EEX Trading Results And New Admissions In July
02/08/07
Electricity trading volume on the European Energy Exchange (EEX) in July 2007 totalled 97.5 TWh, compared with 80.4 TWh in July 2006.
This includes 10,141,557 MWh (July 2006: 7,220,091) traded on the electricity Spot Market, where the average base load price (Phelix Base Month) for the month was 29.31 Euro/MWh and the peak load price (Phelix Peak Month) 42.45 Euro/MWh.
Intraday volume in July 2007 was 112,593 MWh.
On the Swiss electricity Spot Market July volume was 331,702 MWh.
Trading volume in electricity derivatives in July 2007 totalled 87.3 TWh (July 2006: 73.1 TWh). This includes 76.9 TWh from OTC clearing. The Open Interest at 31 July 2007 was 301.9 TWh. The 2008 base load price for German electricity was fixed at 56.25 Euro/MWh on 31 July 2007 and the 2008 peak load price at 80.00 Euro/MWh.
A total of 93,150 EU Allowances (EUA) were traded on the Spot Market in July, com-pared with 671,488 EUAs in July 2006. During the month, the Carbix (Carbon Index) ranged between 0.08 Euro/EUA and 0.11 Euro/EUA.
Volume on the EEX Derivatives Market was 2,628,000 EUAs (138,000 EUAs July 2006). The 2007 contract was fixed at 0.11 Euro/EUA on 31 July 2007, and the 2008 contract at 21.05 Euro/EUA.
On 2 July, EEX successfully launched natural gas trading. In July, the total Spot Market volume (BEB market area) was 49,680 MWh. The Spot Market price for the delivery of natural gas ranged between 11.60 Euro/MWh and 17.50 Euro/MWh.
Volumes on the Derivatives Market (BEB and E.ON GT market areas) amounted to 573,820 MWh. On 31 July 2007, the open interest was 441,280 MWh. At the same day, 2008 natural gas prices were fixed at 20.33 Euro/MWh (BEB) and 21.03 Euro/MWh (E.ON GT), respectively.
EEX currently has 175 member companies from 19 countries. in.power GmbH, Mainz, and Gazprom Marketing & Trading, Kingston upon Thames (Great Britain), were admit-ted to the EEX Spot Market. Epool s.r.o., Nitra (Slovakia) was admitted to the EEX Spot and Derivatives Market.
