Free Trial

POWER: EEX EU Power Volumes Climb 37% On Year

POWER

EEX European power derivatives grew 37% year-on-year to 811TWh in January and a record 84TWh of volumes on the European power spot markets, driven by strong day-ahead and intraday market performances, it said.

  • German power futures increased by 38% on the year to around 583TWh, with French volumes climbing sharply to 114TWh – 62% higher than volumes in January 2024.
  • Italian and Spanish power volumes also noted significant gains, moving up 20% and 32%, respectively, higher on the year.
  • However, Nordic volumes fell sharply, declining by 99% to 43GWh from 3.7TWh in January 2024.
  • While Belgian and Swiss volumes each recorded an 18% on-year decline.
  • Additionally, Epex day ahead markets rose to 61.8TWh – an 8% climb from volumes recorded in January 2024 – with intraday markets recording a 21% on-year climb at 20.8TWh.



     

    image
129 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

EEX European power derivatives grew 37% year-on-year to 811TWh in January and a record 84TWh of volumes on the European power spot markets, driven by strong day-ahead and intraday market performances, it said.

  • German power futures increased by 38% on the year to around 583TWh, with French volumes climbing sharply to 114TWh – 62% higher than volumes in January 2024.
  • Italian and Spanish power volumes also noted significant gains, moving up 20% and 32%, respectively, higher on the year.
  • However, Nordic volumes fell sharply, declining by 99% to 43GWh from 3.7TWh in January 2024.
  • While Belgian and Swiss volumes each recorded an 18% on-year decline.
  • Additionally, Epex day ahead markets rose to 61.8TWh – an 8% climb from volumes recorded in January 2024 – with intraday markets recording a 21% on-year climb at 20.8TWh.



     

    image