UK Day-ahead grows by 25.3% year-on-year, Intraday markets by 15.5%
Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 04 July 2017. In June 2017, a total volume of 43.0 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (June 2016: 42.9 TWh).
In June 2017, power trading on the Day-Ahead markets on EPEX SPOT accounted for 37,469,593 MWh (June 2016: 38,099,953 MWh). The German-Austrian-Luxembourgian Day-ahead market recorded a 5.1% growth, while the Day-ahead market in the UK grew by 25.3% year-on-year.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 56% of the time (June 2016: 41%).
On the EPEX SPOT Intraday markets, a total volume of 5,517,233 MWh was traded in June 2017 (June 2016: 4,777,424 MWh). Thirteen out of fourteen Intraday segments have recorded a year-on-year growth in June 2017.
In June, cross-border trades represented 26.7% of the total continuous intraday volume in Germany, France, Netherlands, Belgium, Austria and Switzerland. 15-minute contracts represented 10.8% of the volume traded on the German, Austrian and Swiss continuous Intraday markets.
In June, EPEX SPOT welcomed Energy Global Handel B.V. And EP Commodities a.s. as new members to the exchange. The existing members Eneco Energy trade BV, GETEC Energie AG, BP Gas Marketing Limited and Erova Energy Limited extended their portfolio to additional market segments.
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.