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Electricity trading volume on the European Energy Exchange (EEX) in August 2007 totalled 94.3 TWh, compared with 83.5 TWh in August 2006.
This includes 8,975,570 MWh (August 2006: 7,291,737) traded on the electricity Spot Market, where the average base load price (Phelix Base Month) for the month was 29.31 Euro/MWh and the peak load price (Phelix Peak Month) 38.95 Euro/MWh.
Intraday volume in August 2007 was 103,401 MWh.
On the Swiss electricity Spot Market August volume was 365,556 MWh.
Trading volume in electricity derivatives in August 2007 totalled 85.3 TWh (August 2006: 76.2 TWh). This includes 67.9 TWh from OTC clearing. The Open Interest at 31 August 2007 was 299.0 TWh. The 2008 base load price for German electricity was fixed at 54.46 Euro/MWh on 31 August 2007 and the 2008 peak load price at 75.61 Euro/MWh.
A total of 159,100 EU Allowances (EUA) were traded on the Spot Market in August, compared with 420,451 EUAs in August 2006. During the month, the Carbix (Carbon Index) ranged between 0.07 Euro/EUA and 0.10 Euro/EUA.
Volume on the EEX Derivatives Market was 2,856,000 EUAs (330,000 EUAs August 2006). The 2008 contract was fixed at 19.45 Euro/EUA on 31 August 2007, and the 2009 contract at 20.00 Euro/EUA.
In July, EEX launched natural gas trading. In August, the total Spot Market volume (BEB market area) was 35,280 MWh. The Spot Market price for the delivery of natural gas ranged between 13.43 Euro/MWh and 16.10 Euro/MWh.
Volumes on the Derivatives Market (BEB and E.ON GT market areas) amounted to 80,390 MWh. On 31 August 2007, the open interest was 456,180 MWh. At the same day, 2008 natural gas prices were fixed at 18.93 Euro/MWh (BEB) and 19.90 Euro/MWh (E.ON GT), respectively.
EEX currently has 174 member companies from 19 countries. 3 E Fund Ltd., Cayman Islands, has cancelled its membership.
