MNI China Daily Summary: Friday, January 10

MNI BRIEF: China To Adopt Very Proactive Fiscal Policy-Offical

CANADA LIBERAL LEADERHIP VOTE TO REPLACE TRUDEAU SET FOR MAR 9

MNI BRIEF: PBOC Suspends Bonds Trades As Yields Drop

MNI: PBOC Net Drains CNY14.8 Bln via OMO Friday

MNI: PBOC Sets Yuan Parity Higher At 7.1891 Fri; -2.36% Y/Y

USDA: CORN STOCKS 12,074M BSL ON JAN 1

MNI: USDA: 2024/2025 CORN PRODUCTION EST 14.87B BSL

EZ/UK T-Bill Calendar: Germany, France Auction on Monday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

POWER: Iberian Power Futures Volumes to Grow YoY in 2024

POWER
PortugalCommoditiesCEEMEAEurozoneEnergy BulletsSpainBulletPower Bullets

Iberian power future volumes are on track to rise by 80% year on year in 2024 to 180-190TWh, Alvaro Reyes, senior sales manager at EEX told Montel. 

  • Volumes could rise up to 200TWh if activity remains high due to volatility in the gas markets, Reyes added.
  • Iberian power futures volumes could rise to 230TWh in 2025.
  • Omie volumes could rise by 40-50% on the year to just over 113TWh, Martim Vasconcellos, president of the organised market Omie and Omip, told Montel.
  • However, overall volumes remained below pre-2022 levels. 
87 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.

Iberian power future volumes are on track to rise by 80% year on year in 2024 to 180-190TWh, Alvaro Reyes, senior sales manager at EEX told Montel. 

  • Volumes could rise up to 200TWh if activity remains high due to volatility in the gas markets, Reyes added.
  • Iberian power futures volumes could rise to 230TWh in 2025.
  • Omie volumes could rise by 40-50% on the year to just over 113TWh, Martim Vasconcellos, president of the organised market Omie and Omip, told Montel.
  • However, overall volumes remained below pre-2022 levels.