Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

European Power Exchange: Power Trading Results in December 2012

Date 07/01/2013

In December 2012, a total volume of 29.2 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (December 2011: 30.9 TWh).

Day-Ahead markets

In December 2012, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 27,575,997 MWh (December 2011: 28,338,318 MWh) and can be broken down as follows:

Areas

Monthly volume

MWh

Monthly volume – previous year
MWh

Price – monthly average
(Base / Peak*)
Euro/MWh

 

DE/AT

20,638,868

21,654,445

35.51 / 53.78

 

FR

5,459,899

5,432,163

41.985 / 53.562

 

CH

1,477,230

1,251,709

44.76 / 55.49

 

ELIX – European Electricity Index

36.19 / 52.24

* Peak excl. weekend

Prices within the French and the German market, both coupled with Belgium and the Netherlands within the market coupling initiative in Central Western Europe (CWE), converged 50 % of the time.

Intraday markets

On the EPEX SPOT Intraday markets, a total volume of 1,630,877 MWh was traded in December 2012 (December 2011: 2,561,079 MWh):

Areas

Monthly volume
MWh

Monthly volume – previous year
MWh

DE/AT

1,401,993

2,379,882

FR

228,884

181,197

In December, cross-border trades represented 17 % of the total Intraday volume. Volume in 15-Minute contracts amounted to 76,398 MWh. In December, they represented 5,6 % of the volume traded on the German Intraday market.

On EEX Power Derivatives, the volume in power derivatives trading amounted to 85.1 TWh on December 2012 (December 2011: 65.7 TWh). Please see the EEX press release for more details.



EPEX SPOT SE operates the power spot markets for France, Germany, Austria and Switzerland (Day-Ahead and Intraday). Together these countries account for more than one third of the European electricity consumption. EPEX SPOT SE is a European company (Societas Europaea) based in Paris with a branch in Leipzig. EPEX SPOT counts 202 Exchange Members.

Clearing and settlement of all EPEX SPOT transactions are provided by European Commodity Clearing AG (ECC) based in Leipzig. ECC is the clearing house of EEX and its partner Exchanges.