Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Strongest Half-Year Volumes Ever On
European Power Exchange EPEX SPOT

Date 20/07/2015

The trend towards short-term power trading is unbroken: In the first half year of 2015, a total volume of 216.6 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets. This is a 16.1% increase compared to the previous year’s volumes (186.6 TWh) and the best half year ever recorded on EPEX SPOT, with every market segment contributing to the growth. In addition, 20.8 TWh were traded on APX markets since 4 May 2015, part of EPEX SPOT since that day.

Day-Ahead markets

From January to June 2015, power trading on the Day-Ahead markets on EPEX SPOT accounted for a total of 195,882,116 MWh (January to June 2014: 172,105,786 MWh). All markets in Germany, France, Austria and Switzerland contributed to this growth. The French power market stood out against these overall strong results with a year-on-year increase of 58.3% on the Day-Ahead, due to the shift of trading volumes towards the free market.

Intraday markets

On the EPEX SPOT Intraday markets, a total volume of 20,784,446 MWh was traded in the first six month of 2015 (January to June 2014: 14,519,046 MWh). This growth of 43.2% is in line with the development of Intraday market volumes over the past few years. Fueled by the German/Austrian Intraday market, on which volumes increased by 48%, Intraday trading has become one of the main pillars for trading of renewable energy sources across Europe. Trading in 15-minute contracts increased significantly through the launch of the 15-minute call auction on the German Intraday market. With the latest reduction of lead-time to 30 minutes locally and to 60 minutes across borders and in Switzerland, Intraday markets are likely to become even more attractive for power traders.

Please find further details on the volumes and prices below:

Volumes

Power Spot Volumes
 

Volume
January-June 2015
MWh

Volume
January-June 2014
MWh

Year on year variation
%

Total

216,666,562

186,624,832

16.1

Day-Ahead

195,882,116

172,105,786

18.8

  Day-Ahead DE/AT

134,638,160

130,585,132

3.1

  Day-Ahead FR

49,864,755

31,503,796

58.3

  Day-Ahead CH

11,379,201

10,016,859

13.6

Intraday

20,784,446

14,519,046

43.2

  Intraday DE/AT

  - thereof hourly continuous DE/AT

  - thereof 15-min continuous DE

  - thereof 15-min call auction DE

18,186,854


14,263,758


2,105,609


1,817,487

12,288,592


10,058,750


2,229,842


0*

48.0


41.8


-5.6


100

  Intraday FR (hourly continuous)

1,947,406

1,717,407

13.4

  Intraday CH

  - thereof hourly continuous

  - thereof 15-min continuous

650,186


628,477


21,709

513,046


488,696


24,350

26.7


28.5


-10.8

* Segment launched in December 2014