Paris, 3 March 2014. In February 2014, a total volume of 30.6 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (February 2013: 26.8 TWh). This is the best February volume recorded on EPEX SPOT’s markets since its creation five years ago and corresponds to a 14.2% year-on-year growth. The increase is due to strong results on the German/Austrian Day-Ahead and Intraday markets and record volumes on the French and Swiss Intraday.
Day-Ahead markets
In February 2014, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 28,336,538 MWh (February 2013: 25,359,672 MWh) and can be broken down as follows:
Prices within the French and the German market, both coupled with the Benelux markets within Central Western Europe (CWE), converged 45% of the time.
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 2,258,530 MWh was traded in February 2014 (February 2013: 1,442,034 MWh).
Trading volume on the Swiss Intraday market registered a new all-time high. The new record is a 14% jump from previous record in October 2013 (83,906 MWh). The same applies for the French Intraday: The February 2014 volume is a 2.3% increase from previous all-time high in March 2013 (329,260 MWh).
In February, cross-border trades represented 18.3% of the total Intraday volume. Volume in 15-Minute contracts amounted to 309,543 MWh, which is a new all-time high. In February, they represented 16.4% 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 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 branches in Leipzig and Vienna. In 2013, 346 TWh were traded on EPEX SPOT’s markets.