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Power UK breaks another record, German Intraday continues its strong performance

Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 1 March 2016. In February 2016, a total volume of 47.7 TWh was traded on EPEX SPOT Day-Ahead and Intraday power markets (February 2015: 43.1 TWh).

Day-Ahead markets

In February 2016, power trading on the Day-Ahead markets on EPEX SPOT (including APX) accounted for a total of 42,671,969 MWh (February 2015: 38,934,743 MWh).

The rapid growth of the volumes traded on the Power UK Day-Ahead market continued. Another monthly all-time high was reached in February with 5,373,509 MWh traded, up from 3,588,436 MWh in February 2015 and slightly above last month’s record.

Prices in Central Western Europe, connected within the Multiregional Coupling, converged 37% of the time (February 2015: 11%).

Intraday markets

On the EPEX SPOT Intraday markets (including APX), a total volume of 5,077,125 MWh was traded in February 2016 (February 2015: 4,138,703 MWh).

Strong growth was seen on the German/Austrian Intraday markets where the total volume increased by 40%, reaching a total of 3,265,700 MWh traded.

In February, cross-border trades represented 14% of the total continuous Intraday volume in Germany, France, Austria and Switzerland. 15-minute contracts represented 9% of the volume traded on the German, Austrian and Swiss continuous Intraday markets.

Details on volumes and prices are available below.

New members

In February, EPEX SPOT welcomed new members to its markets. Next Kraftwerke GmbH extended its existing EPEX SPOT memberships to the French Intraday and Day-Ahead auction. Macquarie Bank Ltd extended its memberships to include the German Intraday 15-minutes call auction.

- ENDS

The European Power Exchange EPEX SPOT SE and its affiliates operate organised short-term electricity markets for Germany, France, United Kingdom, the Netherlands, Belgium, Austria, Switzerland and Luxembourg; markets representing 50% of European electricity consumption. Striving for the well-functioning European single market for electricity, EPEX SPOT shares its expertise with partners across the continent and beyond. EPEX SPOT is a European company (Societas Europaea) in corporate structure and staff, based in Paris with offices or affiliates in Amsterdam, Bern, Brussels, Leipzig, London and Vienna. More than 280 companies have traded 566 TWh of electricity on EPEX SPOT and its affiliates in 2015. EPEX SPOT is member of EEX Group, part of Deutsche Börse. European electricity transmission system operators hold 49% of EPEX SPOT through HGRT. For more information, please visit www.epexspot.com.

volumes 02 2016prices 02 2016