Members extend their portfolio and access new capacity market
Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 3 January 2017. In December 2016, a total volume of 43.5 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (December 2015: 52.2 TWh).
Day-Ahead markets
In December 2016, power trading on the Day-Ahead markets on EPEX SPOT accounted for 37,876,518 MWh (December 2015: 46,917,768 MWh).
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 7% of the time (December 2015: 30%).
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 5,621,733 MWh was traded in December 2016 (December 2015: 5,284,697 MWh). This represents an all-time high for overall intraday market volumes, due to the all-time high in volumes on the German and Austrian continuous market.
In December, cross-border trades represented 17% of the total continuous intraday volume in Germany, France, Netherlands, Belgium, Austria and Switzerland. 15-minute contracts represented 9% of the volume traded on the German, Austrian and Swiss continuous intraday markets.
Capacity Auction
EPEX SPOT launched the first auction of the French Capacity Market on 15 December 2016. 22,634 MW in capacity guarantees were traded for 9,999.80 €/MW.
New members
In December, EPEX SPOT welcomed Smart Grid Energy SAS and Gaelectric Interconnector Trading ROI Ltd. as new members to the exchange. Five members extended their activities to new market segments and 28 existing members have been admitted to the French Capacity Market, which illustrates a considerable interest in the auction of capacity guarantees organized by EPEX SPOT in December 2016.
- ENDS
The European Power Exchange EPEX SPOT SE and its affiliates operate physical short-term electricity markets in Central Western Europe and the United Kingdom. The creation of a pan-European power market is what defines EPEX SPOT’s mission. In 2016, its 278 mem-bers traded 529 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. EPEX SPOT is part of EEX Group. For more information, please visit www.epexspot.com.
