EPEX SPOT Annual Market Review 2020

    New record volume traded on EPEX SPOT in 2020

    Amsterdam / Berlin / Bern / Brussels / London / Paris / Vienna, 14 January 2021.

    • Dynamic growth of the Nordic market segment launched in 2020
    • Extension of Intraday auction suite to the entire Central Western Europe
    • Brexit arrangements completed successfully
    • Strong performance of Intraday markets with +21.0% on year

    A total of 614.8 TWh was traded on EPEX SPOT in 2020 (2019: 593.4 TWh) totalling to a 3.6% increase of the overall volumes traded on EPEX SPOT. This represents a new all-time high, breaking the record of the previous year.

    The year 2020 was overshadowed by the Covid-19 pandemic. “This holds true for the energy sector as a whole, and also for EPEX SPOT and our teams” says Ralph Danielski, Chief Executive Officer of EPEX SPOT. “The situation was unprecedented, but we were able to navigate this crisis – and still continue to do so – in an exemplary manner, maintaining the highest service standard our members are used to. We thank our members for their trust and support over this exceptional year, during which we completed major projects. The newly delivered products bring true added value to our market participants and their trading experience. The cooperation with our members, business partners and stakeholders functioned as fruitfully as ever, and was even particularly close during this extraordinary year, for which we are also thankful.”

    The European Power Exchange EPEX SPOT SE and its affiliates operate physical short-term electricity markets in Central Western Europe, the United Kingdom and in Denmark, Finland, Norway and Sweden. As part of EEX Group, a group of companies serving international commodity markets, EPEX SPOT is committed to the creation of a pan-European power market. Over 300 members trade electricity across twelve countries on EPEX SPOT. 49% of its equity is held by HGRT, a holding of transmission system operators. For more information, please visit www.epexspot.com.