EEX trading results and new admissions in June

Leipzig, (PresseBox) - Electricity trading volume on the European Energy Exchange (EEX) in June 2008 totalled 127.6 TWh, compared with 96.1 TWh in June 2007.

This includes 11,432,079 MWh (June 2007: 8,907,414 MWh) traded on the electricity Spot Market, where the average base load price (Phelix Base Month) for the month was 73.24 Euro/MWh and the peak load price (Phelix Peak Month) 103.00 Euro/MWh.

Intraday volume in June 2008 was 210,596 MWh (June 2007: 108,260 MWh).

On the Swiss electricity Spot Market June 2008 volume was 635,601 MWh (June 2007: 318,280 MWh).

Trading volume in electricity derivatives in June 2008 totalled 116.1 TWh (June 2007: 87.2 TWh). This includes 81.1 TWh from OTC clearing. The Open Interest at 30 June 2008 was 356.0 TWh. The 2009 base load price for German electricity was fixed at 88.30 Euro/MWh on 30 June 2008 and the 2009 peak load price at 125.53 Euro/MWh.

A total of 4,083,000 EU Allowances (EUA) (2,022,000 EUAs June 2007) were traded on the EEX Derivatives Market in June. The 2008 contract was fixed at 28.75 Euro/EUA on 30 June 2008, and the 2009 contract at 29.76 Euro/EUA.

As of 26 March 2008, it is possible to trade CER Futures on the EEX (Certified Emis-sion Reductions), global emission credits in accordance with the Kyoto Protocol. In June a volume of 118,000 CERs was traded. On 30 June 2008, the 2008 contract traded at 20.90 Euro/CER and the 2009 contract at 21.48 Euro/CER.

In June 2008, the total Spot Market volume for natural gas (BEB and E.ON GT market areas) was 94,800 MWh. The Spot Market price for the delivery of natural gas ranged between 25.60 Euro/MWh and 29.00 Euro/MWh.

Volumes on the Derivatives Market for natural gas (BEB and E.ON GT market areas) amounted to 1,639,960 MWh. On 30 June 2008, the open interest was 2,591,931 MWh. On 30 June 2008 natural gas prices for delivery in 2009 were fixed at 41.75 Euro/MWh (BEB) and 42.11 Euro/MWh (E.ON GT), respectively.

European Energy Exchange AG

EEX operates Spot and Derivatives Markets for energy and related products. With more than 200 trading participants from 20 countries it is the energy exchange in continental Europe which boasts the biggest number of trading participants and the highest turnover. While coal is only quoted on the Derivatives Market, power, gas and CO2 emission rights are traded both short-term on the Spot Market and long-term on the Derivatives Market with a time horizon of up to six years into the future. Clearing of exchange and over-the-counter transactions (OTC clearing) is provided by Euro-pean Commodity Clearing AG (ECC). ECC is the clearing house of EEX and its partner exchanges.

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