Short-term power markets grow by 4.6% on year
GB Day-Ahead volume increases by 27.5%
Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 05 May 2020. In April 2020, a total volume of 50.4 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (April 2019: (48.2 TWh), representing an increase of 4.6% on year.
In April 2020, power trading on the Day-Ahead markets on EPEX SPOT accounted for 42,013,825 MWh (April 2019: 40,422,749 MWh). The trading volume on the GB market increased by 27.5% on year.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 32% of the time (April 2019: 54%).
On the EPEX SPOT Intraday markets, a total volume of 8,362,062 MWh was traded in April 2020 (April 2019: 7,737,339 MWh). This represents a year-on-year growth of 8.1%. The German Intraday auction reached a new record with 740,167 MWh traded. On the Austrian, French and German Intraday markets, flexibility products, namely 30 minute and 15 minute contracts, displayed healthy growth rates.
In April, cross-border trades matched between EPEX SPOT members represented 17.2% of the total continuous Intraday volume. 15 minute contracts represented 16.6% 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 enclosed report below.
In April, EPEX SPOT welcomed Alpherg S.p.A and METEO-LOGIC LTD. as new members of 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. 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 2019, its 302 members traded 593 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 celebrated 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