Economy
EEX trading results in July
During July 2013, the total volume traded in power derivatives on the European Energy Exchange (EEX) amounted to 84.7 TWh compared to 59.7 TWh in July 2012. This represents an increase of 42% compared with the previous year.
The Power Derivatives Market volume contained 36.4 TWh from OTC clearing.
The base load for 2014 on the Power Derivatives Market was quoted at €36.61 per MWh (Germany) and €41.85 per MWh (France) on 31 July 2013. The peak load for 2014 was determined at €46.99 per MWh (Germany) and at €55.88 per MWh (France). The total trading volume on the EPEX SPOT Power Spot Market amounted to 29.8 TWh in July 2013.
On the EEX Derivatives Market for Guarantees of Origin which was launched on 6 June, trades were concluded on two out of four trading days. The trading volume in July amounted to 30,000 Guarantees of Origin in the Nordic Hydro product which is double the volume of the previous month.
Emission allowances: Secondary market increased by 86%. On the EEX Markets for Emission Allowances, a total volume of 73,923,000 tonnes of CO2 was traded in July, with a volume of 64,541,000 tonnes of CO2 coming from the primary market auctions. At 9,382,000 t CO2, volumes on the secondary market increased by 86 percent compared to the previous year (5,035,000 t CO2).
New participants
In July, EEX admitted Axpo Deutschland GmbH, eustream, a.s., GAZ-SYSTEM S.A., Global Prime Partners Ltd., Göteborg Energi AB, Mitsui & Co. Commodity Risk Management Limited, SE Energy Trading GmbH and Solvay Energy Services as new trading participants.
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