EPEX SPOT trading results of July 2015 - Intraday markets top 4 TWh
Paris / Leipzig / Bern / Vienna, 03 August 2015. In July 2015, a total volume of 37.0 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (July 2014: 30.9 TWh).
For the first time ever, more than 4 TWh were traded on Intraday markets in one month.
Day-Ahead markets
In July 2015, power trading on the Day-Ahead markets on EPEX SPOT accounted for a total of 32,875,367 MWh (July 2014: 28,339,396 MWh).
Prices in Central Western Europe, connected within the European Price Coupling, converged 44% of the time, the highest rate this year so far.
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 4,093,476 MWh was traded in July 2015 (July 2014: 2,515,395 MWh).
Intraday trading volume topped 4 TWh for the first time ever. This evolution underlines the demand for flexible power trading solutions which EPEX SPOT's Intraday markets provide: 15-minute granularity of contracts and a reduced lead-time since 16 July 2015 help traders cope better with the challenges of a transforming power market.
The Swiss Intraday market particularly stood out with 165,103 MWh traded, a 29% jump over the previous all-time high (127,775 MWh in June 2015).
In July, cross-border trades represented 21.3% of the total continuous Intraday volume. 15-minute contracts represented 9.9% of the volume traded on the German and Swiss continuous Intraday markets.
Details on the volumes and prices are available in the monthly report below:
- ENDS
The European Power Exchange EPEX SPOT SE operates the short-term electricity markets for Germany, France, Austria and Switzerland. EPEX SPOT owns 100% of APX Group (including Belpex), operator of the short-term electricity markets for the Netherlands, the United Kingdom and Belgium. Striving for the creation of a European single market for electricity, EPEX SPOT shares its expertise with partners across the continent and beyond. EPEX SPOT is a European company (Societas Europaea) in corporate structure and staff, based in Paris with offices in Amsterdam, Bern, Brussels, Leipzig, London and Vienna. 275 companies trade over 450 TWh of electricity on EPEX SPOT and APX every year – one third of its countries’ electricity consumption. EPEX SPOT is held by EEX Group, part of Deutsche Börse, and European electricity transmission system operators. For more information: www.epexspot.com