Rise in liquidity on French and GB auctions

Intraday markets grow by 15.7% on year

Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 03 December 2019. In November 2019, a total volume of 46.8 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (November 2018: 46.9 TWh).

Day-Ahead markets

In November 2019, power trading on the Day-Ahead markets on EPEX SPOT accounted for 38,720,108 MWh (November 2018: 40,005,162 MWh). The French Day-Ahead market grew by 15.4% on year. Traded volume on the half-hourly auction in Great Britain (GB) rose by 13.9% and reached 335,151 MWh.

Prices in Central Western Europe, connected within the Multiregional Coupling, converged 39% of the time (November 2018: 22%).

Intraday markets

On the EPEX SPOT Intraday markets, a total volume of 8,032,489 MWh was traded in November 2019 (November 2018: 6,940,086 MWh), representing a rise of 15.7%. Liquidity rose significantly on the two GB Intraday auctions reaching a combined 109,837 MWh, which represents a 179.9% growth on year.

In November, cross-border trades matched between EPEX SPOT members represented 14.6% of the total continuous Intraday volume. 15 minute contracts represented 13.7% of the volume traded on the German, Austrian, Swiss, Dutch and Belgian continuous Intraday markets.

More details on volumes and prices are available in the report below.

New members

In November, the following Exchange members were admitted to new market segments: Adela Energy Limited, Energy Global Handel BV, MFT Energy A/S, Nidhog ApS.

-ENDS

The European Power Exchange EPEX SPOT SE and its affiliates operate physical short-term electricity markets in Central Western Europe and the United Kingdom. As part of EEX Group, a group of companies serving international commodity markets, EPEX SPOT is committed to the creation of a pan-European power market. In the first half of 2019, 300 TWh were traded on EPEX SPOT markets. In 2018, its 289 members traded 567 TWh – a third of the domestic consumption in the eight countries covered. 49% of its equity is held by HGRT, a holding of transmission system operators. For more information, please visit www.epexspot.com.

In 2019, EPEX SPOT celebrates 10 years of power, the company’s tenth anniversary. Curious to learn more? Click here: https://www.epexspot.com/en/company-info/History_of_EPEX_SPOT_new

EPEX SPOT – Monthly Figures Report for November 2019