UK and France push power spot volumes

EPEX SPOT power trading results of March 2016

Amsterdam / Bern / Brussels / Leipzig / London / Paris / Vienna, 1 April 2016.

In March 2016, a total volume of 48.1 TWh was traded on EPEX SPOT Day-Ahead and Intraday power markets (March 2015: 46.8 TWh).

Day-Ahead markets

In March 2016, power trading on the Day-Ahead markets on EPEX SPOT (including APX) accounted for a total of 43,004,540 MWh (March 2015: 41,549,177 MWh).

The rapid growth of the volumes traded on the French and the UK Day-Ahead markets continued. Another monthly all-time high was reached in March in the UK with 6,165,284 MWh traded while the new daily record was traded on 28 March 2016 with 231,666 MWh, exceeding the previous record set in January 2016.

Prices in Central Western Europe, connected within the Multiregional Coupling, converged 44% of the time (March 2015: 9%).

Intraday markets

On the EPEX SPOT Intraday markets (including APX), a total volume of 5,084,352 MWh was traded in March 2016 (March 2015: 5,227,957 MWh).
In March, cross-border trades represented 17% of the total continuous Intraday volume in Germany, France, Austria and Switzerland. 15-minute contracts represented 11% of the volume traded on the German, Austrian and Swiss continuous Intraday markets.

More details on volumes and prices are available in the enclosed report on pages 3 and 4.

New members

In March, EPEX SPOT welcomed ENGIE Energy Management S.C.R.L. (former GDF SUEZ Energy Management Trading S.C.R.L.) as a new member to the exchange. ENGIE Energy Management joined the German/Austrian Day-Ahead, French Day-Ahead and Swiss Day-Ahead markets.

– ENDS

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