Paris / Leipzig / Bern / Vienna, 2 June 2015. In May 2015, a total volume of 37.4 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (May 2014: 31.3 TWh). This is the second best result ever recorded on EPEX SPOT’s power markets. The French and the Swiss power markets stood out amongst overall strong results. Switzerland saw records on both the Day-Ahead (2,305,861 MWh, +12.8% over last record) and the Intraday markets (125,209 MWh, +8.4% over previous record). The French power market confirms its strong growth with a year-on-year increase of 59.4% on the Day-Ahead.
Day-Ahead markets
In May 2015, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 33,632,154 MWh (May 2014: 28,699,973 MWh) and can be broken down as follows:
Prices within Central Western Europe, connected within the European Price Coupling, converged 16% of the time (see graphic below).
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 3,746,063 MWh was traded in May 2015 (May 2014: 2,616,964 MWh). The German Intraday market reached a new all-time high, thanks to a rising share of 15-minute contracts.
In May, cross-border trades represented 19.5% of the total continuous Intraday volume. The volume in continuously traded 15-minute contracts reached 378,291 MWh. In May, they represented 12.3% of the volume traded on the German and Swiss continuous Intraday markets.
- ENDS
The European Power Exchange EPEX SPOT SE operates the power spot markets for Germany, France, Austria and Switzerland. EPEX SPOT also provides market operation services for the Hungarian Power Exchange HUPX and coupling services for 4M Market Coupling on behalf of the Slovakian, Hungarian and Romanian Power Exchanges. Since 4 May 2015, EPEX SPOT has become 100% owner of APX Group including Belpex. APX operates the power spot markets for the Netherlands, the United Kingdom and Belgium. EPEX SPOT is a European company (Societas Europaea) based in Paris with branches in Leipzig, Vienna and Bern, as well as offices in Amsterdam, London and Brussels. 275 companies are active on EPEX SPOT and APX. 382 TWh were traded on EPEX SPOTs markets in 2014, and 92 TWh on APX.