Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Successful Launch Of The French Power Exchange Powernext

Date 26/11/2001

The first auction of the day-ahead hourly contract took place today on the organised market Powernext. Six members participated in this first trading day for delivery tomorrow on the French hub: Cargill, EDFTrading, Electrabel, Endesa, Iberdrola, TotalfinaElf. The total volume exchanged on Powernext is 996 MWh. Further ten members are finalizing the agreement procedure and should join the exchange in the coming weeks.

The French wholesale power market is entering a new phase of maturity.

Hours Prices in EUR Volume in MWh
1 20.093 20
2 20.047 20
3 20.042 20
4 20.047 20
5 20.037 20
6 20.077 16
7 26.004 36
8 26.006 44
9 26.046 45
10 26.091 45
11 30.094 52
12 42.003 74
13 30.100 52
14 30.636 53
15 31.186 54
16 30.636 53
17 28.985 50
18 45.057 79
19 45.055 79
20 45.052 79
21 26.003 36
22 25.097 17
23 25.07 16
24 25.095 16
    996