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In August 2013, the total volume traded in power derivatives on the European Energy Exchange (EEX) amounted to 66.5 TWh compared with 78.5 TWh in August 2012. The overall volume comprised 26.9 TWh from Trade Registrations, the registration of trades for clearing.
The Power Derivatives Market volumes are broken down as follows:
| Power | Aug 2013 Vol. in MWh | Aug 2012 Vol. in MWh |
| Total trading volume | 66,513,729 | 78,526,890 |
| Phelix Futures | 64,011,586 | 70,824,238 |
| French Futures | 1,078,743 | 1,396,152 |
| Phelix Options | 1,423,400 | 6,306,500 |
- The base load for 2014 on the Power Derivatives Market was quoted at EUR 36.78 per MWh (Germany) and EUR 42.10 per MWh (France) on 30 August 2013.
- The peak load for 2014 was quoted at EUR 46.92 per MWh (Germany) and at EUR 56.00 per MWh (France).
The total trading volume on the EPEX SPOT Power Spot Market amounted to 28.8 TWh in August 2013.
On the EEX Derivatives Market for Guarantees of Origin, which was launched in June 2013, a volume of 56,000 guarantees of origin was traded. For the first time, Guarantees of Origin for hydroelectric power from the Alps (Alpine Hydro product) were traded, in addition to Guarantees of Origin for Scandinavian hydroelectric power (Nordic Hydro product).
Emission Allowances: New record on the secondary market
On the EEX Markets for Emission Allowances, a total volume of 61.9 million tonnes of CO2 was traded in August compared with 16.2 million tonnes of CO2 in August 2012. At 32.3 million tonnes of CO2, EEX generated a new monthly record in secondary trading in EU emission allowances (previous record: 17.2 million tonnes of CO2 in November 2012). On the Secondary Spot Market nearly 17 times the volume achieved in August of the previous year was sold, while more than 4 times the volume was sold on the Derivatives Market. In August 2013, the Primary Market Auctions contributed 29.5 million tonnes of CO2 to the total volume.
The volumes traded in Emission Allowances were as follows:
| Emission Allowances | Aug 2013 Vol. in tCO2 | Aug 2012 Vol. in tCO2 |
| Total trading volume | 61,941,500 | 16,198,000 |
| EUA Spot Market
Primary Market Auctions:
Secondary Market:
|
33,606,500
29,503,500
4,103,000
|
1,443,000
1,200,000
243,000
|
| CER Spot Market | 100,000 | - |
| EUA Derivatives Market
Primary Market Auctions:
Secondary Market:
|
28,235,000
0
28,235,000
|
14,447,000
8,250,000
6,197,000
|
| CER Derivatives Market | 0 | 308,000 |
- In August, the monthly average of the ECarbix (European Carbon Index) amounted to EUR 4.40 per EUA.
- On the EUA Derivatives Market, the daily settlement price in the front year contract (Dec-2013) varied between EUR 4.32 per EUA and EUR 4.60 per EUA.
New participants
In August, EEX admitted Dasco Partners Services Ltd., Eni Trading & Shipping S.p.A. and KWG Kraftwerksgesellschaft Staßfurt as new trading participants. In addition, Griffin Markets Limited was admitted as a new participant for the “Trade Registration” of transactions.
The natural gas volumes and prices have been published in a separate PEGAS release and are available on the following website www.pegas-trading.com.
