New record set on French Intraday market
Belgian market continues growth path
Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 04 December 2018. In November 2018, a total volume of 46.9 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (November 2017: 43.4 TWh). This represents a year-on-year growth of 8.1%.
In November 2018, power trading on the Day-Ahead markets on EPEX SPOT accounted for 40,005,162 MWh (November 2017: 37,519,558 MWh). The Belgian Day-Ahead market registered a year-on-year growth rate of 51.6%.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 22% of the time (November 2017: 8%).
On the EPEX SPOT Intraday markets, a total volume of 6,940,086 MWh was traded in November 2018 (November 2017: 5,893,423 MWh). In accordance with the developments on the Day-Ahead timeframe, Belgian Intraday trading registered an equally impressive growth rate of 54.5%. Traded volumes on the French Intraday market broke the record set last month and reached 651,698 MWh, which represents a year-on-year growth rate of 82.9%.
In November, cross-border trades matched between EPEX SPOT members represented 11.5% of the total continuous intraday volume. 15-minute contracts represented 13.1% of the volume traded on the German, Austrian, Swiss, Dutch and Belgian continuous Intraday markets.
In November, EPEX SPOT welcomed Arenko Cleantech Limited, EDPR France Holding, Exelon Generation Limited, Limejump Energy Limited and Smart@energy 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. 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 November 2018