APX Traded Volumes Experience Strong Growth in September

AMSTERDAM/BRUSSELS/LONDON, 2 October 2014

Power spot and clearing exchange APX today announces the volumes of its power markets for the month of September. A total volume of 7.62 TWh was traded and cleared across all markets, exceeding the September ’13 volume by 17%.
A total of 163,001 trades were placed across the APX power spot markets.

The Power NL Day-Ahead auction recorded 3.39 TWh in September. The volumes traded on the Dutch Intraday remained healthy with a total of 108 GWh traded, up by over 150% from September ‘13.
A total of 67,150 trades were registered on the Dutch power market in September.

The Belpex Day-Ahead auction experienced yet another successful month. Volumes traded in September totalled 1.95 TWh, up by over 80% year-on-year. The Belpex Intraday market recorded 73 GWh traded over the month.
A total of 27,998 trades were registered on the Belgian power market.

The Power UK market experienced 14% growth year-on-year and registered a total of 2.1 TWh traded and cleared across the markets. The volumes on the Continuous market reached a total of 1.01 TWh. The Power UK Day-Ahead auction experienced another monthly record with 1.09 TWh traded, up by 53% year-on-year.
The Power UK OTC Bilateral clearing registered 7 GWh.
A total of 67,853 trades were registered on the UK power market in September.

Price Convergence and Day-Ahead Indices

In September, the CWE region had full price convergence for approximately 9% of the time. The Dutch price converged with the German price 18% and with the Belgian price 72% of the time. The Belgian price was converging with the French price 20% of the time.

The Dutch power index for the Day-Ahead Market, APX NL DAM Index, had a monthly average price of €44.10/MWh in September. Belix, the index for the Belpex Day-Ahead Market, had a monthly average price of €46.16/MWh. The UK power index for the Day-Ahead Market, UKPX Auction Base Index, had a monthly average price of £42.96/MWh.

Spot Indices

UKPX RPD Spot Base Load Index (derived from APX Power UK’s Reference Price Data (RPD)) had a high of £50.31/MWh on 1 September and a low of £36.70/MWh on 8 September.
UKPX RPD Spot Industrial Peak Load Index (also RPD-derived) had a high of £57.43/MWh 1 September and a low of £36.49/MWh on 7 September.

– ENDS

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