Press release BoxID: 171593 (European Energy Exchange AG)
  • European Energy Exchange AG
  • Augustusplatz 9
  • 04109 Leipzig
  • Contact person
  • Katrin Berken
  • +49 (341) 2156-202

EEX trading results and new admissions in April

(PresseBox) (Leipzig, ) Electricity trading volume on the European Energy Exchange (EEX) in April 2008 totalled 114.6 TWh, compared with 84.2 TWh in April 2007.

This includes 12,531,570 MWh (April 2007: 9,087,753 MWh) traded on the electricity Spot Market, where the average base load price (Phelix Base Month) for the month was 67.46 Euro/MWh and the peak load price (Phelix Peak Month) 88.91 Euro/MWh.

Intraday volume in April 2008 was 191,374 MWh (April 2007: 79,773 MWh).

On the Swiss electricity Spot Market April 2008 volume was 405,266 MWh (April 2007: 409,040 MWh).

Trading volume in electricity derivatives in April 2008 totalled 102.1 TWh (April 2007: 75.1 TWh). This includes 81.5 TWh from OTC clearing. The Open Interest at 30 April 2008 was 283.8 TWh. The 2009 base load price for German electricity was fixed at 65.80 Euro/MWh on 30 April 2008 and the 2009 peak load price at 91.80 Euro/MWh.

A total of 5,899,000 EU Allowances (EUA) (1,951,000 EUAs April 2007) were traded on the EEX Derivatives Market in April. The 2008 contract was fixed at 23.90 Euro/EUA on 30 April 2008, and the 2009 contract at 24.54 Euro/EUA.

As of 26 March 2008, it is possible to trade CER Futures on the EEX (Certified Emission Reductions), global emission credits in accordance with the Kyoto Protocol. In April a volume of 26,000 CERs was traded. On 30 April 2008, the 2008 contract traded at 16.07 Euro/CER and the 2009 contract at 15.90 Euro/CER.

In April 2008, the total Spot Market volume for natural gas (BEB and E.ON GT market areas) was 56,640 MWh. The Spot Market price for the delivery of natural gas ranged between 23.13 Euro/MWh and 27.90 Euro/MWh.

Volumes on the Derivatives Market for natural gas (BEB and E.ON GT market areas) amounted to 903,390 MWh. On 30 April 2008, the open interest was 1,901,110 MWh. On 30 April 2008 natural gas prices for delivery in 2009 were fixed at 30.59 Euro/MWh (BEB) and 30.98 Euro/MWh (E.ON GT), respectively.

EEX currently has 206 member companies from 20 countries. In April FAMUR International Trade S.A., Katowice/Poland, was admitted to the EEX Spot Market.