AMSTERDAM/BRUSSELS/LONDON, 5 May 2014
Power spot and clearing exchange APX today announces the volumes of its power markets for the month of April. A total of 7.4 TWh was traded and cleared on the exchange.
A total of 147,688 trades were placed across the APX power spot markets.
The Power NL Day-Ahead auction reached 3.59 TWh traded while 62 GWh was traded on the Dutch Intraday market.
A total of 64,548 trades were registered on the Dutch power market in April.
The volume on the Belpex Day-Ahead auction reached 1.74 TWh traded while 41 GWh was traded on the Belpex Intraday market.
A total of 27,055 trades were registered on the Belgian power market, of which 25,830 on the Day-Ahead market, which constitutes an all-time record.
The Power UK market registered a total volume of 1.96 TWh traded and cleared. The Continuous market recorded a total of 1.12 TWh. The Power UK Day-Ahead auction experienced a successful month with 842 GWh traded in April.
The Power UK OTC Bilateral clearing registered 5 GWh.
A total of 56,085 trades were registered on the UK power market in April.
New members to the exchange
In April, two new members joined APX markets. Getec Energie GmbH joined the Power NL and Belpex markets while Direct Energie SA joined the exchange by becoming a member on the Belpex market. With the new members, Power NL now has 58 members and the Belpex market 43 members.
Price Convergence and Day-Ahead Indices
In April, the CWE region had full price convergence for approximately 17% of the time. The Dutch price converged with the German price 20% and with the Belgian price 89% of the time. The Belgian price was converging with the French price 23% of the time.
The Dutch power index for the Day-Ahead Market, APX NL DAM Index, had a monthly average price of €40.36/MWh in April. Belix, the index for the Belpex Day-Ahead Market, had a monthly average price of €41.93/MWh. The UK power index for the Day-Ahead Market, UKPX Auction Base Index, had a monthly average price of £41.29/MWh.
UKPX RPD Spot Base Load Index (derived from APX Power UK’s Reference Price Data (RPD)) had a high of £51.88/MWh on 30 April and a low of £37.49/MWh on 13 April.
UKPX RPD Spot Industrial Peak Load Index (also RPD-derived) had a high of £62.46/MWh on 30 April and a low of £37.86/MWh on 6 April.