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ELECTRICITY: EEX Power Trading Volumes Rise 39% YoY in October

ELECTRICITY
BulletPower BulletsEnergy BulletsCommodities

Monthly volumes on EEX Group’s global power markets in October rose by 39% on the year to 1,223TWh driven by higher volumes in European power derivatives, it said. 

  • EU EEX power derivates rose to 842.8TWh, up by 48% on the year, and up from 814TWh in September.
  • German power derivative volumes rose by 47% on the year in October to 588.8TWh, while the French equivalent increased by 141% on the year to 135.2TWh.
  • EEX power spot market volumes rose by 11% year on year to 73.5TWh in October. This was due to new monthly records in the Belgian, Serbian and Danish day-ahead markets.
  • Traded volumes of EEX Guarantees of Origin Futures in October 2024 added up to 0.98 TWh, resulting in the total traded volume since the September launch exceeding 2 TWh as of today.
     
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Monthly volumes on EEX Group’s global power markets in October rose by 39% on the year to 1,223TWh driven by higher volumes in European power derivatives, it said. 

  • EU EEX power derivates rose to 842.8TWh, up by 48% on the year, and up from 814TWh in September.
  • German power derivative volumes rose by 47% on the year in October to 588.8TWh, while the French equivalent increased by 141% on the year to 135.2TWh.
  • EEX power spot market volumes rose by 11% year on year to 73.5TWh in October. This was due to new monthly records in the Belgian, Serbian and Danish day-ahead markets.
  • Traded volumes of EEX Guarantees of Origin Futures in October 2024 added up to 0.98 TWh, resulting in the total traded volume since the September launch exceeding 2 TWh as of today.