The total volume on the global power markets of EEX Group in April increased by 29% to 661.9 TWh compared to the same month of the previous year. Both the European Power Spot Markets – operated by EPEX SPOT (+11%) – and the EEX European Power Derivatives Markets (+36%) recorded volume increases.
Trading in German Power Futures rose by 45% compared to the same period of the previous year. An additional driver of these developments was trading in French Power Futures, which recorded an increase of 41%.
The Japanese Power Futures achieved 394% growth against April 2022, reaching its second highest result since the start of trading, while the US market also showed a positive development with an increase of 25% and a total of 305.6 TWh.
The global gas markets of EEX Group recorded a total volume of 519.4 TWh in April, which represents an increase of 7% compared to April 2022.
While volumes on the EEX Natural Gas Futures markets increased by 26% compared to the same month last year, a slight decline of 8% was observed on the European Gas Spot Markets. Trading in the UK gas market area NBP bucked this trend, with volumes of 17.7 TWh, representing a 229% year-on-year increase and a new record volume.
There were also increases in Dutch (+15%), German (+13%) and French (+158%) Natural Gas Futures, some of which significantly exceeded their prior-year results.
Nodal’s US Gas Futures markets recorded strong growth, up 148% compared to April 2022.
Trading activity in environmental products was mixed: 54.9 million tonnes of CO2 traded in the European Emissions Markets represented a 35 % decline. In contrast, the US environmental markets, operated by Nodal, showed a new record with nearly 44,000 contracts traded, with an increase of 179% compared to April 2022.