On the 1st October 2020 SEMOpx celebrated its second 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 43 TWh of electricity, with traded volumes increasing by 5% compared to the first 12 months of operation. The total value of trades in the second year of operation reached €1.6 billion, down from €2.4 billion in the first 12 months of operation. This decrease is a result of lower average prices, with DAM prices averaging 36.4 €/MWh for the last 12 months compared to 56.8 €/MWh in the preceding 12 months.
During the last year SEMOpx welcomed an additional 5 members to the exchange taking the total active members to 54. The latest statistics are available in the Quarterly Market Report Q3 2020.
We look forward to our third year of operation and continuing to assist members in achieving their electricity trading objectives.