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EEX Trading Volumes In May - Volume Doubled On The Power Derivatives Market – Continuous Trading On The CO2 Derivatives Market Increased 25-Fold – Trading Of Agricultural Products Successfully Launched

Date 01/06/2015

In May 2015, trading volumes on the Power Derivatives Market of the European Energy Exchange (EEX) amounted to 154.6 TWh. Compared to the same month in the previous year, the volume more than doubled (May 2014: 73.6 TWh). EEX power markets showed growing volumes in almost all market areas. On the Spanish Power Derivatives Market, EEX registered a new record volume at 1.7 TWh (previous record: 1.4 TWh in April 2015).

The May volumes comprised 88.9 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 31.50 per MWh on 29 May 2015. The peak load price for 2016 in the Phelix Future product was quoted at EUR 39.77 per MWh.

Emission Allowances

On the EEX Market for Emission Allowances, a total volume of 48.6 million tonnes of CO2 was traded in May, which is an increase of 39 percent compared to the previous year (May 2014: 34.9 million tonnes of CO2). In May, primary market auctions contributed 42.9 million tonnes of CO2 to the total volume. Furthermore, volumes in secondary trading on the EUA Derivatives market increased 25-fold to 3.8 million tonnes of CO2(May 2014: 0.2 million tonnes of CO2).

In May, the monthly average of the ECarbix (European Carbon Index) amounted to EUR 7.43 per EUA. On the EUA Derivatives Market, the daily settlement price in the Dec-2015 contract varied between EUR 7.22 per EUA and EUR 7.68 per EUA.

Agricultural Products

On 11 May, EEX successfully launched trading in Agricultural Futures on its platform previously listed at Eurex Exchange. By the end of the month, 2,822 contracts were traded in the new products which included trading in potatoes (2,693 contracts which corresponds to 67,352 tonnes) and dairy (129 contracts which corresponds to 645 tonnes) products.

New Participants

In May, EEX admitted Amper Market, a.s., Prag, ENEA Trading Sp. zo.o., Poznan (Polen) as well as INTL FC Stone Ltd., London as new trading participants. Furthermore, nine participants were admitted for trading Agricultural Products at EEX.

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 May 2015

Power

 

May 2015
Vol. in MWh

May 2014
Vol. in MWh

Total trading volume

154.568.094

73.635.658

Phelix Futures

113.101.033

59.665.060

French Futures

19.073.230

4.240.340

Italian Futures

17.292.806

5.760.648

Dutch Futures

3.960

61.445

Belgian Futures

0

11.045

Spanish Futures

1.686.395

159.960

Swiss Futures

123.120

7.200

Greek Futures (Trade Registration)

21.600

-

Phelix Options

3.265.950

3.729.960

Emission Allowances

Total trading volume

48.605.000

34.930.500

EUA Spot Market
- Primary Market Auctions:

- Secondary Market:

43.826.000
41.908.000
1.918.000

34.369.500
32.526.500
1.843.000

EUAA Spot Market (Primary Market Auctions)

935.000

0

CER Spot Market

0

411.000

EUA Derivatives Market

3.844.000

150.000

Agricultural Products

 

May 2015
traded contracts

May 2014
traded contracts

Total trading volume

2.822

-

Potatoes

2.693

-

Dairy Products

129

-