Rise of traded volumes on the GB Day-Ahead
French Intraday continues upward trend
Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 03 September 2019. In August 2019, a total volume of 47.7 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (August 2018: 45.5 TWh).
Day-Ahead markets
In August 2019, power trading on the Day-Ahead markets on EPEX SPOT accounted for 40,289,330 MWh (August 2018: 38,316,370 MWh). The Day-Ahead market in Great Britain registered a healthy growth of 21.2% on its hourly auction which reached 3,992,006 MWh. The Swiss Day-Ahead market registered 37.1% growth and reached 2,818,048 MWh.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 40% of the time (August 2018: 61%).
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 7,361,758 MWh was traded in August 2019 (August 2018: 7,180,300 MWh). The French Intraday market broke last month’s record and rose to 739,462 MWh. In addition to this, the Austrian, Belgian and Dutch Intraday markets grew significantly compared to the previous year, by 18.0%, 43.8% and 20.2% respectively.
In August, cross-border trades matched between EPEX SPOT members represented 15.6% of the total continuous Intraday volume. 15 minute contracts represented 14.9% of the volume traded on the German, Austrian, Swiss, Dutch and Belgian continuous Intraday markets.
More details on volumes and prices are available below.
New members
In August, EPEX SPOT welcomed ENERGY.DIS s.r.l and Nidhog ApS as new members to the Exchange.
- 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.
