Record volume on UK, overall Intraday markets
Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 1 February 2016. In January 2016, a total volume of 49.41 TWh was traded on EPEX SPOT Day-Ahead and Intraday power markets (January 2015: 47.72 TWh).
Day-Ahead markets
In January 2016, power trading on the Day-Ahead markets on EPEX SPOT (including APX) accounted for a total of 43,965,077 MWh (January 2015: 42,652,741 MWh).
The Power UK Day-Ahead market experienced another month of extraordinary growth and reached a new monthly record with 5,153,435 MWh traded, up by 201% from January 2015. The all-time daily high was reached on 20 January 2016 for delivery on 21 January with a total of 219,362 MWh traded.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 37% of the time (January 2015: 10%).
Intraday markets
On the EPEX SPOT Intraday markets (including APX), a total volume of 5,449,568 MWh was traded in January 2016 (January 2015: 5,068,114 MWh). This is a new overall all-time high on the Intraday markets in Central Western Europe and the UK region (last record from July 2015: 5,342,822 MWh).
In January, cross-border trades represented 12% 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.
New members
In January, EPEX SPOT welcomed Brookfield Renewable Supply 2 Ltd to its Power UK market as a new member to the exchange. Shell Energy Europe Ltd extended its existing EPEX SPOT memberships to the German Intraday 15-minutes auction while E.N.E.R Trading S.p.A. extended its memberships to include the German Intraday market.
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.
