Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

European Power Exchange Power Trading Results In August 2013: August Volume Climbs 9% Year-On-Year

Date 03/09/2013

In August 2013, a total volume of 28.8 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets. This is an increase of 8.9% compared to the monthly volume a year ago (August 2012: 26.4 TWh). All market segments contributed to the growth, which is proof for the central role of EPEX SPOT and its services in European power trading.

Day-Ahead markets

In August 2013, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 26,755,356 MWh (August 2012: 24,953,249 MWh) and can be broken down as follows:

Areas

Monthly volume

MWh

Monthly volume – previous year
MWh

Price – monthly average
(Base / Peak*)
Euro/MWh

 

DE/AT

20,428,725

19,231,250

38.23 / 47.59

 

FR

4,525,800

4,325,750

35.18 / 45.36

 

CH

1,800,831

1,396,249

37.25 / 46.08

 

ELIX – European Electricity Index

34.87 / 44.29

* Peak excl. weekend

Prices within the French and the German market, both coupled with the Benelux markets within Central Western Europe (CWE), converged 65% of the time.

Intraday markets

On the EPEX SPOT Intraday markets , a total volume of 2,027,165 MWh was traded in August 2013 (August 2012: 1,472,331 MWh).

Areas

Monthly volume

MWh

Monthly volume – previous year

MWh

DE/AT

1,778,089

1,334,549*

FR

175,299

137,782

CH

73,777

0**

* without Austrian market, which was launched in October 2012 // ** Swiss market launched in June 2013

In August, cross-border trades represented 20.8% of the total Intraday volume. Volume in 15-Minute contracts amounted to 299,523 MWh. In August, they represented 16.6% of the volume traded on the German and Swiss Intraday market.

***

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 a branch in Leipzig. 229 TWh were traded on EPEX SPOT’s power markets in the first eight months of 2013.