• Total spot volumes up by 17% year-on-year
• Power NL spot experiences daily high on 7 January with 110,451 MWh traded
• APX-ENDEX TTF Gas volumes climb year-on-year; futures record 63% growth while spot volumes 11 times higher than in January 2009
• UK’s OCM market experiences daily flow-day record with 1,187,084 MWh traded

APX-ENDEX, the Anglo-Dutch energy exchange, today announces January volumes of its power and gas exchanges. The total volume of the exchange remained steady year-on-year with volumes reaching 32.95 TWh. The APX-ENDEX futures totalled 15.96 TWh while the spot markets recorded 16.99 TWh, up by 17%.

Power

In January 2010, a total of 11.61 TWh was registered on the APX-ENDEX power markets.

The continental power futures markets recorded a total volume of 7.71 TWh in January 2010. Power NL futures reached a total volume of 6.89 TWh, of which 1.10 TWh was traded on the exchange and 5.79 TWh was registered for clearing via the OTC clearing service. The volumes of Power BE futures recorded 820 GWh.

A total of 349 trades were registered on the power futures markets.

The APX-ENDEX Power spot markets had another successful month with growing volumes up by 12% year-on-year, reaching a total volume of 3.90 TWh. Power NL continued its growth with volumes up by 21% year-on-year, reaching 2.76 TWh. The daily Day-Ahead record was reached on 7 January when an all time high 110,451 MWh was traded. Power UK spot volumes remained steady year-on-year with a volume of 1.14 TWh.

93,620 trades were registered on the APX-ENDEX power spot markets.

Gas

A total of 21.34 TWh was registered on the APX-ENDEX gas markets during the month of January.

The TTF Gas futures volume kept climbing during January with a total volume of 8.25 TWh, exceeding January 09 volumes by 62%. On the exchange traded volumes recorded 3.91 TWh while 4.34 TWh was registered for clearing via the OTC clearing service.

A total of 156 trades were registered on the gas futures market.

The Gas spot volumes maintained the continuous growth year-on-year as the January total monthly volumes reached 13.09 TWh, up by 19% year-on-year. Gas UK spot experienced a 17% growth year-on-year, recording a total volume of 12.86 TWh. The APX-ENDEX’s On-the-day Commodity Market (OCM) reached the highest daily flow-day volume ever on 9 January when 1,187,084 MWh (40.5 million therms) was traded. Gas NL spot retained the healthy volumes and recorded 215 GWh, while Gas ZEE spot volumes reached 13.48 GWh.

6,315 trades were registered on the gas spot markets in January.

New Memberships

APX-ENDEX welcomed Accord Energy Ltd as a new trading member to its Power NL futures, Power BE futures and TTF Gas futures markets. Accord’s existing APX-ENDEX memberships include UK Power spot, UK Gas spot and Dutch Power spot.

Clearing and Settlement Services

Belpex – Belgian Power Exchange

In January 2010, APX-ENDEX cleared 883 GWh of power for the day-ahead market of Belpex, the Belgian power exchange. APX-ENDEX provides a number of core services to Belpex, including the daily operations, clearing and settlement procedures for the Belgian day-ahead market.

Carbon

Climex, a pan-European marketplace for trading and auctioning environmental commodities and energy contracts, recorded 432 kilotonnes (both Over-the-Counter and exchange traded volumes) on its spot market. The volume weighted average price (VWA) for January 2010 was €12.81/tonne. APX-ENDEX clears and settles transactions traded on the Climex trading platform.

APX Indices

In January, the Dutch power index for the Day-Ahead Market, APX NL DAM Index, had a monthly average price of €43.50 /MWh.

APX Power UK’s Spot Base Load Index (derived from APX Power UK’s Reference Price Data (RPD)) had a high of £ 73.45/MWh on 8 January and a low of £ 31.50/MWh on 1 January. The Spot Peak Load Index (also RPD-derived) had a high of £ 101.03/MWh on 8 January and a low of £ 31.92/MWh on 1 January.

The SAP index, based on APX Gas UK’s OCM trades, experienced a high at 64.43 p/therm on 9 January and a SAP low of 32.34 p/therm on 17 January. The SMP Buy had a high of 100.00 p/therm on 9 January and a low of 33.18 p/therm on 17 January. The SMP Sell reached a high of 48.95 p/therm on 9 January and a low of 30.00 p/therm on 17 January.

-ENDS