SEMOpx monthly report for June 2022
Affected Period
Status
Closed
Category
SEMOpx
Run Type
N/A
Created
Last Updated
Dear Member,
The SEMOpx June 2022 monthly report can be found here.
The key market statistics are:
- Traded volume (GWh) is 3% higher in June 2022 than in June 2021 with a 3% decline versus May 2022.
- The traded value (€) is 97% higher in June 2022 than the previous year and shows a 24% increase in comparison to May 2022.
- DAM average price for June 2022 is 91% higher than in June 2021 and
increased 27% from May 2022.
- DAM average prices and market value remain higher than historical levels
due to the elevated gas prices and unpredictability of renewable output. The
month on month increases have relaxed due to increased levels of LNG in GB
however market coupling fundamentals with mainland Europe have shifted
resulting in net import trends reversing to net export which will have a knock
on effect in SEM.
If you require more detailed information please see our current Ex-Ante Market look back dataset which is available from the SEMOpx website. This dataset is regularly updated with historical price and volume information for all the SEM Ex-Ante markets. For dataset containing information from go live to Dec 2020 please see here.
Kind regards,
SEMOpx