EEX Power Spot Intraday market up 27 per cent in September

The Power Spot Intraday market, as operated by EPEX SPOT, increased by 27 per cent in September to 9.1 TWh. 

The French market was the main growth driver and hit a new record on the Intraday with 943.2 GWh traded last month (previous record in January 2020: 933.2 GWh) while the Netherlands registered their second highest volume to date with 416.1 GWh.

On the European Power Derivatives segment, the Options market volumes rose significantly to 4.7 TWh, recording triple digit growth compared to the same period last year (September 2019: 537.7 GWh).

The Hungarian (+30 per cent), the Dutch (+92 per cent) and Belgian (+306 per cent) Futures all reported double and triple-digit growth respectively, while the French Power Futures confirmed their position as the second most liquid market in Europe with 46.9 TWh traded in September, up 23 per cent compared to 2019 (September 2019: 38.1 TWh). Also, Nordic Power Futures reported a new high with 1.1 TWh traded last month (previous record in April 2020 with 433.0 GWh).

A total of 42.3 GWh were reported in Japanese Power Futures with a first deal registered in the Kansai area. Last month, EEX’s Japan project was recognised by FOW Global Investor Group with the exchange receiving the “Exchange Innovation of the Year” Award at this years’ Asia Capital Market Awards.

Last month, the European Gas Spot market was up +7 per cent to 107.9 TWh (September 2019: 101.2 TWh), mostly driven by the solid growth of the CEGH VTP hub which reported an increase of +49 per cent to 8.6 TWh compared to 2019 (September 2019: 5.8 TWh). Both reporting a double-digit growth, the French PEG (+34 per cent to 13.1 TWh) and the Belgian ZTP (+63 per cent to 8.4 TWh) also contributed to that dynamic.

The Environmental products in Europe accelerated their growth in September with an increase of +42 per cent to 139.2 million tonnes of CO2 (September 2019: 97.9 million tonnes of CO2). Both the Spot (+43 per cent to 79.7 million tonnes of CO2) and the Derivatives markets (+41 per cent to 59.5 million tonnes of CO2) reported solid results while the Options segment hit an outstanding increase of +1,150 per cent to 3.1 million tonnes of CO2.
In North America, Environmental markets on Nodal Exchange were also up in September with 10,292 contacts (+15 per cent compared to September 2019: 8,940 contracts).

With a +847 per cent volume increase to 64,591 lots traded last month, the Freight segment continued to grow significantly (September 2019: 6,821 lots), confirming once more, EEX Group’s position as a major force in Dry Freight trading worldwide.