Power Trading Results in August 2014 - August volumes surge to 1 TWh daily, 8% year-on-year

Paris / Leipzig / Bern / Vienna, 1st September 2014. In August 2014, a total volume of 31.1 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (August 2013: 28.8 TWh). This is the best August volume ever recorded on EPEX SPOT’s markets and corresponds to an increase of 8% year-on-year. August 2014 saw a daily average of more than 1 TWh of traded volume, a growth that has been observed on EPEX SPOT’s markets for several months since the beginning of the year. All market segments have contributed to this development.

Day-Ahead markets

In August 2014, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 28,581,300 MWh (August 2013: 26,755,356 MWh) and can be broken down as follows:

day ahead 08 2014

Prices within the German and the French market, both coupled within the Multi-Regional Coupling, converged 41% of the time. 

Intraday markets

On the EPEX SPOT Intraday markets, a total volume of 2,510,167 MWh was traded in August 2014 (August 2013: 2,027,165 MWh).

intraday 08 2014

In August, cross-border trades represented 16.1% of the total Intraday volume. The volume in 15-minute contracts on the German and Swiss Intraday markets reached another all-time high and climbed to 487,807 MWh. It is a 3% increase from the previous record in July 2014 (475,658 MWh). In August, they represented 20.9% – more than one fifth – of the volume traded on the German and Swiss Intraday markets.

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The European Power Exchange EPEX SPOT SE operates the power spot markets for Germany, France, Austria and Switzerland (Day-Ahead and Intraday). Together these countries account for more than one third of the European power consumption. EPEX SPOT also acts as market operating service provider for the Hungarian Power Exchange HUPX and operates the coupling between the Czech, the Slovak, the Hungarian and soon the Romanian markets on behalf of the local Exchanges. It is a European company (Societas Europaea) based in Paris with branches in Leipzig, Bern and Vienna. Over 220 companies from Europe are active on EPEX SPOT. 249 TWh were traded on EPEX SPOT’s power markets in the first eight months of 2014.