In January 2014, a total volume of 31.5 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (January 2013: 28.2 TWh). This corresponds to an 11.7% increase of year-on-year trading volumes. The growth is due to a record high on the German/Austrian Day-Ahead and supported by overall strong volumes on French and Swiss markets.
Day-Ahead markets
In January 2014, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 29,339,984 MWh (January 2013: 26,571,892 MWh) and can be broken down as follows:
|
Areas |
Monthly volume |
Monthly volume – previous year |
Price – monthly average |
|
|
DE/AT |
22,557,676 |
19,883,862 |
35.87 / 47.66 |
|
|
FR |
5,278,331 |
5,163,871 |
39.14 / 52.17 |
|
|
CH |
1,503,977 |
1,524,159 |
47.62 / 57.19 |
|
|
ELIX – European Electricity Index |
36.06 / 49.04 |
|||
* Peak excl. weekend
The volume on the German/Austrian market reached a new all-time high, beating the previous record from December 2013 (22,159,244 MWh) by 1.8%.
Prices within the French and the German market, both coupled with the Benelux markets within Central Western Europe (CWE), converged 52% of the time.
Intraday markets
On the EPEX SPOT Intraday markets , a total volume of 2,197,840 MWh was traded in January 2014 (January 2013: 1,621,153 MWh).
|
Areas |
Monthly volume MWh |
Monthly volume – previous year MWh |
|
DE/AT |
1,810,297 |
1,374,873 |
|
FR |
310,263 |
246,280 |
|
CH |
77,280 |
0* |
* Swiss market launched in June 2013
In January, cross-border trades represented 20.5% of the total Intraday volume. Volume in 15-Minute contracts amounted to 231 021 MWh. In January, they represented 12.5% of the volume traded on the German and Swiss Intraday markets.
***
The European Power Exchange 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 power consumption. EPEX SPOT is a European company (Societas Europaea) based in Paris with branches in Leipzig and Vienna. In 2013, 346 TWh were traded on EPEX SPOT’s markets.
