AMSTERDAM/BRUSSELS/LONDON, 2 July 2014
Power spot and clearing exchange APX today announces the volumes of its power markets for the month of June. A total of 7.46 TWh was traded and cleared on the exchange.
A total of 152,309 trades were placed across the APX power spot markets.
The Power NL Day-Ahead auction recorded a healthy volume of 3.8 TWh traded during June while 82 GWh was traded on the Dutch Intraday market.
A total of 69,135 trades were registered on the Dutch power market in June.
The volumes traded on the Belpex Day-Ahead auction reached this year’s high with 1.71 TWh traded, up by 28% from June 2013. 63 GWh was traded on the Belpex Intraday market.
A total of 25,097 trades were registered on the Belgian power market.
The Power UK market registered a total volume of 1.81 TWh traded and cleared. The Continuous market recorded a total of 1.05 TWh while 757 GWh was traded on the Power UK Day-Ahead auction.
The Power UK OTC Bilateral clearing registered 4 GWh.
A total of 58,077 trades were registered on the UK power market in June.
Price Convergence and Day-Ahead Indices
In June, the CWE region had full price convergence for approximately 29% of the time. The Dutch price converged with the German price 40% and with the Belgian price 93% of the time. The Belgian price was converging with the French price 34% of the time.
The Dutch power index for the Day-Ahead Market, APX NL DAM Index, had a monthly average price of €36.81/MWh in June. Belix, the index for the Belpex Day-Ahead Market, had a monthly average price of €36.82/MWh. The UK power index for the Day-Ahead Market, UKPX Auction Base Index, had a monthly average price of £36.72/MWh.
UKPX RPD Spot Base Load Index (derived from APX Power UK’s Reference Price Data (RPD)) had a high of £49.34 /MWh on 13 June and a low of £32.07/MWh on 22 June.
UKPX RPD Spot Industrial Peak Load Index (also RPD-derived) had a high of £63.21 /MWh on 13 June and a low of £32.92/MWh on 8 June.