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Power Trading Results In December 2013: 31.6 TWh: Record Volume On EPEX SPOT

Date 03/01/2014

In December 2013, a total volume of 31.6 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (December 2012: 29.2 TWh). This is the best monthly result since the creation of the European Power Exchange and beats the last record from December 2011 (30.9 TWh) by 2.2%. Over the entire month, more than 1 TWh was traded on a daily average on EPEX SPOT’s markets, making it one of the most liquid places for spot power trading in Europe and the world.

Day-Ahead markets
In December 2013, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 29,141,566 MWh (December 2012: 27,575,997 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

22,159,244

20,638,868

35.75 / 50.38

 

FR

5,439,227

5,459,899

49.71 / 61.54

 

CH

1,543,095

1,477,230

52.55 / 62.16

 

ELIX – European Electricity Index

43.54 / 57.86

* Peak excl. weekend

The volume on the German/Austrian market reached a new all-time high, beating the previous record from October 2013 (21 670 182 MWh) by 2.3%.
Prices within the French and the German market, both coupled with the Benelux markets within Central Western Europe (CWE), converged 48% of the time.

Intraday markets
On the EPEX SPOT Intraday markets , a total volume of 2,410,275 MWh was traded in December 2013 (December 2012: 1,630,877 MWh).

Areas

Monthly volume

MWh

Monthly volume – previous year

MWh

DE/AT

2,055,071

1,401,993

FR

283,148

228,884

CH

72,056

0*

* Swiss market launched in June 2013

The German/Austrian market reached its second best result of all time and also hit the 2 TWh mark for the second time.
In December, cross-border trades represented 15.1% of the total Intraday volume. Volume in 15-Minute contracts amounted to 207,041 MWh. In December, they represented 9.9% 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 a branch in Leipzig.