September volumes grow by 9.5%
Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 03 October 2017. In September 2017, a total volume of 43.7 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (September 2016: 39.9 TWh). This represents a year on year growth of 9.5%, with a 7.9% growth in Day-ahead and a 21.3% growth in Intraday trading.
In September 2017, power trading on the Day-Ahead markets on EPEX SPOT accounted for 37,918,070 MWh (September 2016: 35,149,574 MWh). The UK Day-ahead market surpassed last month's growth rate and surged to 4,274,954 MWh, a year on year increase of 56.3%.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 54% of the time (September 2016: 26%).
On the EPEX SPOT Intraday markets, a total volume of 5,785,358 MWh was traded in September 2017 (September 2016: 4,771,133 MWh). A high interest in Austrian and Swiss flexibility contracts was registered: The Austrian 15-min product displayed a growth rate of 129%, traded volumes of the Swiss 15-minute product grew by 177%.
In September, cross-border trades represented 25.2% of the total continuous intraday volume in Germany, France, Netherlands, Belgium, Austria and Switzerland. 15-minute contracts represented 12.5% of the volume traded on the German, Austrian and Swiss continuous Intraday markets.
In September, EPEX SPOT welcomed UK Power Reserve Limited as new member to the exchange.
The European Power Exchange EPEX SPOT SE and its affiliates operate physical short-term electricity markets in Central Western Europe and the United Kingdom. The creation of a pan-European power market is what defines EPEX SPOT’s mission. In 2016, its 278 members traded 529 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. EPEX SPOT is part of EEX Group. For more information, please visit www.epexspot.com.