EEX Group Monthly Volumes – May 2023

EEX Group reports its May 2023 volumes with the following highlights:
 
 
Power

• The total volume on the global power markets of EEX Group increased by 21% to 648.9 TWh compared to May 2022 (537.9 TWh), with volume increases recorded on its Spot and Derivatives Markets.
• Trading on European Power Spot Markets, operated by EPEX SPOT, increased by 15% in total. Day-ahead market volumes increased by 11%, totaling 43.1 TWh, while the Intraday markets increased by 27% to a volume of 13.8 TWh.
• The European EEX Power Derivatives Markets recorded an increase of 33% which continues the growth trend of the past months. The volume growth was recorded in most of its market areas, which also included German Power Futures (+ 37%), French Power Futures (+ 42 %) and Italian Power Futures (+ 30%).
• The Japanese power futures market continues to grow, achieving triple-digit growth again. Compared to the same month last year, the volume more than tripled to 1.4 TWh (May 2022: 0.4 TWh). From January to May 2023, a total of 7.6 TWh was traded on this market, exceeding the volume of the full year 2022 (6.7 TWh).
• The US Power Derivatives market increased by 6% as against May 2022.

 
 
Natural Gas

• The total trading volume on the EEX Group natural gas markets amounted to 540.5 TWh, a decrease of 7% as against May 2022 (578.9 TWh).
• The European Gas Spot markets went down by 9%. Volumes in the UK gas market area NBP continued to pick up speed, with +385% year-on-year. In short-term trading, both the Danish gas market (ETF) and the Spanish gas market (PVB) reached a new monthly record in May.
• Natural Gas Derivatives markets increased by 7% year-on-year, mainly driven by a 5% increase in the largest market, the Dutch TTF (168.9 TWh) as well as a 145% increase in the French PEG market (41.9 TWh).

 
Freight

• Trading on the EEX Dry Bulk Freight Markets increased overall by 60% to 110,491 contracts compared with the same period last year, with both Freight Options (+ 144%) and Freight Futures (+ 41%) reporting an increase year-on-year.

 
Please find the full report attached as well as on our website.
 
EEX Group builds secure, successful and sustainable commodity markets worldwide – together with its customers. The group offers trading in power, natural gas, environmental products, freight and agriculturals as well as subsequent clearing and registry services, connecting a network of more than 800 trading participants. 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 companies KB Tech and Lacima. Clearing is provided by EEX Group’s clearing houses European Commodity Clearing (ECC) and Nodal Clear. EEX Group is part of Deutsche Börse Group. More information: www.eex-group.com