EPEX SPOT and ICE ENDEX
Electricity is purchased and sold on the exchange. There are 2 ways electricity can be purchased by BRPs. On EPEX SPOT (European Power Exchange) electricity can be bought or sold for short term. Here the price is established on an hourly basis. What is traded today is for tomorrow’s supply. Prices for the next day are established based on supply and demand. In addition to this (Day Ahead trading), Intraday trading is now also possible on EPEX SPOT.
On the ICE ENDEX (European Energy Derivatives Exchange) exchange, electricity is traded for long-term contracts. Because the ICE ENDEX is a long-term trade market, the price is established per period: per month, quarter or year. On average, the price per kWh is higher here than on the SPOT market, such as EPEX SPOT Power NL Day Ahead, where electricity is traded for short-term contracts. The difference is roughly between 10% and 20%.
As indicated, ENDEX prices are normally about 10% to 20% higher than EPEX SPOT prices. However, looking at the expected trends, you may choose to buy your energy on the ENDEX exchange. For example, when the trends predict that energy prices will rise, it may be smart to opt for a long-term contract. This offers certainty and you will have a clear overview of the energy costs for a certain period of time. Because you can map these costs more clearly, it is easier to pass this on in your cost price, for example.
EPEX and ENDEX chart
The prices are shown per period and are determined on the basis of supply and demand. As a large-scale consumer, you can purchase your energy on the EPEX or ENDEX exchange, depending on your wishes and needs.
The best price for your energy thanks to PVNED
With the expertise that PVNED has in-house, we make you pay the best price for your energy. PVNED facilitates energy purchasing on the EPEX SPOT market itself and on the ICE ENDEX market through one of our partners. We do this based on the demand of our customers. We match the demand and supply of energy among our customers with the expected energy consumption, with the aim of balancing the demand and supply of energy at any time of the day.
Want to know more or need advice? Contact us!