Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

European Power Exchange: Power Trading Results In March 2013 - Intraday Markets Set New Records

Date 04/04/2013

In March 2013, a total volume of 29.5 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (March 2012: 28.4 TWh). The French Intraday market displayed particularly good results, with an all-time record in trading volumes. On the German Intraday market, the volume traded in 15-minute contracts also reached a new all-time high.

Day-Ahead markets

In March 2013, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 27,721,272 MWh (March 2012: 27,091,194 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

21,189,844

21,182,160

39.11 / 50.04

FR

5,095,577

4,834,220

57.78 / 70.40

CH

1,435,851

1,074,814

58.73 / 71.96

ELIX – European Electricity Index

46.42 / 60.41

* Peak excl. weekend

Intraday markets

On the EPEX SPOT Intraday markets , a total volume of 1,828,365 MWh was traded in March 2013 (March 2012: 1,336,372 MWh):

 

Areas

Monthly volume
MWh

Monthly volume – previous year
MWh

DE/AT

1,499,105

1,164,675*

FR

329,260

171,697

* without Austrian market, which was launched in October 2012

Trading volume on the French Intraday market registered a new all-time high. The new record is an 11 % increase from previous record in February 2013 (297,495 MWh).

In March, cross-border trades represented 7.9 % of the total Intraday volume. Volume in 15-Minute contracts amounted to 205,796 MWh. In March, they represented 14.1 % of the volume traded on the German Intraday market. This is a 20 % increase from previous record in August 2012 (171,758 MWh).

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. 339 TWh have been traded in 2012 on EPEX SPOT’s power markets.

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