Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Power Trading Results Of October 2017 - German-Austrian Day-Ahead Grows By 14.4% - Intraday Markets Reach All-Time High

Date 03/11/2017

In October 2017, a total volume of 46.6 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (October 2016: 42.6 TWh). This represents a year on year increase of 9.2%.

Day-Ahead markets

In October 2017, power trading on the Day-Ahead markets on EPEX SPOT accounted for 40,029,138 MWh (October 2016: 37,467,681 MWh). The German-Austrian Day-ahead market registered a 14.4% growth. The UK Day-ahead market continued its growth trend registered over the past months and reached 5,000,619 MWh. This represents a year on year growth of 78.2%, with a new monthly record for the UK half-hour auction.

Prices in Central Western Europe, connected within the Multiregional Coupling, converged 9% of the time (October 2016: 12%).

Intraday markets

On the EPEX SPOT Intraday markets, a total volume of 6,554,682 MWh was traded in October 2017 (October 2016: 5,180,512 MWh), which surpasses the last record registered in March 2017 by 6%. 

In October, cross-border trades represented 12.9% of the total continuous intraday volume in Germany, France, Netherlands, Belgium, Austria and Switzerland. 15-minute contracts represented 12.5% of the volume traded on the German, Austrian and Swiss continuous Intraday markets.

New members

In October, EPEX SPOT welcomed Nano Energies Trade s.r.o., Inercomp GmbH, ArcelorMittal Energy SCA and e-PANGO as new member to the exchange.

Please find further details on the volumes and prices below:

Volumes

Power Spot Volumes
 
 

Monthly
volume


MWh

Monthly
volume –
previous year

MWh

Total

46,583,820

42,648,193

Day-Ahead

40,029,138

37,467,681

  Day-Ahead DE/AT/LU

21,199,281

18,531,010

  Day-Ahead FR

7,611,387

9,199,957

  Day-Ahead UK total

  - Day-Ahead Auction UK

  - Half-Hour 15:30 auction UK

5,000,619

4,624,740

375,879

2,806,450

2,610,036

196,414

  Day-Ahead CH

1,956,369

1,955,281

  Day-Ahead NL

2,747,135

2,708,496

  Day-Ahead BE

1,514,347

2,266,487

Intraday

6,554,682

5,180,512

  Intraday DE/AT total

  - hourly continuous DE

  - 30-min continuous DE

  - 15-min continuous

  - 15-min call auction DE 

  - hourly continuous AT

  - 15-min continuous AT

4,290,384

3,137,191

4,225

467,230

492,003

164,122

25,613

3,345,340

2,504,941

0*

295,245

375,250

156,285

13,619

  Intraday FR

  - hourly continuous FR

  - 30-min continuous FR

393,043

387,764

5,279

382,219

382,219

0*

  Intraday UK

1,479,815

1,106,294

  Intraday CH total

  - hourly continuous

  - 30-min continuous

  - 15-min continuous

153,316

150,692

294

2,330

195,585

193,777

0*

1,808

  Intraday NL

136,972

89,361

  Intraday BE

88,467

57,075

  OTC Registration

12,685

15,568

*segment launched in March 2017

Prices and Indices

 

Price – monthly average
(Base / Peak**)

Price/MWh

Day-Ahead DE/AT – PHELIX

€28.25/ €39.50

Day-Ahead FR

€49.68/ €59.89

Day-Ahead UK

£45.70/ £49.88

Day-Ahead UK Half-Hour

£44.72/ £48.26

Day-Ahead CH – SWISSIX

€52.68/ €61.45

Day-Ahead NL

€39.87/ €45.82

Day-Ahead BE

€48.99/ €62.86

European Electricity Index – ELIX***

€33.91/ €44.33

Intraday DE/AT (hourly continuous)

€28.97/ €38.69

Intraday 30-minute continuous DE

€29.16/ €38.53

Intraday 15-minute continuous DE

€29.10/ €38.22

Intraday 15-minute call auction DE

€28.27/ €39.49

Intraday FR (hourly continuous)

€49.44/ €60.02

Intraday 30-minute continuous FR

€49.22/ €59.64

Intraday CH (hourly continuous)

€51.58/ €61.58

Intraday 30-minute continuous CH

€51.59/ €61.59

Intraday NL

€41.62/ €49.38

Intraday BE

€51.28/ €67.71

** Peak excl. weekend
*** calculated on the orders of DE/AT/LU, FR & CH under the assumption of unlimited transmission capacity between the markets



The European Power Exchange EPEX SPOT SE and its affiliates operate physical short-term electricity markets in Central Western Europe and the United Kingdom. The creation of a pan-European power market is what defines EPEX SPOT’s mission. In 2016, its 278 members traded 529 TWh – a third of the domestic consumption in the eight countries covered. 49% of its equity is held by HGRT, a holding of transmission system operators. EPEX SPOT is part of EEX Group. For more information, please visit www.epexspot.com.