AMSTERDAM/BRUSSELS/LONDON, 6 January 2014
Power spot and clearing exchange APX today announces the volumes of its power markets for the month of December. A total of 6.95 TWh was traded and cleared on the exchange, which is in line with the previous months.
A total of 150,808 trades were placed across the APX power spot markets.
Volumes traded on the Power NL Day-Ahead auction recorded 3.64 TWh, while the Dutch Intraday market saw 73 GWh traded in December.
A total of 63,387 trades were registered on the Dutch power market in December.
The Belpex Day-Ahead auction recorded 1.30 TWh in December while 56 GWh was traded on the Belpex Intraday market.
A total of 26,633 trades were registered on the Belgian power market.
The Power UK market registered a total of 1.88 TWh traded. The continuous market recorded a total of 1.32 TWh and 552 GWh was traded on the Power UK Day-Ahead auction.
Power UK OTC Bilateral clearing registered 10 GWh.
A total of 60,788 trades were registered on the UK power market in December.
CWE Price Convergence
In December, the entire CWE region had full price convergence for approximately 14% of the time. The Dutch price converged with the German price 21% and with the Belgian price 56% of the time. The Belgian price was converging with the French price 81% of the time.
In December, the Dutch power index for the Day-Ahead Market, APX NL DAM Index, had a monthly average price of €52.65/MWh. Belix, the index for the Belpex Day-Ahead Market, had a monthly average price of €47.82/MWh. The UK power index for the Day-Ahead Market, UKPX Auction Base Index, had a monthly average price of £49.56/MWh.
UKPX RPD Spot Base Load Index (derived from APX Power UK’s Reference Price Data (RPD)) had a high of £57.95/MWh on 2 December and a low of £38.15/MWh on 25 December.
UKPX RPD Spot Industrial Peak Load Index (also RPD-derived) had a high of £67.63/MWh on 23 December and a low of £43.93/MWh on 25 December.