EEX Trading Results In February

Electricity trading volume on the European Energy Exchange (EEX) in February 2009 totalled 97.4 TWh, compared with 96.5 TWh in February 2008.

This includes 11,217,182 MWh (February 2008: 13,326,249 MWh) traded on the electricity Spot Market, where the average base load price (Phelix Base Month) for the month was 47.79 Euro/MWh and the peak load price (Phelix Peak Month) 60.76 Euro/MWh.

Intraday volume in February 2009 was 225,058 MWh (February 2008: 129,460 MWh).

On the Swiss electricity Spot Market February volume was 577,203 MWh (February 2008: 435,463 MWh).

Trading volume in electricity derivatives in February 2009 totalled 86.2 TWh (February 2008: 83.1 TWh). This includes 67.6 TWh from OTC clearing. The Open Interest at 27 February 2009 was 333.7 TWh. The 2010 base load price for German electricity was fixed at 43.40 Euro/MWh on 27 February 2009 and the 2010 peak load price at 62.63 Euro/MWh.

A total of 434,482 EU Allowances (EUA) were traded on the Spot Market in February, compared with 77,062 EUAs in February 2008. During the month, the Carbix (Carbon Index) ranged between 8.02 Euro/EUA and 11.11 Euro/EUA.

Volume on the EEX Derivatives Market was 4,270,000 EUAs (5,780,000 EUAs February 2008). The 2009 contract was fixed at 10.15 Euro/EUA on 27 February 2009, and the 2010 contract at 10.55 Euro/EUA.

In February, the total Spot Market volume for natural gas (GUD and NCG market areas) was 235,920 MWh (69,840 MWh February 2008). The Spot Market price for the delivery of natural gas ranged between 13.00 Euro/MWh and 26.75 Euro/MWh.

Volumes on the Derivatives Market for natural gas (GUD and NCG market areas) amounted to 1,385,870 MWh (725,500 MWh February 2008). On 27 February 2009, the open interest was 4,130,958 MWh. On 27 February 2009 natural gas prices for delivery in 2010 were fixed at 19.25 Euro/MWh (GUD) and 19.78 Euro/MWh (NCG), respectively.

EEX currently has 214 member companies from 19 countries. In February, MVV Energie AG, Mannheim, and Shell International Trading Ltd., London, have cancelled their membership.