APX Experiences a Successful Month: Record Total Volume Traded; Power UK Reaches All-time High

AMSTERDAM/BRUSSELS/LONDON, 5 November 2014

Power spot and clearing exchange APX today announces the volumes of its power markets for the month of October. A record high total volume of 8.33 TWh was traded and cleared across all markets.
A total of 182,290 trades were placed across the APX power spot markets.

The Power NL Day-Ahead auction recorded 3.78 TWh in October. The volumes traded on the Dutch Intraday remained steady with a total of 100 GWh traded.
A total of 71,741 trades were registered on the Dutch power market in October.

The volumes traded on the Belpex Day-Ahead auction experienced growth of 39% from October 2013 and totalled 1.61 TWh, while Belpex Intraday market recorded 76 GWh traded over the month.
A total of 28,477 trades were registered on the Belgian power market.

The volumes traded on the Power UK market registered an all-time high with a total of 2.76 TWh traded and cleared across the markets. The volumes on the Continuous market reached a total of 1.45 TWh, up by 26% year-on-year. The Power UK Day-Ahead auction experienced another monthly record volume with 1.31 TWh traded, up by 80% year-on-year.
The Power UK OTC Bilateral clearing registered 4 GWh.
A total of 82,072 trades were registered on the UK power market in October.

Price Convergence and Day-Ahead Indices

In October, the CWE region had full price convergence for approximately 14% of the time. The Dutch price converged with the German price 29% and with the Belgian price 64% of the time. The Belgian price was converging with the French price 53% of the time.

The Dutch power index for the Day-Ahead Market, APX NL DAM Index, had a monthly average price of €43.28/MWh in October. Belix, the index for the Belpex Day-Ahead Market, had a monthly average price of €46.17/MWh. The UK power index for the Day-Ahead Market, UKPX Auction Base Index, had a monthly average price of £44.26/MWh.

Spot Indices

UKPX RPD Spot Base Load Index (derived from APX Power UK’s Reference Price Data (RPD)) had a high of £70.37/MWh on 14 October and a low of £32.48/MWh on 26 October. UKPX RPD Spot Industrial Peak Load Index (also RPD-derived) had a high of £87.55/MWh 29 October and a low of £35.77/MWh on 19 October.

– ENDS

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