EPEX SPOT / EEX Power Derivatives: Power Trading Results in December2012/01/04
In December 2011, a total volume of 30.9 TWh was traded on EPEX SPOT’s auction and intraday markets (December 2010: 26.2 TWh).
During the same period, the volume in power derivatives trading on EEX Power Derivatives amounted to 65.7 TWh in December (December 2010: 84.4 TWh).
In December 2011, power trading on the day-ahead auctions on EPEX SPOT accounted for a total of 28,338,318 MWh (December 2010: 24,970,420 MWh) and can be broken down as follows:
|Areas||Volume MWh||Volume for the|
previous year MWh
|Base/peak on a monthly average|
(peak excl. weekends)
|D/A||21,654,445||18,994,479||42.90 / 53.47|
|FR||5,432,163||5,078,011||45.100 / 54.200|
|CH||1,251,709||897,931||59.21 / 68.33|
|ELIX - European Electricity Index||44.58 / 54.96|
On the Intraday market of EPEX SPOT a total volume of 2,561,079 MWh was traded in December (same month of the previous year: 1,231,704 MWh):
- Germany 2,379,882 MWh (December 2010: 1,102,501 MWh)
- France 181,197 MWh (December 2010: 129,203 MWh)
In December, cross-border trades represented 8 percent of the total Intraday volume.
Throughout the entire year 2011, 313.9 TWh were traded on all EPEX SPOT markets (2010: 278.9 TWh).
The volume in power derivatives trading on EEX Power Derivatives amounted to 65.7 TWh in December (December 2010: 84.4 TWh). The total volume includes 2.5 TWh from trading in French Futures. The total derivatives trading volume comprises 31.8 TWh from OTC clearing. On 30 December 2011, the open interest amounted to 546.6 TWh. On the Power Derivatives Market, the base load for the year 2012 was quoted at EUR 52.05 per MWh (Germany) and at EUR 50.59 per MWh (France) on 28 December 2011. The peak load price for the year 2012 amounted to EUR 63.33 per MWh (Germany) and to EUR 63.00 per MWh (France).
EEX Power Derivatives GmbH operates the German and the French Power Derivatives Market and, hence, occupies a central position in power trading in Continental Europe: Market participants can trade financial settled power futures for Germany (Phelix-Futures) and France (French Futures) as well as options on Phelix Futures. EEX AG holds 80 % of the shares in the company while the French Powernext SA holds the remaining 20 %.
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 is a Paris-based company under European law (Societas Europaea) with a branch in Leipzig. A volume of 313.9 TWh has been traded in 2011 on the EPEX SPOT power markets.
Clearing and settlement of all EPEX SPOT and EEX Power Derivatives transactions are provided by European Commodity Clearing AG (ECC), based in Leipzig, the clearing house of EEX and its partner exchanges.
|Press release||93.7 kB|