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EEX increases volumes in power options and agricultural products

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In January 2017, the European Energy Exchange (EEX) reached a volume of 291.1 TWh on its power derivatives markets (January 2016: 332.4 TWh).

At 658,271 GWh, volumes in the Dutch market have more than tripled compared to the previous year (January 2016: 160,302 GWh). In the Swiss power derivatives market, volumes increased by 37 per cent to 707,826 GWh (January 2016: 515,380 GWh). Trading in power options increased by 28 per cent to 16.0 TWh (January 2016: 12.5 TWh).
 
The January volumes comprised 152.3 TWh registered at EEX for clearing. Clearing and settlement of all transactions was executed by European Commodity Clearing (ECC).
 
On the EEX Market for emission allowances, a total volume of 80.1 million tonnes of CO2 was traded in January (January 2016: 77.9 million tonnes of CO2). In particular, the increase was driven by the primary market auctions with a total volume of 60.3 million tonnes of CO2. In the new EUA options contracts which EEX launched in mid-October 2016, a volume of 250,000 tonnes of CO2 was traded.
 
During the month, a total of 3,982 contracts was traded in agricultural products at EEX which means that the volume has increased by 21 per cent compared to the previous year (January 2016: 3,282 contracts). In particular, the derivatives market for dairy products contributed to this development. Volumes in this market increased by 65 per cent to 2,139 contracts (equal to 10,695 tonnes) compared to the previous year (January 2016: 1,293 contracts).
 
In January, EEX admitted Oak Capital LLP, London, as new trading participant. Vendohm Ltd, London, has extended its admission to trading on the derivatives market for emission allowances.

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