In April 2014, a total volume of 29.7 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (April 2013: 27.8 TWh). During April, the number of members surged up to 220, which is a new all-time high. The interest in EPEX SPOTs markets is one of the main indicators of the relevance of power trading which has become a central cornerstone of the European energy market in recent years. Furthermore, the Intraday markets saw a new monthly record.
Day-Ahead markets
In April 2014, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 27,149,069 MWh (April 2013: 25,938,420 MWh) and can be broken down as follows:
|
Areas |
Monthly volume MWh |
Monthly volume – previous year MWh |
Price – monthly average Euro/MWh |
|
|
DE/AT |
20,350,941 |
19,838,724 |
31.58 / 36.44 |
|
|
FR |
4,951,196 |
4,531,968 |
33.73 / 40.58 |
|
|
CH |
1,846,932 |
1,567,728 |
33.05 / 39.75 |
|
|
ELIX – European Electricity Index |
31.17 / 37.02 |
|||
* Peak excl. weekend
Prices within the German and the French market, both coupled within North-Western Europe (NWE), converged 64% of the time, the highest value since September 2013 (73%).
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 2,569,974 MWh was traded in April 2014 (April 2013: 1,894,281 MWh). This is the first all-time high since December 2011 (2,561,079 MWh).
|
Areas |
Monthly volume MWh |
Monthly volume – previous year MWh |
|
DE/AT |
2,199,637 |
1,695,630 |
|
FR |
283,535 |
198,651 |
|
CH |
86,802 |
0* |
* Swiss market launched in June 2013
In April, cross-border trades represented 21.8% of the total Intraday volume. Volume in 15-Minute contracts amounted to 411,549 MWh. In April, they represented 18.4% 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, Bern and Vienna. In 2013, 346 TWh were traded on EPEX SPOT’s markets.
