German-Austrian Day-ahead grows by 14.4%
Intraday markets reach all-time high
Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 03 November 2017. In October 2017, a total volume of 46.6 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (October 2016: 42.6 TWh). This represents a year on year increase of 9.2%.
In October 2017, power trading on the Day-Ahead markets on EPEX SPOT accounted for 40,029,138 MWh (October 2016: 37,467,681 MWh). The German-Austrian Day-ahead market registered a 14.4% growth. The UK Day-ahead market continued its growth trend registered over the past months and reached 5,000,619 MWh. This represents a year on year growth of 78.2%, with a new monthly record for the UK half-hour auction.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 9% of the time (October 2016: 12%).
On the EPEX SPOT Intraday markets, a total volume of 6,554,682 MWh was traded in October 2017 (October 2016: 5,180,512 MWh), which surpasses the last record registered in March 2017 by 6%.
In October, cross-border trades represented 12.9% of the total continuous intraday volume in Germany, France, Netherlands, Belgium, Austria and Switzerland. 15-minute contracts represented 12.5% of the volume traded on the German, Austrian and Swiss continuous Intraday markets.
In October, EPEX SPOT welcomed Nano Energies Trade s.r.o., Inercomp GmbH, ArcelorMittal Energy SCA and e-PANGO as new member to the exchange.
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 members 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.