EEX reaches new records on derivatives markets for dairy and emission allowances
In December 2016, the European Energy Exchange (EEX) has reached a volume of 287.4 TWh on its power derivatives markets. Compared with the previous year, the total volume rose by 23% (December 2015: 233.6 TWh).
At 205.2 TWh, Power Futures for Germany/Austria contributed the largest share to the total volume. Compared to the previous year, volumes in this market increased by 43% (December 2015: 143.8 TWh). Also the Spanish market recorded significant growth with a volume of 6.7 TWh which corresponds to an increase of 52% (December 2015: 4.4 TWh).
The December volumes comprised 142.3 TWh registered at EEX for clearing. Clearing and settlement of all transactions was executed by European Commodity Clearing (ECC).
Emission Allowances
On the EEX Market for emission allowances, a total volume of 117.6 million tonnes of CO2 was traded in December which is twice as much as the volume of December 2015 (48.9 million tonnes of CO2). In particular, the EUA derivatives market contributed to this increase with a new monthly record of 79.5 million tonnes of CO2 and a 5-fold increase compared to the previous year (December 2015: 14.8 million tonnes of CO2). Furthermore, 36.2 million tonnes of CO2 were sold in the primary market auctions.
Agricultural Products
In December, a total of 5,046 contracts was traded in agricultural products at EEX which means that the volume has more than doubled compared to the previous year (December 2015: 2,585 contracts). In particular, the dairy segment of EEX contributed to this development where, for the first time, more than 10,000 tonnes of goods equivalent were traded (2,563 contracts, equal to 12,815 tonnes). Compared to the previous year, this represents an increase of 175 percent (December 2015: 932 contracts, 4,660 tonnes).
New Participants
In November, EEX admitted Edlo Energy S.p.A., Milan, and Slovenský plynárenský priemysel, a.s., Bratislava, as new trading participants. Furthermore, ED&F Man Capital Markets Limited, London, has extended its admission to trading on the derivatives market for power as well as on the spot and derivatives market for emission allowances.
The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and commodity products. At EEX, contracts on Power, Coal and Emission Allowances as well as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX, EPEX SPOT, Powernext, Cleartrade Exchange (CLTX), Gaspoint Nordic and Power Exchange Central Europe (PXE) are also part of EEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC). EEX is part of Deutsche Börse Group.
For more information: www.eex.com
Contact:
EEX Public Relations
Phone: +49 341 21 56 300 (Leipzig)
Phone: +44 20 7862 7568 (London)
E-Mail: presse@eex.com
www.eex.com
Augustusplatz 9 | 04109 Leipzig