EEX achieves record volumes in German, Austrian, Italian and Spanish power futures

EEX achieves record volumes in German, Austrian, Italian and Spanish power futures

Exchange also posts significant increases across all other asset classes in portfolio

In September 2018, the European Energy Exchange (EEX) increased volumes on its power derivatives markets by 42% to 377.1 TWh (September 2017: 265.8 TWh) and, as a result, reached the highest monthly volume since November 2016. In particular, record volumes in Phelix-DE Futures (232.8 TWh) and Phelix-AT Futures (0.5 TWh) as well as in Futures for the Italy (62.1 TWh) and Spain (12.2 TWh) contributed to this development. Furthermore, volumes in power options increased by 60% to 12.2 TWh (September 2017: 7.7 TWh).

The September volume comprised 204.6 TWh traded at EEX via Trade Registration with subsequent clearing. Clearing and settlement of all exchange transactions was executed by European Commodity Clearing (ECC).

Emission Allowances

On the EEX markets for emission allowances, the total trading volume increased by 69% to 317.0 million tonnes of CO2 in September (September 2017: 187.8 million tonnes of CO2). The EUA derivatives market accounted for a major share of the total volume with 94.5 million tonnes of CO2 traded in EUA Futures and 149.7 million tonnes of CO2 traded in EUA Options. Primary market auctions contributed 68.6 million tonnes of CO2 to the total volume.

Agricultural Products

Throughout September, trading volumes in agricultural products increased by 24% to 5,230 contracts (September 2017: 4,225 contracts). In the dairy segment, the volume reached 3,923 contracts (equal to 19,715 tonnes) which is a new monthly record in this market. In processing potatoes, volumes amounted to 1,307 contracts (equal to 32,675 tonnes).

Global Commodities

In freight futures which are available for trade registration, EEX volumes increased by almost 200% to 4,880 contracts (September 2017: 1,685 contracts). This is the second-highest volume in this market so far after the record month in May 2017.

New Participants

In September, EEX admitted C.U.Ra. Consorzio Utilities Ravenna S.c.r.l., Ravenna (Italy) and MFT Energy A/S, Aarhus (Denmark) as new trading participants. The recognition as Non-Trading Broker was extended to the power derivatives market for Evolution Markets Ltd., London and to the derivatives market for emission allowances for ICAP Energy Limited, London.The membership of Marex Financial Limited (London) was extended to the spot and derivatives market for emission allowances. In addition, Ital Green Energy S.r.l.(Verona) became a new participant in the power derivates market. EEX welcomes six new members for trading in UK Power Futures, including Priogen Holding B.V., GFI Securities Limited, DXT Commodities SA, Trailstone GmbH, Trailstone Commodity Trading UK Ltd. and Uniper Global Commodities SE.

The European Energy Exchange (EEX) is the leading energy exchange in Europe which develops, operates and connects secure, liquid and transparent markets for energy and related products. As part of EEX Group, a group of companies serving international commodity markets, EEX offers contracts on Power and Emission Allowances as well as Freight and Agricultural Products. EEX is part of Deutsche Börse Group.

 

Contact:

EEX Public Relations         
T +49 341 2156-300 (Leipzig) | +44 207 862-7568 (London)
presse@eex.com | www.eex.com

Augustusplatz 9 | D-04109 Leipzig

EEX – Monthly Figures Report for September 2018

Volumes

Power Derivatives Market

Monthly volume

 

MWh

Monthly volume – previous year

MWh

Total

377,137,156

265,766,107

Phelix-DE Futures

232,765,664

35,074,871

Phelix-AT Futures

541,431

0

Phelix DE/AT Futures

2,925,122

132,441,593

French Futures

39,064,711

35,020,644

Italian Futures

62,053,043

40,861,065

Spanish Futures

12,167,751

5,766,757

Dutch Futures

1,790,206

1,698,793

Further markets

13,666,378

7,192,864

Options markets

12,162,850

7,709,520


CO2 Emissions Market

Monthly volume


tonnes of CO2

Monthly volume – previous year

tonnes of CO2

Total

317,008,000

187,845,000

EUA Spot Market

- thereof: Primary Market Auctions

- thereof: Secondary Market

71,827,000

67,607,000

4,220,000

88,290,000

83,217,000

5,073,000

EUAA Spot Market

958,000

1,078,000

CER Spot Market

30,000

40,000

EUA Futures

94,523,000

98,437,000

EUA Options

149,670,000

0

 

 

Agricultural Products

Monthly volume

 

Number of contracts

Monthly volume
– previous year

Number of contracts

Total

5,230

4,225

Processing Potatoes

1,307

2,078

Dairy Products

3,923

2,147

 

 

Global Commodities

Monthly volume

 

Number of contracts

Monthly volume
– previous year

Number of contracts

Freight Futures

4,880

1,685

 


Prices and Indices

 

09/2018

Phelix-DE Futures – Settlement Price for base load contract

with delivery in 2019 (in €/MWh)

53.71

Phelix-DE Futures – Settlement Price for peak load contract

with delivery in 2019 (in €/MWh)

65.55

Settlement Price on EUA Derivatives Market

in Dec 2018 contract (min. / max.) in €/EUA

18.91 / 25.24