Company News

05.07.2019 Trading in June

In June 2019 535,373 MWh were traded at EXAA. This is a decrease of 9% compared to June 2018 (590,525 MWh). 27,370 MWh were traded on the day with the highest turnover (June 1st).

 

The monthly average price level in June 2019 for the Austrian market area was 33.19 EUR/MWh in bEXAbase (00-24 h) and 33.77 EUR/MWh in bEXApeak (09-20 h).
The monthly average price level in June 2019 for the German market area was 33.27 EUR/MWh in bEXAbase (00-24 h) and 32.47 EUR/MWh in bEXApeak (09-20 h).

The location spread, i.e. the price difference of the trading products between the Austrian and German market areas, resulted in an average price level of -0.07 EUR/MWh for the base product and 1.30 EUR/MWh for the peak product. The highest location spread was traded on June 30th and was 9,07 EUR/MWh for the base product and 18,68 EUR/MWh for the peak product.

02.07.2019 12:00 MARKET COUPLING @ EXAA - all lights green!

All lights green!

Today trading in the 12:00 Market Coupling Auction in the CWE area went live successfully and smoothly with the implementation of the so-called Multi NEMO Arrangement.

All processes ran according to plan and without complications at EXAA and in cooperation with the project partners.

  • Submitting bids
  • Market price calculation
  • Quantity allocation
  • Nominations
  • Communication with market participants
  • Accounting

 

This is the first time that real competition takes place in the Single-Day-Ahead Market Coupling. Together with the classic 10:15 auction, EXAA thus offers an attractive short-term trading package in the AT and DE market areas. Four times a day more value for your money!

07.06.2019 Trading in May

In May 2019 505,221 MWh were traded at EXAA. This is a decrease of 19% compared to May 2018 (620,012 MWh). 25,656MWh were traded on the day with the highest turnover (May 28th).

 

The monthly average price level in May 2019 for the Austrian market area was 38.60 EUR/MWh in bEXAbase (00-24 h) and 39.33 EUR/MWh in bEXApeak (09-20 h).
The monthly average price level in May 2019 for the German market area was 38.35 EUR/MWh in bEXAbase (00-24 h) and 38.32 EUR/MWh in bEXApeak (09-20 h).

The location spread, i.e. the price difference of the trading products between the Austrian and German market areas, resulted in an average price level of 0.25 EUR/MWh for the base product and 1.01 EUR/MWh for the peak product. The highest location spread was traded on May 12th and was 1.78 EUR/MWh for the base product and 5.99 EUR/MWh for the peak product.

03.06.2019 Public consultation on Algorithm Methodology

Launch of a joint public consultation on Algorithm Methodology review

Today, all NEMOs and all TSOs launched a joint public consultation, pursuant to Article 12 of Commission Regulation (EU) 1222/2015, on Algorithm Methodology review, including algorithm change control and algorithm monitoring, plus Single Intraday Coupling requirements annex amendment for supporting Intraday Auctions, plus Single Intraday Coupling product methodology. The consultation will be open until 2nd July and it is accessible from both the NEMO Committee and ENTSO-E websites.

07.05.2019 Trading in April

In April 2019 498,885 MWh were traded at EXAA. This is a decrease of 27,92% compared to April 2018 (692,150 MWh). 31,460MWh were traded on the day with the highest turnover (April 16th).

The monthly average price level in April 2019 for the Austrian market area was 38.74 EUR/MWh in bEXAbase (00-24 h) and 39.82 EUR/MWh in bEXApeak (09-20 h).
The monthly average price level in April 2019 for the German market area was 38.08 EUR/MWh in bEXAbase (00-24 h) and 38.34 EUR/MWh in bEXApeak (09-20 h).

The location spread, i.e. the price difference of the trading products between the Austrian and German market areas, resulted in an average price level of 0.66 EUR/MWh for the base product and 1.49 EUR/MWh for the peak product. The highest location spread was traded on April 19th and was 5.47 EUR/MWh for the base product and 9.95 EUR/MWh for the peak product.

16.04.2019 Trading in March

In March 2019 631,575 MWh were traded at EXAA. This is a decrease of 8,77% compared to March 2018 (692,323 MWh). 26,892 MWh were traded on the day with the highest turnover (March 4th).

 

The monthly average price level in March 2019 for the Austrian market area was 33,23 EUR/MWh in bEXAbase (00-24 h) and 36,29 EUR/MWh in bEXApeak (09-20 h).
The monthly average price level in March 2019 for the German market area was 30,79 EUR/MWh in bEXAbase (00-24 h) and 33,50 EUR/MWh in bEXApeak (09-20 h).

The location spread, i.e. the price difference of the trading products between the Austrian and German market areas, resulted in an average price level of 2.65 EUR/MWh for the base product and 2.99 EUR/MWh for the peak product. The highest location spread was traded on March 4th and was 11.99 EUR/MWh for the base product and 16.00 EUR/MWh for the peak product.

05.03.2019 DE/AT SPREAD Trading sucessfully launched

EXAA introduces physical location spreads - Virtual coupling of the two price zones DE and AT successfully launched

EXAA, the Vienna-based energy exchange, is focusing on stimulating short-term cross-border trading. "With the new product extension, the exchange enables its trading participants to virtually link day-ahead auctions for AT and DE, which have been running since 1 October 2018 via separate order books, with each other by means of spread orders," explains Jürgen Wahl, commercial CEO of EXAA.

In addition to their orders for blocks, hours and quarter hours, EXAA traders can now also place orders on the price difference between AT and DE via a new spread editor and buy or sell this spread with or without a price limit. If a spread order gets filled in the auction, the same amount is bought in one price zone and sold in the other price zone at half the transaction fee.

The price of the spread is determined by the simultaneous auctions conducted in the AT and DE market areas, including all order books. The spread is fulfilled physically in the respective market area.

The possibility of spread orders opens up numerous additional optimisation and arbitrage opportunities between physical long and short positions in AT and DE, OTC trading for AT and DE and the prices of the 12:00 o’clock Market Coupling Auction, to which EXAA as NEMO will also offer its trading participants access in the near future.

"Spot trading has suffered a great deal in recent years from the strong regulation and has mainly become a procurement instrument. Due to the much higher than expected price differences between the separate price zones AT and DE, the new spread orders are particularly attractive for our traders, who are always on the lookout for new opportunities and attractive trading opportunities. We therefore expect the trading volume on EXAA to rise again by the end of the year," says CEO Wahl.

With market launch on 5 March 2019, physical location spreads are offered for Base- and Peakload. Depending on demand, an expansion to other products (additional blocks, individual hours or quarter hours) as well as to new markets is planned. The results of the first trading days with a share of 15% of spreads in the total volume give rise to optimism.

Thank you and we are looking forward to a further succesful development!

Your EXAA Team

05.03.2019 Trading in February

In February 2019 500,515 MWh were traded at EXAA. This is an decrease of 18,16% compared to January 2019 (611,553 MWh).

 

The monthly average price level in February 2019 for the Austrian market area was 46,73 EUR/MWh in bEXAbase (00-24 h) and 51,02 EUR/MWh in bEXApeak (09-20 h).

The monthly average price level in February 2019 for the German market area was 43,21 EUR/MWh in bEXAbase (00-24 h) and 46,88 EUR/MWh in bEXApeak (09-20 h).

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