In April 2013, a total volume of 27.8 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (April 2012: 28.7 TWh). The volume traded in 15-minute contracts on the German Intraday market reached a new all-time high for the second month in a row.
Day-Ahead markets
In April 2013, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 25,938,420 MWh (April 2012: 27,371,196 MWh) and can be broken down as follows:
Areas |
Monthly volume |
Monthly volume – previous year |
Price – monthly average |
|
DE/AT |
19,838,724 |
21,175,834 |
37.92 / 45.99 |
|
FR |
4,531,968 |
4,900,818 |
45.94 / 57.07 |
|
CH |
1,567,728 |
1,294,544 |
45.37 / 57.27 |
|
ELIX – European Electricity Index |
38.90 / 49.55 |
* Peak excl. weekend
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 48 % of the time.
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 1,894,281 MWh was traded in April 2013 (April 2012: 1,324,937 MWh):
Areas |
Monthly volume |
Monthly volume – previous year |
DE/AT |
1,695,630 |
1,131,633* |
FR |
198,651 |
193,304 |
* without Austrian market, which was launched in October 2012
In April, cross-border trades represented 12.6 % of the total Intraday volume. Volume in 15-Minute contracts amounted to 235,398 MWh. In April, they represented 14.2 % of the volume traded on the German Intraday market. This is a 14 % increase from previous record in March 2013 (205 796 MWh).
***
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.