.jpg)
The European Energy Exchange (EEX) has concluded the year 2007 with an increase in the volumes on both the Spot and Derivatives Market. The trade volume for power increased to 1,273 TWh, which corresponds to an increase by 12 percent compared to the previous year (1,133 TWh).
On the Spot Market for power, a volume of in total 123.7 TWh was traded in the year 2007. During the previous year, 88.7 TWh were traded. In the year 2007, the Spot Mar-ket prices (Phelix Day Base) amounted to EUR 37.99 per MWh on average compared with EUR 50.79 per MWh during the previous year.
The trade volume on the Derivatives Market for power rose – from 1,044 TWh during the previous year to 1,150 TWh in 2007. On 21 December 2007, the base load for the year 2008 (Phelix Base Year Future) in Germany was quoted at EUR 61.25 per MWh and the peak load for the year 2008 (Phelix Peak Year) in Germany was quoted at EUR 83.91 per MWh.
In July 2007, EEX successfully launched exchange trading in natural gas. On the Spot Market, the trading volume (BEB and E.ON GT market areas) amounted to 404,670 MWh. Until the end of the year, 3,697,920 MWh of natural gas were traded on the Derivatives Market (BEB and E.ON GT market areas). As of 28 December 2007, the Open Interest on the Derivatives Market for natural gas already amounted to 919,450 MWh. This new market is showing a very satisfactory development.
With the help of various measures, a positive development could also be ensured in trading in emission allowances. A total volume of 22,679,143 EUA was traded on the EEX Spot and Derivatives Market for CO2 emission allowances (EUA) in 2007.On account of an increase by 94 percent, the result almost doubled compared with the previous year (11,699,846 EUA).
On the EEX Derivatives Market for coal futures the volume from OTC clearing amounted to 246,000 t in the year 2007.
In the course of the year 2007, the number of trading participants increased from 158 to 191 companies from a total of 20 countries (previous year: 19 countries). All in all, 33 new trading participants were admitted to trading.
