September volumes grow by 9.5%
Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 03 October 2017. In September 2017, a total volume of 43.7 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (September 2016: 39.9 TWh). This represents a year on year growth of 9.5%, with a 7.9% growth in Day-ahead and a 21.3% growth in Intraday trading.
Day-Ahead markets
In September 2017, power trading on the Day-Ahead markets on EPEX SPOT accounted for 37,918,070 MWh (September 2016: 35,149,574 MWh). The UK Day-ahead market surpassed last month's growth rate and surged to 4,274,954 MWh, a year on year increase of 56.3%.
Prices in Central Western Europe, connected within the Multiregional Coupling, converged 54% of the time (September 2016: 26%).
Intraday markets
On the EPEX SPOT Intraday markets, a total volume of 5,785,358 MWh was traded in September 2017 (September 2016: 4,771,133 MWh). A high interest in Austrian and Swiss flexibility contracts was registered: The Austrian 15-min product displayed a growth rate of 129%, traded volumes of the Swiss 15-minute product grew by 177%.
In September, cross-border trades represented 25.2% of the total continuous intraday volume in Germany, France, Netherlands, Belgium, Austria and Switzerland. 15-minute contracts represented 12.5% of the volume traded on the German, Austrian and Swiss continuous Intraday markets.
New members
In September, EPEX SPOT welcomed UK Power Reserve Limited as new member to the exchange.
- 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 members 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.