February 06, 2025 10:51 GMT
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.
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