The volume of electricity traded on the Derivatives Market, which increased by 53 per cent to 517 TWh from 338 TWh during the preceding year, displayed a particularly good development. On the Derivatives Market for power the base load for the year 2006 (Phelix Base Year Future) in Germany was quoted at EUR 53.36 per MWh and the peak load for the year 2006 (Phelix Peak Year) in Germany was quoted at EUR 73.85 per MWh on 28 December 2005.
The trading volume on the Spot Market for power also increased by 43 per cent from 60 TWh in the year 2004 to 85.7 TWh. Compared to the consumption of electricity in Germany the Spot Market volume achieved in 2005 corresponds to approx. 17 per cent of the total annual consumption. On average, the Spot Market prices (Phelix Day Base) amounted to EUR 45.98 per MWh during the year 2005 compared to EUR 28.52 per MWh during the preceding year.
During the first year of the EEX Spot and Derivatives Market for CO2 emission allow-ances (EUA) a volume of in total 3,196,791 EUA was already traded on these markets – of which a total of 2,748,791 EUA was traded on the Spot Market (commencement of trading on 09 March 2005) and of 448,000 EUA was traded on the Derivatives Market (commencement of trading 04 October 2005).
In the course of the year 2005 the number of trading participants increased from 123 to 132 companies from a total of 16 countries. Since January 2006 Elnord SA became the first company with registered offices in Poland to be admitted to the exchange. This means the number of countries from which the trading participants of EEX come has now increased to 17.
