In July 2015, trading volumes on the Power Derivatives Market of the European Energy Exchange (EEX) amounted to 172.9 TWh. Compared to the same month in the previous year, the volume increased by 16 % (July 2014: 148.6 TWh). In particular, the growth in French (+ 282 %) and Italian Power Futures (+ 131 %) contributed to this result. Trading volumes in Spanish Power Futures (+ 621 %) have also seen strong growth in comparison to last year’s figures.
The July volumes comprised 92.8 TWh registered at EEX for clearing. Clearing and settlement of all transactions was executed by European Commodity Clearing (ECC).
Emission Allowances
On the EEX Market for emission allowances, a total volume of 64.9 million tonnes of CO2 was traded in July, which is an increase of 63 % compared to the previous year (July 2014: 39.8 million tonnes of CO2). In July, primary market auctions contributed 57.7 million tonnes of CO2 to the total volume. In addition to the increased volumes from emissions auctions, volumes on the secondary markets also picked up. In the EUA Derivatives Market, volumes more than doubled in comparison to the same period last year.
Agricultural Products
In July, 8,177 contracts were traded in agricultural products at EEX. This includes 7,677 contracts (equal to 191,925 tonnes) traded in processing potatoes, 488 contracts (equal to 2,440 tonnes) from dairy and 12 contracts (equal to 96 tonnes) in meat & livestock.
New Participants
In July 2015, EEX admitted EDP - Energias de Portugal S.A, Lisbon, Energetic Source S.p.A., Milan, Met International AG, Zug (Germany), PERSPEKTIVA d.d., Ljubljana as well as Youtrade Energy Commodities S.A., Lugano (Switzerland), as new trading participants. Futhermore, the admission of OET - United Energy Traders Ltd., Sofia, and TEI Deutschland GmbH, Karlsruhe, was extended to French Power Futures. The membership of Iberdrola Generación S.A.U., Bilbao, and Noble Clean Fuels Ltd., London, was extended with Swiss Power Futures. Gnera Energía y Tecnología S.L., Madrid, was additionally admitted on the EUA Derivatives Market.
Details on the volumes are available in the enclosed monthly report.
The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and commodity products. At EEX, contracts on Power, Coal and Emission Allowances as well as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX, EPEX SPOT, Powernext, Cleartrade Exchange (CLTX) and Gaspoint Nordic are also part ofEEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC). EEX is part of Deutsche Börse Group. For more information: www.eex.com
EEX – Monthly Figures Report for July 2015
Volumes
Power Derivatives Market |
Monthly volume
MWh |
Monthly volume – previous year MWh |
Total |
172,946,488 |
148,572,964 |
Phelix Futures |
117,162,611 |
126,771,339 |
French Futures |
19,944,106 |
5,221,652 |
Italian Futures |
30,689,391 |
13,258,473 |
Spanish Futures |
1,520,386 |
210,960 |
Further markets |
167,594 |
142,680 |
Options on Phelix Futures |
3,462,400 |
2,967,860 |
CO2 Emissions Market |
Monthly volume
|
Monthly volume – previous year tonnes of CO2 |
Total |
64,911,000 |
39,758,000 |
EUA Spot Market |
59,690,000 |
37,724,000 |
EUAA Spot Market |
935,000 |
0 |
CER Spot Market |
0 |
390,000 |
EUA Derivatives Market |
4,286,000 |
1,644,000 |
Agricultural Products |
Monthly volume
Number of contracts |
Monthly volume Number of contracts |
Total |
8,177 |
- |
Processing Potatoes |
7,677 |
- |
Dairy Products |
488 |
- |
Livestock & Meat |
12 |
- |
Prices and Indices
|
July 2015 |
Phelix Futures – Settlement Price for base load contract with delivery in 2016 (in €/MWh) |
31.50 |
Phelix Futures – Settlement Price for peak load contract with delivery in 2016 (in €/MWh) |
39.67 |
E-Carbix (in €/EUA) |
7.71 |
Settlement Price on EUA Derivatives Market in Dec 2015 contract (min, / max,) in €/EUA |
7.380 / 8.090 |