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The monthly volume on EEX’s power derivatives market, amounted to 332.4 terawatt hours (TWh) in January 2016 which is an increase of 47% compared to January 2015 (226.5 TWh). For the first time, more than 300 TWh were traded in this market.
In particular, new monthly records in the power future markets for Germany (224.7 TWh, +31% year-on-year) and France (44.4 TWh, +116%) contributed to this high volume. Trading volume in Italian Power Futures increased by 66% to 46.3 TWh, volumes in Power Options for Germany (Phelix) more than doubled to 12.2 TWh.
The January volumes comprised 178.1 TWh registered at EEX for clearing. Clearing and settlement of all transactions was executed by European Commodity Clearing (ECC).
Emission Allowances
On the EEX Market for emission allowances, a total volume of 77.9 million tonnes of CO2 was traded in January, which means that the volume has increased by 58 % compared to the previous year (January 2015: 49.4 million tonnes of CO2).
Particularly, secondary trading for EUA emission allowances developed positively: On the spot market, nearly nine-fold the volume of the previous year was traded at 6.0 million tonnes of CO2. On the derivatives market a new monthly record was achieved at 29.9 TWh which is more than 36-fold the volume of the previous year. Primary market auctions contributed 42.0 million tonnes of CO2 to the total volume.
Agricultural Products
In January, 3,282 contracts were traded in agricultural products at EEX. This includes 1,985 contracts (equal to 49,625 tonnes) from Potatoes, 1,293 contracts (equal to 6,465 tonnes) from Dairy Products and 4 contracts (equal to 32 tonnes) from Hogs.
New Participants
In January, EEX admitted BCM Energy SAS, Paris, Montreal, and Next Kraftwerke GmbH, Cologne, as new trading participants. Furthermore, Shard Capital Partners LLP, London, was recognised as new Non-Trading Broker. Azienda Elettrica Ticinese, Bellinzona (Switzerland), has extended its admission to trading on the derivatives market for power, coal and emissions.
Details on the volumes are available in the enclosed monthly report.
The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and commodity products. At EEX, contracts on Power, Coal and Emission Allowances as well as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX, EPEX SPOT, Powernext, Cleartrade Exchange (CLTX) and Gaspoint Nordic are also part of EEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC). EEX is part of Deutsche Börse Group. For more information: www.eex.com
