Power Trading Results in August 2013 - August volume climbs 9% year-on-year
Paris, 3 September 2013. In August 2013, a total volume of 28.8 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets. This is an increase of 8.9% compared to the monthly volume a year ago (August 2012: 26.4 TWh). All market segments contributed to the growth, which is proof for the central role of EPEX SPOT and its services in European power trading.
Day-Ahead markets
In August 2013, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 26,755,356 MWh (August 2012: 24,953,249 MWh) and can be broken down as follows:
|
Areas |
Monthly volume |
Monthly volume – previous year |
Price – monthly average |
|
|
DE/AT |
20,428,725 |
19,231,250 |
38.23 / 47.59 |
|
|
FR |
4,525,800 |
4,325,750 |
35.18 / 45.36 |
|
|
CH |
1,800,831 |
1,396,249 |
37.25 / 46.08 |
|
|
ELIX – European Electricity Index |
34.87 / 44.29 |
|||
* Peak excl. weekend
Prices within the French and the German market, both coupled with the Benelux markets within Central Western Europe (CWE), converged 65% of the time.
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 2,027,165 MWh was traded in August 2013 (August 2012: 1,472,331 MWh).
|
Areas |
Monthly volume MWh |
Monthly volume – previous year MWh |
|
DE/AT |
1,778,089 |
1,334,549* |
|
FR |
175,299 |
137,782 |
|
CH |
73,777 |
0** |
* without Austrian market, which was launched in October 2012 // ** Swiss market launched in June 2013
In August, cross-border trades represented 20.8% of the total Intraday volume. Volume in 15-Minute contracts amounted to 299,523 MWh. In August, they represented 16.6% of the volume traded on the German and Swiss Intraday market.
***
The European Power Exchange EPEX SPOT SE operates the power spot markets for France, Germany, Austria and Switzerland (Day-Ahead and Intraday). Together these countries account for more than one third of the European power consumption. EPEX SPOT is a European company (Societas Europaea) based in Paris with a branch in Leipzig. 229 TWh were traded on EPEX SPOT’s power markets in the first eight months of 2013.