Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

EEX Trading Results And New Admissions In August

Date 02/09/2009

Electricity trading volume on the European Energy Exchange (EEX) in August 2009 totalled 77.5 TWh, compared with 74.6 TWh in August 2008.

This includes 11,554,302 MWh (August 2008: 11,803,170 MWh) traded on the electricity Spot Market, where the average base load price (Phelix Base Month) for the month was 36.07 Euro/MWh and the peak load price (Phelix Peak Month) 48.99 Euro/MWh.

Intraday volume in August 2009 was 527,239 MWh (August 2008: 196,045 MWh).

On the Swiss electricity Spot Market the volume of August was 681,949 MWh (August 2008: 560,304 MWh).

Trading volume in electricity derivatives in August 2009 totalled 66.0 TWh (August 2008: 62.8 TWh). This includes 46.6 TWh from OTC clearing. The Open Interest at 31 August 2009 was 481.5 TWh. The 2010 base load price for German electricity was fixed at 49.29 Euro/MWh on 31 August 2009 and the 2010 peak load price at 69.16 Euro/MWh.

A total of 916,540 EU Allowances (EUA) were traded on the EEX Spot Market in August 2009. During the month, the Carbix (Carbon Index) ranged between 13.92 Euro/EUA and 15.34 Euro/EUA.

Volume on the EEX Derivatives Market was 410,000 EUAs (8,752,000 EUAs August 2008). The 2009 contract was fixed at 15.02 Euro/EUA on 31 August 2009, and the 2010 contract at 15.39 Euro/EUA.

On the Derivatives Market for Certified Emission Reductions a volume of 5,000 CER was traded (August 2008: 283,000 CER). On 31 August 2009, the 2009 contract traded at 13.37 Euro/CER and the 2010 contract at 13.15 Euro/CER.

In August, the total Spot Market volume for natural gas (GUD and NCG market areas) was 143,568 MWh (122,640 MWh August 2008). The volume includes 6,048 MWh traded in the natural gas auction launched on 15 July 2009. The Spot Market price for the delivery of natural gas ranged between 6.80 Euro/MWh and 9.80 Euro/MWh.

Volumes on the Derivatives Market for natural gas (GUD and NCG market areas) amounted to 473,850 MWh (1,076,620 MWh August 2008). On 31 August 2009, the open interest was 3,803,786 MWh. On 31 August 2009 natural gas prices for delivery in 2010 were fixed at 17.13 Euro/MWh (GUD) and 17.30 Euro/MWh (NCG), respectively.

EEX currently has 237 member companies from 22 countries. In August, S.C. TINMAR-IND S.A., Bucharest, and Pražská energetika, a.s., Prague, were admitted to the Spot Market. Louis Dreyfus Energy Services L.P., Wilton, Connecticut (USA), was admitted to the Derivatives Market. One company cancelled its membership on the exchange.