New monthly record on EPEX Intraday
Volumes on British, French, and German continuous markets climb to new record high
Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 06 November 2019. In October 2019, a total volume of 49.0 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (October 2018: 49.4 TWh).
In October 2019, power trading on the Day-Ahead markets on EPEX SPOT accounted for 40,478,219 MWh (October 2018: 41,892,812 MWh). Traded volume on the GB Day-Ahead market rose by 28.1% and climbed to 5,520,104 MWh.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 45% of the time (October 2018: 21%).
On the EPEX SPOT Intraday markets, a total volume of 8,557,090 MWh was traded in October 2019 (October 2018: 7,488,842 MWh) representing a new monthly record with a rise of 14.3% year-on-year. This was driven by strong growth rates on the continuous Belgian (91.9%), French (30.2%), German (12.2%) and Dutch (131.4%) markets. On the French, GB and German continuous market the reached traded volumes were new monthly records.
In October, cross-border trades matched between EPEX SPOT members represented 16.2% of the total continuous Intraday volume. 15 minute contracts represented 15.5% of the volume traded on the German, Austrian, Swiss, Dutch and Belgian continuous Intraday markets.
More details on volumes and prices are available in the enclosed report below.
In October, EPEX SPOT welcomed Alphataraxia Europium BV, innogy Commodity Markets GmbH, MaxiCommodities, a.s. and Equinicity Limited as new members 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. 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 2019, 300 TWh were traded on EPEX SPOT markets. In 2018, its 289 members traded 567 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.
In 2019, EPEX SPOT celebrates 10 years of power, the company’s tenth anniversary. More information about our history, along with a thank you message from our staff, is available here: https://www.epexspot.com/en/company-info/History_of_EPEX_SPOT_new
EPEX SPOT – Monthly Figures Report for October 2019