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EEX global power markets June volume up 60% year-on-year

The total volume on the global power markets of EEX Group continued on an upward trend in June, rising to a total of 761 TWh, which equates to an additional 112.1 TWh compared to the previous month and an increase of 60% compared to June 2022.

On the EPEX SPOT market, the total volume increased to 58.2 TWh, from 56.9 TWh in May 2023.

Several records were also set on EEX futures markets in June: German power futures reached an all-time high of 399.1 TWh, while Italian power futures also peaked at 47.5 TWh.

Both trading in Japanese (+6%) and Swiss power futures (+209%) increased – compared to June 2022 – with the new power products with short-term maturities for the Japanese power markets and the Swiss power futures for peak hours, contributing for the first time. The initial traders were completed during the first week following launch towards teh end of last month.

On the futures market of Nodal Exchange, trading declined slightly, amounting to 169 TWh in June.
The volume on the European EEX natural gas spot markets grew slightly compared to the prior month to a total of 242.1 TWh, and the gas futures markets also developed positively to a cumulative volume of 361.9 TWh.

On the gas futures markets, EEX registered growth in Dutch (+59%), German (+34%) and French (+179%) gas futures.

The newly added Baltic-Finnish gas products traded on the GET Baltic exchange are included in the volume report for the first time. In June, the trading volume on the exchange was 476.3 GWh in the sport markets and 3.7 GWh in futures.

Nodal Exchange’s gas futures markets reached a total volume of 11.7 TWh, up 166% from May 2023 and 66% from June 2022.

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