July volumes for EEX Groiup’s Intraday Power markets grew by 12 per cent y-o-y, with Spanish Power Futures up by 22 per cent.
As of 27 September, EEX will extend calendar year expiries for this market as well as for German and Italian Power Futures to 10 years, to facilitate long-term hedges
EEX has also reported a continued increase in the UK (+77 per cent), Nordics (+94 per cent) and Austrian (+155 per cent) Power Futures, while Japan Derivatives Power is still extremely bullish with 362.5 GWh.
European Natural Gas Spot and Derivatives are up 27 per cent and 9 per cent respectively with Dutch TTF hub as main growth driver.
Double-digit growth rates have been seen in spot trading across majority of market areas: Austrian CEGH +44 per cent, German GASPOOL and NCG +25 per cent and +26 per cent, Dutch TTF +32 per cent.
New EGSI Futures meanwhile have reported increasing interest since launching in June, reaching 128.0 GWh last month.
US environmental markets posted a 57 per cent volume increase, with volumes from REC contracts on Nodal Exchange continuing to drive growth. A total of 8,998 contracts were traded in July, up 37 per cent y-o-y. REC open interest topped 20 per cent market share for the first time in July.
