Monthly Power Trading Results of August 2024
Amsterdam / Berlin / Bern / Brussels / London / Paris / Vienna, 4 September 2024
- A total volume of 71.5 TWh was traded on EPEX SPOT markets in August 2024 (August 2023: 57.6 TWh).
EPEX Day-Ahead™
- Power trading on the Day-Ahead markets on EPEX SPOT accounted for 53,534.2 GWh (August 2023: 42,514.0 GWh).
EPEX Intraday™
- On the EPEX SPOT Intraday markets, a total volume of 17,942.8 GWh was traded (August 2023: 15,117.7 GWh).
- The Intraday market has reached a new record traded volume in Intraday continuous in Great Britain.
- The coupled SIDC Intraday Auctions reached an aggregated volume of 1,657.6 GWh.
EPEX Origin™
- In August 2024, 207.6 GWh were traded on the monthly auction for Guarantees of Origin.
EPEX Capacity™
- Since the beginning of 2024, 329 GW were traded on the French Capacity Market.
Furthermore, EPEX SPOT and The European Energy Exchange (EEX) communicated the extension of their Future-to-Spot service (FTS) to the 12 Nordic power market areas from October 2024. Market participants admitted to both power markets will be able to enter bids in the respective Day-Ahead auctions of EPEX SPOT according to their corresponding position in EEX Nordic Zonal Futures, thus generating savings as well as cross-margining benefits.
More details on volumes and prices are available in the enclosed report from page 4. Please note that volumes are calculated by using the common industry standard in electricity and exchange business: For auction trading, the one-sided Market Clearing Volume is listed. For continuous trading, the aggregated sell & buy volume is divided by 2.
Members
In August, EPEX SPOT welcomed BGI Trading Limited, EnSCo Energy Services Company AG, Fnot Energy DMCC, Grid Commodities ApS, Piadeno Green Energy Management GmbH, Quantum Power Trading ApS, and Terra One Climate Solutions GmbH as new members to the Exchange.
-ENDS
The European Power Exchange EPEX SPOT SE and its affiliates operate physical short-term electricity markets in Central Western Europe, the United Kingdom, Switzerland, the Nordics and in Poland. Furthermore, EPEX SPOT newly offers local flexibility markets solution and Guarantees of Origin auctions, to foster the integration of renewable energy sources and to enhance the engagement of consumers and producers in the power market. 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. Over 400 members trade electricity on EPEX SPOT. 49% of its equity is held by HGRT, a holding of transmission system operators. For more information, please visit www.epexspot.com.