Flexibility contracts grow their importance across markets
Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 6 September 2016. In August 2016, a total volume of 41.6 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (August 2015: 44.5 TWh).
All EPEX SPOT continuous intraday markets witnessed another month of growing volumes.
Day-Ahead markets
In August 2016, power trading on the Day-Ahead markets on EPEX SPOT (including APX) accounted for a total of 36,548,111 MWh (August 2015: 40,024,897 MWh).
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 58% of the time (August 2015: 21%).
Intraday markets
On the EPEX SPOT Intraday markets (including APX), a total volume of 5,082,073 MWh was traded in August 2016 (August 2015: 4,471,629 MWh).
In August, cross-border trades represented 21% of the total continuous Intraday volume in Germany, France, Austria and Switzerland. 15-minute contracts represented 11% of the volume traded on the German, Austrian and Swiss continuous Intraday markets.
New members
In August, EPEX SPOT welcomed a new member to the exchange with Eggborough Power Ltd joining the Power UK market. Furthermore, Engelhart CTP (Switzerland) SA extended its existing membership to the French Intraday market.
- ENDS
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 mem-bers 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.