In April 2015, a total volume of 36.6 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (April 2014: 29.7 TWh). For the first time, the Swiss Day-Ahead market saw more than 2 TWh of trading volume, exceeding its last record volume from July 2013 by 8%. The French Day-Ahead market continued its path towards growth with a 69% year-on-year jump in April.
Day-Ahead markets
In April 2015, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 33,152,740 MWh (April 2014: 27,149,069 MWh) and can be broken down as follows:
Day-Ahead volumes
| Areas | Monthly volumes MWh | Monthly volumes – previous year MWh | Price – monthly average (Base / Peak*) Euro/MWh |
|---|---|---|---|
| DE/AT | 22,760,344 | 20,350,941 | 29.72 / 33.27 |
| FR | 8,348,961 | 4,951,196 | 39.54 / 47.43 |
| CH | 2,043,435 | 1,846,932 | 38.26 / 46.52 |
| ELIX – European Electricity Index | 31.64 / 36.67 | ||
*Peak excl. weekend
Prices within the German and the French market, both connected within the pan-European Coupling, converged 31% of the time.
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 3,487,694 MWh was traded in April 2015 (April 2014: 2,569,974 MWh).
Intraday volumes
| Areas | Monthly volumes MWh | Monthly volumes – previous year MWh |
|---|---|---|
| DE/AT | 2,708,073 | 2,199,637 |
| DE 15-min auction | 356,016 | 0* |
| FR | 318,145 | 283,535 |
| CH | 105,460 | 86,802 |
*Segment launched in December 2014
In April, cross-border trades represented 13.8% of the total continuous Intraday volume. The volume in continuously traded 15-minute contracts reached 372,850 MWh. In April, they represented 13.6% of the volume traded on the German and Swiss continuous Intraday markets.
The European Power Exchange EPEX SPOT SE operates the power spot markets for Germany, France, Austria and Switzerland. EPEX SPOT also provides market operation services for the Hungarian Power Exchange HUPX and coupling services between the Czech, the Slovak, the Hungarian and the Romanian markets on behalf of three of the four local Exchanges. Since May 4th 2015, EPEX SPOT has become 100% owner of APX Group including Belpex. APX operates the power spot markets for the Netherlands, the United Kingdom and Belgium. EPEX SPOT is a European company (Societas Europaea) based in Paris with branches in Leipzig, Vienna and Bern, as well as offices in Amsterdam, London and Brussels. 275 companies are active on EPEX SPOT and APX. 382 TWh were traded on EPEX SPOTs markets in 2014, and 92 TWh on APX.
