APX Traded Volumes Consistent in November; Power UK Sees Growth

AMSTERDAM/BRUSSELS/LONDON, 3 December 2013

Power spot and clearing exchange APX today announces the volumes of its power markets for the month of November. A total of 6.89 TWh was traded and cleared on the exchange.
A total of 145,638 trades were placed across the APX power spot markets.

Volumes traded on the Power NL Day-Ahead auction recorded 3.59 TWh, while the Dutch Intraday market saw 52 GWh traded in November.
A total of 61,179 trades were registered on the Dutch power market in November.

The Belpex Day-Ahead auction recorded 1.31 TWh in November while 46 GWh was traded on the Belpex Intraday market.
A total of 25,958 trades were registered on the Belgian power market.

The Power UK market registered an increase of 16% year-on-year with a total of 1.89 TWh traded. The continuous market recorded a total of 1.23 TWh and 664 GWh was traded on the Power UK Day-Ahead auction.
Power UK OTC Bilateral clearing registered 7.4 GWh.
A total of 58,501 trades were registered on the UK power market in November.

CWE Price Convergence

In November, the entire CWE region had full price convergence for approximately 17% of the time. The Dutch price converged with the German price 20% and with the Belgian price 64% of the time. The Belgian price was converging with the French price 89% of the time.

Spot Indices

In November, the Dutch power index for the Day-Ahead Market, APX NL DAM Index, had a monthly average price of €53.50/MWh. Belix, the index for the Belpex Day-Ahead Market, had a monthly average price of €49.17/MWh. The UK power index for the Day-Ahead Market, UKPX Auction Base Index, had a monthly average price of £51.67/MWh.

UKPX RPD Spot Base Load Index (derived from APX Power UK’s Reference Price Data (RPD)) had a high of £62.30/MWh on 4 November and a low of £43.45/MWh on 3 November.
UKPX RPD Spot Industrial Peak Load Index (also RPD-derived) had a high of £76.83/MWh on 4 November and a low of £47.97/MWh on 7 November.

– ENDS

APX Press Release December 2013