– Belpex Day-Ahead market records 1.74 TWh, up by 25% from April 2012
– Power UK reaches an all time high; Power UK Day-Ahead Auction volume experiences 130% growth year-on-year
Power spot and clearing exchange APX today announces the volumes of its power markets for the month of April. A total volume of 7.95 TWh was traded and cleared on the exchange, exceeding April 2012 volumes by over 15%.
A total of 155,626 trades were placed across the APX power spot markets.
The volumes traded on the Power NL Day-Ahead auction reached 4.01 TWh, remaining steady year-on-year. The Dutch Intraday market experienced another month of strong volumes with 76 GWh traded.
A total of 77,519 trades were registered on the Dutch power market in April.
The Belpex Day-Ahead auction experienced 25% growth year-on-year by recording 1.74 TWh traded. The Belpex Intraday market also experienced increased volumes from April 2012 with a total of 71 GWh traded.
A total of 25,368 trades were registered on the Belgian power market in April.
The Power UK market recorded an increase in traded volumes reaching an all time monthly high of 2.05 TWh. A total of 1.15 TWh was traded on the continuous market while the Day-Ahead auction experienced notable growth, reaching another monthly record with 900 GWh traded, exceeding April 2012 volume by 130%.
A total of 52,739 trades were registered on the UK power market in April.
CWE Price Convergence
In April, the entire CWE region had full price convergence for approximately 6% of the time. The Dutch market was connected 84% of the time with at least one neighbouring country (Germany or Belgium) and the Belgian market experienced convergence with a neighbouring market (The Netherlands or France) 96% of the time.
In April, the Dutch power index for the Day-Ahead Market, APX NL DAM Index, had a monthly average price of €56.87/MWh. Belix, the index for the Belpex Day-Ahead Market, had a monthly average price of €57.53/MWh. The UK power index for the Day-Ahead Market, UKPX Auction Base Index, had a monthly average price of £51.51/MWh.
UKPX RPD Spot Base Load Index (derived from APX Power UK’s Reference Price Data (RPD)) had a high of £63.01/MWh on 12 April and a low of £43.46/MWh on 21 April.
UKPX RPD Spot Industrial Peak Load Index (also RPD-derived) had a high of £73.58/MWh on 12 April and a low of £43.89/MWh on 14 April.