Press release BoxID: 179909 (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 May

(PresseBox) (Leipzig, ) Electricity trading volume on the European Energy Exchange (EEX) in May 2008 totalled 134.7 TWh, compared with 110.9 TWh in May 2007.

This includes 11,635,194 MWh (May 2007: 8,927,899 MWh) traded on the electricity Spot Market, where the average base load price (Phelix Base Month) for the month was 56.24 Euro/MWh and the peak load price (Phelix Peak Month) 75.38 Euro/MWh.

Intraday volume in May 2008 was 214,260 MWh (May 2007: 106,393 MWh).

On the Swiss electricity Spot Market May 2008 volume was 565,961 MWh (May 2007: 341,916 MWh).

Trading volume in electricity derivatives in May 2008 totalled 123.1 TWh (May 2007: 102.0 TWh). This includes 90.4 TWh from OTC clearing. The Open Interest at 30 May 2008 was 325.4 TWh. The 2009 base load price for German electricity was fixed at 72.66 Euro/MWh on 30 May 2008 and the 2009 peak load price at 103.32 Euro/MWh.

A total of 2,465,000 EU Allowances (EUA) (1,195,000 EUAs May 2007) were traded on the EEX Derivatives Market in May. The 2008 contract was fixed at 26.08 Euro/EUA on 30 May 2008, and the 2009 contract at 26.72 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 May a volume of 104,000 CERs was traded. On 30 May 2008, the 2008 contract traded at 17.75 Euro/CER and the 2009 contract at 17.35 Euro/CER.

In May 2008, the total Spot Market volume for natural gas (BEB and E.ON GT market areas) was 54,480 MWh. The Spot Market price for the delivery of natural gas ranged between 24.50 Euro/MWh and 27.10 Euro/MWh.

Volumes on the Derivatives Market for natural gas (BEB and E.ON GT market areas) amounted to 1,414,231 MWh. On 30 May 2008, the open interest was 1,965,521 MWh. On 30 May 2008 natural gas prices for delivery in 2009 were fixed at 35.72 Euro/MWh (BEB) and 36.17 Euro/MWh (E.ON GT), respectively.

EEX currently has 210 member companies from 20 countries. In May Schweizerische Bundesbahnen SBB, Bern, was admitted to the EEX Spot Market. The companies ad-vanced energy trading GmbH, Pullach, and PSE-Electra S.A., Warsaw, were admitted to the EEX Derivatives Market. WINGAS GmbH, Kassel, was admitted to the Spot and the Derivatives Market.