Power markets boosted by strong wind
Intraday volume up by 43.7% on year
Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 03 March 2020. In February 2020, a total volume of 53.1 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (February 2019: 46.1 TWh).
In February 2020, power trading on the Day-Ahead markets on EPEX SPOT accounted for 43,971,969 MWh (February 2019: 39,763,736 MWh). The French (+25.0%), GB (+23.8%), and German (+9.1%) Day-Ahead markets were boosted by the strong wind and reached 10,957,614 MWh, 4,920,125 MWh and 19,598,313 MWh respectively.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 31% of the time (February 2019: 44%).
On the EPEX SPOT Intraday markets, a total volume of 9,109,172 MWh was traded in February 2020 (February 2019: 6,340,680 MWh). This represents a growth rate of 43.7% on year, with 84.1% on the Belgian, 95.8% on the Dutch, 64.3% on the French, 20.0% on the GB and 45.9% on the German Intraday.
In February, cross-border trades matched between EPEX SPOT members represented 16.0% of the total continuous Intraday volume. 15 minute contracts represented 14.8% 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 from page 4.
In February, EPEX SPOT welcomed GreenYellow Vente d'Energie S.A.S.U. and VSE Aktiengesellschaft as new members of 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 2019, its 302 members traded 593 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. Curious to learn more? Click here: https://www.epexspot.com/en/company-info/History_of_EPEX_SPOT_new