second best result since their creation.
|
Areas |
Monthly volume |
Monthly volume – previous year |
|
DE/AT |
1,733,201 |
1,319,013* |
|
FR |
168,763 |
133,942 |
* without Austrian market, which was launched in October 2012
In May, cross-border trades represented 13.1 % of the total Intraday volume. Volume in 15-Minute contracts amounted to 238,183 MWh. In May, they represented 14 % of the volume traded on the German Intraday market. This is a 1 % increase from previous record in April 2013 (235,398 MWh).
In May, three new members started trading on EPEX SPOTs markets: ecoSWITCH AG on the German/Austrian Day-Ahead and Intraday markets; EN.E.R. Trading SpA on the French and Swiss Day-Ahead market; and HB Trading S.p.A. on the Swiss Day-Ahead market.
***
EPEX SPOT SE operates the power spot markets for France, Germany, Austria and Switzerland (Day-Ahead and Intraday). Together these countries account for more than one third of the European electricity consumption. EPEX SPOT SE is a European company (Societas Europaea) based in Paris with a branch in Leipzig. 339 TWh have been traded in 2012 on EPEX SPOT’s power markets.
Clearing and settlement of all EPEX SPOT transactions are provided by European Commodity Clearing AG (ECC), the clearing house based in Leipzig.
