EPEX Spot power exchange expects further volume growth in 2016

martes 1 de marzo de 2016 10:44 GYT

* Growth in renewable energy pushes spot trading

* Deregulation in France also lends support

* Prominent new members include APG, BTG Pactual, Enea

FRANKFURT, March 1 (Reuters) - European spot electricity exchange EPEX Spot expects growth for the full year 2016 as more renewable energy volumes and a freeing up of supply from regulated tariffs boost the business, it said on Tuesday, presenting data for February.

"We assume a high one-digit growth rate for the year 2016 - that has already been in evidence in the year to date," spokesman Wolfram Vogel said in response to a question.

EPEX Spot operates German, French, Austrian and Swiss spot power trading markets and has a majority stake in gas exchange Powernext. It is part of EEX group, itself a part of Deutsche Boerse.

The latest statistics showed it traded 97.11 terawatt hours (TWh) on its day-ahead and intraday markets in both January and February, 6.9 percent more than in the same period in 2015.

This followed a 19 percent jump in volumes last year when it took over Anglo-Dutch rival APX group, which handles spot trading in Britain, the Netherlands and Belgium.

Power markets in the region are absorbing increasing amounts of power from renewable production sources, a move which is gradually driving wholesale trading towards shorter periods for the day ahead and within a trading day, boosting spot trading.   Continuación...