AMSTERDAM/BRUSSELS/LONDON, 4 November 2013
Power spot and clearing exchange APX today announces the volumes of its power markets for the month of October. A total of 6.98 TWh was traded and cleared on the exchange.
A total of 148,268 trades were placed across the APX power spot markets.
Volumes traded on the Power NL Day-Ahead auction recorded 3.85 TWh, while the Dutch Intraday market saw 50 GWh traded in October.
A total of 63,664 trades were registered on the Dutch power market in October.
The Belpex Day-Ahead auction recorded 1.16 TWh in October while 43 GWh was traded on the Belpex Intraday market.
A total of 26,986 trades were registered on the Belgian power market.
The Power UK market registered a total of 1.88 TWh, up by 20% year-on-year. The continuous market recorded a total of 1.15 GWh and 728 GWh was traded on the Power UK Day-Ahead auction.
Power UK OTC Bilateral clearing registered 6 GWh.
A total of 57,618 trades were registered on the UK power market in October.
CWE Price Convergence
In October, the entire CWE region had full price convergence for approximately 22% of the time. The Dutch price converged with the German price 23% and with the Belgian price 54% of the time. The Belgian price was converging with the French price 97% of the time.
In October, the Dutch power index for the Day-Ahead Market, APX NL DAM Index, had a monthly average price of €49.84/MWh. Belix, the index for the Belpex Day-Ahead Market, had a monthly average price of €44.80/MWh. The UK power index for the Day-Ahead Market, UKPX Auction Base Index, had a monthly average price of £47.03/MWh.
UKPX RPD Spot Base Load Index (derived from APX Power UK’s Reference Price Data (RPD)) had a high of £55.48/MWh on 3 October and a low of £37.51/MWh on 27 October.
UKPX RPD Spot Industrial Peak Load Index (also RPD-derived) had a high of £67.13/MWh on 3 October and a low of £43.79/MWh on 27 October.