APX Reaches All-time Monthly Record Volume in December

AMSTERDAM/BRUSSELS/LONDON, 6 January 2015

Power spot and clearing exchange APX today announces the volumes of its power markets for the month of December. An all-time record high total volume of 8.83 TWh was traded and cleared across all markets, up by 27% from December ‘13.
A total of 176,562 trades were placed across the APX power spot markets.

The Power NL Day-Ahead auction remained steady year-on-year and recorded a total of 3.63 TWh traded while 84 GWh was traded on the Dutch Intraday market.
A total of 68,725 trades were registered on the Dutch power market in December.

The Belpex Day-Ahead experienced yet another monthly record with 1.96 TWh traded in December, up by over 50% year-on-year. 75 GWh was traded on the Belpex Intraday market over the month.
A total of 30,923 trades were registered on the Belgian power market.

The volumes traded on the Power UK market experienced another successful month by reaching a record high total of 3.09 TWh traded and cleared. The volumes on the Continuous market reached an all-time high with a total of 1.49 TWh traded, up by 13%. The Power UK Day-Ahead auction also reached its record volume in December with 1.59 TWh traded, up by nearly 190%.
The Power UK OTC Bilateral clearing registered 7 GWh.
A total of 76,914 trades were registered on the UK power market in December.

Price Convergence and Day-Ahead Indices

In December, the CWE region had full price convergence for approximately 14% of the time. The Dutch price converged with the German price 22% and with the Belgian price 72% of the time. The Belgian price was converging with the French price 56% of the time.

The Dutch power index for the Day-Ahead Market, APX NL DAM Index, had a monthly average price of €45.91/MWh in December. Belix, the index for the Belpex Day-Ahead Market, had a monthly average price of €47.68/MWh. The UK power index for the Day-Ahead Market, UKPX Auction Base Index, had a monthly average price of £44.14/MWh.

Spot Indices

UKPX RPD Spot Base Load Index (derived from APX Power UK’s Reference Price Data (RPD)) had a high of £50.95/MWh on 4 December and a low of £34.61/MWh on 20 December.
UKPX RPD Spot Industrial Peak Load Index (also RPD-derived) had a high of £58.03/MWh on 3 December and a low of £41.03/MWh on 21 December.

– ENDS

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