Power Trading Results in November 2014 - German Intraday volumes continue to thrive
Paris / Leipzig / Bern / Vienna, 1st December 2014. In November 2014, a total volume of 33.1 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (November 2013: 29.0 TWh).
Pushed by a strong result in Germany, the total volume on the Intraday markets operated by EPEX SPOT grew to 2,737,839 MWh and reached a new all-time high. These figures illustrate the increasing need for flexible short-term power trading solutions which EPEX SPOT continues to provide.
Furthermore, the French Day-Ahead saw a record volume for the second month in a row.
In November 2014, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 30,353,391 MWh (November 2013: 27,054,989 MWh) and can be broken down as follows:
Prices within the German and the French market, both coupled within the Multi-Regional Coupling, converged 60% of the time.
On the EPEX SPOT Intraday markets, a total volume of 2,737,839 MWh was traded in November 2014 (November 2013: 1,949,524 MWh).
In November, cross-border trades represented 20.8% of the total Intraday volume. The volume in 15-minute contracts reached 398,580 MWh. In November, they represented 16.9% of the volume traded on the German and Swiss Intraday markets.
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 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. 344 TWh were traded on EPEX SPOT’s power markets in the first eleven months of 2014.