Monthly Power Trading Results October 2024
Amsterdam, Berlin, Bern, Brussels, London, Paris, Vienna, 7 November 2024.
- A total volume of 74.9 TWh was traded on EPEX SPOT markets in October 2024 (October 2023: 65.4 TWh).
EPEX Day-Ahead™
- Power trading on the Day-Ahead markets on EPEX SPOT accounted for 56,288.2 GWh (October 2023: 49,338.6 GWh).
- The Day-Ahead market has reached a new record traded volume in Belgium, Denmark, Great Britain and Sweden.
EPEX Intraday™
- On the EPEX SPOT Intraday markets, a total volume of 18,572.7 GWh was traded (October 2023: 16,117.5 GWh).
- The Intraday market has reached a new record traded volume in continuous in the Netherlands.
- The coupled SIDC Intraday Auctions reached an aggregated volume of 1,680.7 GWh.
EPEX Origin™
- In October 2024, 510.3 GWh were traded on the monthly auction for Guarantees of Origin.
EPEX Capacity™
- Since the beginning of 2024, 16.5 GW were traded on the French Capacity Market.
EPEX SPOT celebrated two years of the Pan-European Guarantees of Origin Spot Auction. Furthermore, the quarterly EPEX SPOT Exchange Council was held and members evaluated the proposals to be brought forward to stakeholders that are part of the Single Day-Ahead Coupling (SDAC), to improve the current fallback processes in case of partial and full decoupling.
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 October, EPEX SPOT welcomed Almape Holdings Limited, Dynamic Energy Trading B.V., Field Gaia Ltd., LCC POWER LTD ROI, Odigo Energy ApS, SystemEnergy ApS, thyssenkrupp Steel Europe AG, UniCredit Bank GmbH and WEMAG AG as new members to the Exchange.
-ENDS
The European Power Exchange EPEX SPOT operates physical electricity markets for the largest trading community in Europe, with over 400 companies connected to our platforms. Committed to innovation, we deliver a full range of services across the value chain of electricity trading, with the highest standards of performance. Our gateway of market solutions include Day-Ahead, Intraday and After-market power trading, Capacity and Guarantees of Origin auctions, Local Flexibility and Data services.
Building on its unique expertise as a co-creator of the Internal Energy Market for electricity, EPEX SPOT’s services span over 19 countries: From power trading across Central Western Europe, the United Kingdom, Switzerland, the Nordics and Poland to Market Operation services in Ireland, Hungary, Montenegro, North Macedonia, Serbia and Slovenia.
As part of EEX Group, a group of companies serving international commodity markets, EPEX SPOT enables a price-responsive power system for consumers and producers alike, to achieve a competitive and climate neutral Europe. 49% of its equity is held by a holding of major European Transmission System Operators.
For more information, please visit www.epexspot.com.