EEX Group Monthly Volumes - May 2021

    Key figures

    Commodity

    Unit

    May 2021

    May 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

    53
    392
    120
    390
    565

      51
    316
    182
    12
    549

    3%
    24%
    -34%
    >3,000%
    3%

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

    TWh
    TWh
    TWh
    TWh

    123
     97
     1
    221

    113
     62
     17
    192

    9%
    56%
    -94%
    15%

    Environmental Products Europe

    million tonnes
    of CO2

    143

    72

    99%

    Environmental Products US

    contracts

    10,843

    3,117

    248%

    Freight

    lots

    87,919

    71,826

    22%

    Agricultural Products

    contracts

    3,370

    3,389

    -1%

    Please find the detailed figures attached to the press release.

    Key developments in May

    Power 

    • The Power Spot markets, operated by EPEX Spot, increased by 3% in May 2021 to a total volume of 52.7 TWh (May 2020: 51.2 TWh). The Intraday markets mainly contributed to these results, registering a 27% growth to 10.6 TWh (May 2020: 8.4 TWh) and posting new records on the Austrian (416.8 GWh) and Dutch (471.6 GWh) markets.
    • European Power Derivatives markets grew by 24% in May and reached 391.8 TWh (May 2020: 315.5 TWh). While the Spanish (25.8 TWh) and Greek (2.0 TWh) markets posted new highs, the German, Austrian and Swiss markets all reported double-digit growth to 262.0 TWh, 914.2 GWh and 522.5 GWh, respectively. Also, the Belgian and UK Power Futures more than doubled their volumes compared to the same period last year, reporting 481.9 GWh and 415.8 GWh.
    • For Japanese Power Futures, EEX Group reported 389.8 GWh in May, which is a strong increase compared to May 2020 (11.8 GWh) when EEX first launched the products. In less than 12 months, EEX has firmly established itself as the leading venue for Japan Power Futures trading, holding 89% exchange market share between January and May 2021.

    Natural Gas 

    • The European Gas Spot markets reached a volume of 122.6 TWh, reporting a 9% growth compared to the same period last year (May 2020: 112.9 TWh). The Austrian CEGH (+18% to 9.5 TWh), Czech CEGH (+57% to 911.1 GWh), Danish ETF (23% to 968.3 GWh), German NCG (+16% to 22.4 TWh) and French PEG (+44% to 16.9 TWh) all posted a double-digit growth and mainly contributed to this positive trend.
    • The European Gas Derivatives markets increased by 56% to 96.8 TWh (May 2020: 62.1 TWh), mostly driven by the volumes traded in the Dutch TTF (+63% to 79.3 TWh). The growth was also driven by Czech CEGH (1.4 TWh) and German GPL (1.3 TWh) and NCG (7.6 TWh), which all reported a triple-digit growth.

    Environmentals 

    • Resulting from an increased market interest and continuously growing number of trading participants at EEX, trading in Environmentals products in Europe almost doubled to 143.4 million tonnes of CO2, with both the Emissions Spot market (+41% to 66.7 million tonnes of CO2) and the Derivatives market (+208% to 76.7 million tonnes of CO2) reporting outstanding results. While the volumes registered on the Derivatives market tripled thanks to both the Futures (+182%) and the Options (+578%) segments, the Seconday Spot market reported a new record with 18.2 million tonnes of CO2 traded (previous record in April 2017: 13 million tonnes of CO2).
    • The US Environmentals market, operated by Nodal Exchange, reached a total volume of 10,843 contracts traded in May, more than three times the volume traded during the same period last year (May 2020: 3,117 contracts).

    Freight 

    • EEX Dry Freight continued its growth path in May with overall volumes increasing by 22% to 87,919 lots (May 2020: 71,826 lots). These great results were mostly driven by Freight Futures, which grew by 45% to 77,274 lots (May 2020: 53,146 lots).   

    Agricultural Markets 

    • The traded volumes of EEX Dairy products more than doubled to a total 2,565 contracts (May 2020: 1,084 contracts).  

     

    EEX Group provides market platforms for energy and commodity products across the globe and provides access to a network of more than 750 trading participants. The group offers trading in power, natural gas, environmental products, freight, metal and agriculturals as well as subsequent 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 worldwide locations and is part of Deutsche Börse Group. More information: www.eex-group.com 

     

    Contact

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