EEX bourse's power trading volumes rose 43% in 2024

European Energy Exchange AG

14/01/2025 13:24

FRANKFURT, Jan 14 (Reuters) - Electricity trading
volumes on the EEX Group's European Energy Exchange rose 43%
last year, driven by increased demand for European and Japanese
derivatives and following the introduction of new instruments,
it said on Tuesday.
    The EEX Group's online platforms connect more than 950
members trading power, gas and emissions allowances, as well as
freight and agricultural products.
    Global power trading volumes in 2024 reached 12,371 terawatt
hours (TWh), roughly 25 times the amount of national power
consumption in Germany, where the bourse is headquartered,
compared with 8,661 TWh in the previous year.
    There was a 63% increase for the bourse's flagship European
power derivatives, a near quadrupling of Japanese power volumes
and 9% growth in the United States.
    The group also boosted its environmental and hydrogen
trading product lines and its Guarantees of Origin segment,
which certifies when energy is from renewable sources.
    Total natural gas trading volumes in 2024 amounted to
7,099.8 TWh, 3% down from 2023.
    Below is a selection of trading volumes, allowing for
rounding errors.
 EEX                2024            2023             Yr-Yr
                                                     change
 European spot           880.0 TWh        724.5 TWh  +   21%
 power                                               
 European Power        8,438.6 TWh      5,185.0 TWh  +   63%
 Futures                                             
 Japan Power              72.9 TWh        18.3  TWh  +  299%
 Futures                                             
 U.S. Power              2,979 TWh        2,733 TWh  +    9%
 Futures                                             
 EEX POWER GLOBAL       12,371 TWh        8,661 TWh  +   43%
 TOTAL                                               
 Spot Europe Gas         2,895 TWh        3,191 TWh  -    9%
 European Gas            3,924 TWh        4,015 TWh  -    2%
 Futures                                             
 U.S. Gas Futures        281.7 TWh         92.2 TWh  +  206%
 EEX GAS TOTAL          7,100  TWh        7,294 TWh  -    3%
 Europe                 1.40 bln T       1.29 bln T  +    8%
 environmental                                       
 products                                            
 U.S.                      859,142          344,582  +  149%
 Environmentals                                      
 (lots)                                              
 EEX Group Freight       1,180,094        1,180,094  +   48%
 (lots)                                              
 Guarantees of            55.8 TWh         50.3 TWh  +   11%
 Origin                                              
 
 (Reporting by Vera Eckert, editing by Barbara Lewis)
 ((vera.eckert@thomsonreuters.com; +49 30 2201 33654))