The European Energy Exchange EEX released its turnover
figures for the month of October on Thursday. A total
of 6.14 million MWh was traded in the integrated spot
and futures market, about 80 percent higher than the
previous month's figure (3.46 million MWh in
September). The October total includes 870,240 MWh in
the spot market (737,721 MWh in September), the
third-highest monthly volume since the launch in
August. Futures volume came to 5.28 million MWh in
October (2.73 million MWh in September), which is the
highest monthly turnover. Thus, after nine months of
operation, 11.89 million MWh have already been traded
in the futures market. In the spot market, some 7.7
million MWh have already been traded this year.
The spot market total of 870,240 MWh in October
comprises 285,264 MWh traded in individual hours and
584,976 MWh in blocks, 413,064 MWh in baseload blocks
and 171,912 MWh in peakload blocks.
Of the 5.28 million MWh in futures volume, 1.41
million MWh were traded in one-month futures and
roughly 3.86 million MWh in the 12-month futures that
were introduced in September. Three-month
(quarterly-term) futures will be added to the product
portfolio before the end of the year.
