On the 1st October 2022 SEMOpx celebrated its fourth year of operation, successfully providing trading services in the day-ahead and intraday timeframes to the Single Electricity Market.
In the last 12 months SEMOpx has facilitated the trading of over 48 TWh of electricity, with traded volumes increasing by 4% compared to our third year of operation. The total value of trades in the fourth year of operation reached 11.6 billion Euro, up from 4.4 billion Euro in the previous 12 months of operation. This increase is a result of higher energy prices being seen globally, with DAM prices averaging 235.71 Euro/MWh for the last 12 months compared to 92.4 Euro/MWh in the preceding 12 months.
During the last year SEMOpx welcomed 7 additional members to the exchange taking the total active members to 61.
The latest statistics for the year October 2021 - September 2022 are available in the Ex-Ante Market Summary here. We also regularly provide Quarterly Market Summary reports - see the latest summary here.
We look forward to our fifth year of operation and continuing to assist members in achieving their electricity trading objectives.