Day-Ahead volumes in Austria and Germany-Luxembourg display stable growth
Continuous trading in Great Britain reaches all-time high
Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 06 November 2018. In October 2018, a total volume of 49.4 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (October 2017: 46.6 TWh). This represents a year-on-year growth of 6%.
In October 2018, power trading on the Day-Ahead markets on EPEX SPOT accounted for 41,892,812 MWh (October 2017: 40,029,138 MWh). The prices and volumes for the market areas of Austria and Germany-Luxembourg are calculated separately since 01 October 2018. The Belgian Day-Ahead market registered 79.2% growth year-on-year.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 21% of the time (October 2017: 9%).
On the EPEX SPOT Intraday markets, a total volume of 7,488,842 MWh was traded in October 2018 (October 2017: 6,554,682 MWh). The Intraday segment of France registered 47% of growth and reached a record high of 584,270 MWh. The German Intraday auction broke its record from August and reached 672,452 MWh of traded volume. A new record was also registered on the continuous market in Great Britain: 1,719,000 MWh. The Austrian Intraday market displayed solid growth rate of 21.4%.
In October, cross-border trades matched between EPEX SPOT members represented 9.6% of the total continuous intraday volume. 15-minute contracts represented 14.1% of the volume traded on the German, Austrian, Swiss, Dutch and Belgian continuous Intraday markets.
In October, eleven existing members, out of a total of 287 members, added new market segments to their portfolios.
The European Power Exchange EPEX SPOT SE and its affiliates operate physical short-term electricity markets in Central Western Europe and the United Kingdom. As part of EEX Group, a group of companies serving international commodity markets, EPEX SPOT is committed to the creation of a pan-European power market. In the first half of 2018, 284 TWh have been traded on EPEX SPOT markets. In 2017, its 285 members traded 535 TWh – a third of the domestic consumption in the eight countries covered. 49% of its equity is held by HGRT, a holding of transmission system operators. For more information, please visit www.epexspot.com.
EPEX SPOT – Monthly Figures Report for October 2018