In December 2012, a total volume of 29.2 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday markets (December 2011: 30.9 TWh).
Day-Ahead markets
In December 2012, power trading on the Day-Ahead auctions on EPEX SPOT accounted for a total of 27,575,997 MWh (December 2011: 28,338,318 MWh) and can be broken down as follows:
Areas |
Monthly volume |
Monthly volume – previous year |
Price – monthly average |
|
DE/AT |
20,638,868 |
21,654,445 |
35.51 / 53.78 |
|
FR |
5,459,899 |
5,432,163 |
41.985 / 53.562 |
|
CH |
1,477,230 |
1,251,709 |
44.76 / 55.49 |
|
ELIX – European Electricity Index |
36.19 / 52.24 |
* Peak excl. weekend
Prices within the French and the German market, both coupled with Belgium and the Netherlands within the market coupling initiative in Central Western Europe (CWE), converged 50 % of the time.
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 1,630,877 MWh was traded in December 2012 (December 2011: 2,561,079 MWh):
Areas |
Monthly volume |
Monthly volume – previous year |
DE/AT |
1,401,993 |
2,379,882 |
FR |
228,884 |
181,197 |
In December, cross-border trades represented 17 % of the total Intraday volume. Volume in 15-Minute contracts amounted to 76,398 MWh. In December, they represented 5,6 % of the volume traded on the German Intraday market.
On EEX Power Derivatives, the volume in power derivatives trading amounted to 85.1 TWh on December 2012 (December 2011: 65.7 TWh). Please see the EEX press release for more details.
EPEX SPOT SE operates the power spot markets for France, Germany, Austria and Switzerland (Day-Ahead and Intraday). Together these countries account for more than one third of the European electricity consumption. EPEX SPOT SE is a European company (Societas Europaea) based in Paris with a branch in Leipzig. EPEX SPOT counts 202 Exchange Members.
Clearing and settlement of all EPEX SPOT transactions are provided by European Commodity Clearing AG (ECC) based in Leipzig. ECC is the clearing house of EEX and its partner Exchanges.