EEX Trading Volumes In February – All-Time High On The Power Derivatives Market – New Records In Italian And Spanish Power Futures

In February 2015, the European Energy Exchange (EEX) reached new monthly record on the Power Derivatives Market. Overall, the volume in power derivatives amounted to 228.8 TWh, exceeding the recent record in January 2015 (226.5 TWh). Compared to the same month in the previous year the volume increased by 124 percent (February 2014: 102.1 TWh).

The volume includes 34.4 TWh from Italian Power Futures which also represents a monthly record (previous record: 27.9 TWh in January 2015). Furthermore, in French Power Futures, a volume of 20.4 TWh was registered, nearly 10-times the volume of the previous year (February 2014: 2.4 TWh). In addition to this, at 441,562 MWh, a monthly record was also achieved in Spanish Power Futures (previous record: 348,875 MWh in October 2014).

The February volume comprised 112.8 TWh registered at EEX for clearing. Clearing and settlement of all transactions was executed by European Commodity Clearing (ECC).

The base load price for the year 2016 in the Phelix Future product (market area Germany/Austria) was quoted at EUR 33.00 per MWh on 27 February 2015. The peak load price for 2016 in the Phelix Future product was quoted at EUR 42.04 per MWh.

Emission Allowances

On the EEX Market for Emission Allowances, a total volume of 52.2 million tonnes of CO₂ was traded in February, compared with 76.9 million tonnes of CO₂ in February 2014. During the month, Primary Market Auctions contributed 50.7 million tonnes of CO₂ to the total volume.

In February, the monthly average of the ECarbix (European Carbon Index) amounted to EUR 7.22 per EUA. On the EUA Derivatives Market, the daily settlement price in the Dec-2015 contract varied between EUR 6.97 per EUA and EUR 7,78 per EUA.

New Participants

In February, EEX admitted Lampiris France SAS, Paris, and Energy Trading Company, s.r.o, Nitra (Slovakia), to the trading of French Power Futures. Noble Clean Fuels Ltd., London, was also admitted to trade Spanish Power Futures. Scanenergi A/S, Ikast (Denmark) became a new member on the Emissions Derivatives Market.

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 commodities 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).

Monthly Figures Report for February 2015

Power

Emission Allowances