EEX Group Monthly Volumes - April 2021

    Key figures

    Commodity

    Unit

    April 2021

    April 2020

    Change

    Power Spot Market Europe
    Power Derivatives Market Europe
    Power Derivatives Market US
    Power Derivatives Market Japan
    Power Total

    TWh
    TWh
    TWh
    GWh
    TWh

    52
    330
    215
    448
    598

      51
    484
    178
    n/a
    714

    1%
    -32%
    20%
     n/a
    -16%

    Gas Spot Market Europe
    Gas Derivatives Market Europe
    Gas Derivatives Market US
    Natural Gas Total

    TWh
    TWh
    TWh
    TWh

    155
     66
     0
    221

    125
     90
     1
    216

    24%
    -32%
    -100%
    3%

    Environmental Products Europe

    million tonnes
    of CO2

    112

    80

    39%

    Environmental Products US

    contracts

    21,359

    8,336

    156%

    Freight

    lots

    100,810

    63,740

    58%

    Agricultural Products

    contracts

    5,146

    5,006

    3%

    Please find the detailed figures attached to the press release.

     

    Key developments in April 

    Power 

    • The Power Intraday Markets, operated by EPEX Spot, increased by 28% in April 2021, reaching a volume of 10.7 TWh (April 2020: 8.4 TWh). The German and Danish Intraday markets reached new monthly records with 6.1 and 0.2 TWh traded (previous records: 5.9 TWh in October 2020 and 0.2 TWh in January 2021), while on the Day-Ahead segments, the Swedish (1.7 TWh) and Polish (0.2 TWh) market areas reached record volumes as well.
    • Volumes across the European Power Derivatives Markets declined in comparison to a very strong April 2020 volume. Against the overall trend, EEX recorded volume increases in its UK (+86%), Nordic (+147%) and Austrian Power Futures (+114%).
    • The trading volume in the US Power Derivatives Market, operated by Nodal Exchange, increased by 20% to 215 TWh. At the end of April, Nodal achieved a new record power futures open interest with 1,076 TWh per side (equivalent to the electricity consumption of 101 million homes for a year in the USA), representing 51.5% market share which is also a new record.
    • The Japanese power offering of EEX Group also continued its positive development with a volume of 448 GWh traded during the last month.

    Natural Gas 

    • The European Gas Spot Markets reached a volume of 155 TWh which marks an increase of 24% compared to the same period last year (April 2020: 125.0 TWh). In April, EEX recorded increases across almost all spot markets, in particular reaching double-digit growth in France (PEG +67%), Germany (GASPOOL and NCG, both +48%), Denmark (ETF +61%) and Austria (CEGH +78%). The latter posted a new monthly record with 12.7 TWh (previous record: 10.5 TWh in January 2021). The Czech CEGH gas hub increased by 185% to 1.5 TWh, continuing its positive trend.
    • In an overall declining European Gas Derivatives Market, the volumes traded in the German NCG hub more than doubled to 6.6 TWh (April 2020: 3.1 TWh), while the Italian PSV reported a double-digit growth to 1.2 TWh (April 2020: 990.6 GWh).

    Environmentals

    • Trading in Environmental Products in Europe increased by 39% to 112 million tonnes of CO2 traded during the last month. Both the Emissions Spot Market (+36%) and the Derivatives Market (+46%) contributed to this result. Trading on the Spot Secondary Market, reached a volume of 12 million tonnes of CO2 which marks a significant increase of 295%.
    • The US Environmental Market, operated by Nodal Exchange, also continued its growth path with 21,359 contracts traded (+156%), achieving its second highest monthly volume (highest volume: 29,580 contracts in February 2021).

    Freight 

    • EEX Dry Freight continued to achieve significant gains in April with overall volumes increasing by 58% to 100,810 lots. In addition to posting its second highest volume ever (record: 125,109 lots in March 2021), the business also set a new record in Open Interest achieving a maximum of 356,715 lots. Furthermore, in April, EEX expanded its range of products for the Dry Bulk Freight market with the launch of Handysize 7TC Freight Futures which has seen consistent trading since launching on 19th April.

    Agricultural Markets

    • The EEX Agricultural markets increased by 3%, reaching a total trading volume of 5,146 contracts in April 2021. This development was driven by a strong performance of the European Dairy Futures which rose by 29% (3,148 contracts).


    EEX Group provides market platforms for energy and commodity products across the globe and connects a network of more than 750 trading participants. The group offers trading in power, natural gas, environmental products, freight, and agriculturals as well as clearing and registry services. EEX Group consists of European Energy Exchange (EEX), EPEX SPOT, EEX Asia, Power Exchange Central Europe (PXE) and Nodal Exchange as well as the registry provider Grexel Systems and software company KB Tech. Clearing is provided by EEX Group’s clearing houses European Commodity Clearing (ECC) and Nodal Clear. EEX Group is based in 17 locations worldwide and is part of Deutsche Börse Group. More information: www.eex-group.com

    Contact

    EEX Public Relations
    T +49 341 2156-216 | T + 33 1 73 03 76 52
    presse@eex.com