APX June Volumes Grow 46% Year-on-Year

AMSTERDAM/BRUSSELS/LONDON, 2 July 2015

Power spot and clearing exchange APX today announces the volumes of its power markets for the month of June. APX witnessed another successful month with 10.91 TWh traded and cleared across all markets, up by 46% year-on-year.

The Power NL Day-Ahead auction recorded a total of 3.75 TWh traded while 72 GWh was traded on the Dutch Intraday market.

The Belpex Day-Ahead auction experienced another successful month with 1.84 TWh traded, up by 8% from June 2014. The Belpex Intraday market recorded 58 GWh.

The Power UK market recorded a total of 5.18 TWh traded and cleared on the market.
The Continuous market experienced growth of 10% from June 2014 and recorded a total volume of 1.15 TWh. The volumes traded on the Power UK Day-Ahead auction increased by 417% year-on-year and reached 3.92 TWh.
The Half Hour Day-Ahead 15:30 Auction recorded 119 GWh and reached a record level of 18,695 MWh on 20 June for delivery on 21 June.
The Power UK OTC Bilateral clearing registered 8 GWh.

Price Convergence and Day-Ahead Indices

In June, the CWE region had full price convergence for approximately 26% of the time. The Dutch price converged with the German price 27% and with the Belgian price 28% of the time. The Belgian price was converging with the French price 31% of the time.

The Dutch power index for the Day-Ahead Market, APX NL DAM Index, had a monthly average price of €38.71/MWh in June. Belix, the index for the Belpex Day-Ahead Market, had a monthly average price of €39.02/MWh. The UK power index for the Day-Ahead Market, UKPX Auction Base Index, had a monthly average price of £41.36/MWh.

Spot Indices

UKPX RPD Spot Base Load Index (derived from APX Power UK’s Reference Price Data (RPD)) had a high of £46.74/MWh on 12 June and a low of £34.64/MWh on 6 June.
UKPX RPD Spot Industrial Peak Load Index (also RPD-derived) had a high of £52.93/MWh on 12 June and a low of £37.23/MWh on 21 June.

– ENDS

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