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Renewables growth surges trading platform

EPEX SPOT jumped a massive 21% as more green power was traded across Europe

Renewables and more decentralised power trading pushed EPEX SPOT to a record 868 TWh in 2024, a 21% jump from the previous year,

EPEX SPOT is a European power exchange where electricity is traded on short-term markets. It facilitates day-ahead and intraday trading, ensuring efficient energy distribution across countries.

Day-Ahead trading volumes rose 21% to 654 TWh, while Intraday trading surged 22% to 215 TWh.

Both figures mark new milestones for the platform. The introduction of coupled Intraday auctions under the Single Intraday Coupling (SIDC) in June, added fresh momentum to short-term trading, as did expanding markets for Guarantees of Origin (GOs).

Renewable energy’s growing role is reshaping trading patterns, with intermittent generation and increasing electrification driving greater reliance on short-term markets.

“These markets are key to supporting Europe’s energy transition,” said CEO Ralph Danielski. “The trust and activity of our members reflect the opportunities these platforms provide.”

EPEX SPOT’s record-breaking year highlights the accelerating shift to clean energy and the critical role power trading plays in supporting Europe’s renewable energy goals.

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