POWERNEXT FUTURES™ STATISTICS
Total market volume (MW)
Total market volume (MWh)
Daily average (MWh)
Daily average (MW)
Number of members
Open interest (MWh)
Delivery (MWh) March-06 5 354 8 790 056 382 176 233 21 14 407 918 759 994
April-06 3 547 10 075 140 559 730 197 22 14 665 231 1 009 200 May-06 2 690 8 547 321 407 015 128 23 15 289 912
Year Contracts May-06
MW MWh Low traded
(€/MWh)
High traded (€/MWh)
Settlement price (end of month)
Settlement price (end of prev.
month)
Variation
Base
2007 503 4 406 280 50,00 57,60 55,90 54,00 4%
2008 144 1 264 896 54,00 59,15 58,78 57,88 2%
2009 62 543 120 56,30 59,15 58,80 58,85 0%
Peak
2007 70 219 240 80,25 86,35 84,80 82,50 3%
2008 3 9 432 84,50 84,50 86,38 84,00 3%
2009 5 15 660 88,00 88,00 86,35 83,85 3%
Quarter Contracts May-06
MW MWh Low traded
(€/MWh)
High traded (€/MWh)
Settlement price (end of month)
Settlement price (end of prev.
month)
Variation
Base
Q3 152 335 616 43,00 46,90 45,00 46,78 -4%
Q4 181 399 829 59,00 67,50 65,50 60,88 8%
Q1 160 345 440 65,40 68,95 71,83 68,50 5%
Q2 105 229 320 39,50 41,00 41,25 42,00 -2%
Peak
Q3 169 131 820 65,50 71,20 68,25 67,66 1%
Q4 58 45 240 87,00 96,50 96,13 88,75 8%
Q1 - - - - 104,75 102,25 2%
Q2 35 27 300 60,15 62,00 63,89 62,13 3%
Month Contracts May-06
MW MWh Low traded
(€/MWh)
High traded (€/MWh)
Settlement price (end of month)
Settlement price (end of prev.
month)
Variation
Base
06/2006 456 328 320 38,00 42,45 40,85 43,25 -6%
07/2006 118 87 792 42,00 43,75 43,38 44,88 -3%
08/2006 75 55 800 40,25 41,55 42,62 40,25 6%
Peak
06/2006 244 64 416 56,75 60,25 59,18 65,15 -9%
07/2006 150 37 800 66,15 70,25 67,65 70,00 -3%
08/2006 - - - - 67,20 63,50 6%
May 31, 2006
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Baseload contracts overview
Monthly volume in MW
0 500 1000 1500 2000 2500 3000 3500
Dec-04 Jan-0
5 Feb-0
5 Mar-0
5 Apr-05
May-05 Jun-0
5 Jul-05
Aug-05 Sep-05
Oct-05 Nov-05
Dec-05 Jan-0
6 Feb-0
6 Mar-0
6 Apr-06
May-06 Yearly contracts Quarterly contracts Monthly contracts
Daily settlement price in €/MWh
36 40 44 48 52 56 60 64 68 72 76 80 84 88
01/12/05 08/12/05
15/12/05 22/12/05
30/12/05 06/01/06
13/01/06 20/01/06
27/01/06 03/02/06
10/02/06 17/02/06
24/02/06 03/03/06
10/03/06 17/03/06
24/03/06 31/03/06
07/04/06 18/04/06
25/04/06 03/05/06
10/05/06 17/05/06
24/05/06 Front-Month Front-Quarter Front-Year
Open Interest by Delivery Year in MWh
0 2 000 000 4 000 000 6 000 000 8 000 000 10 000 000 12 000 000 14 000 000
01/12/05 13/12/05 23/12/05 06/01/06 18/01/06 30/01/06 09/02/06 21/02/06 03/03/06 15/03/06 27/03/06 06/04/06 21/04/06 04/05/06 16/05/06 29/05/06 2006 2007 2008 2009
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This document published by POWERNEXT SA is for information purposes only and is not
Peakload contracts overview
Monthly volume in MW
0 250 500 750 1000 1250 1500 1750 2000 2250 2500 2750
Dec-04
Jan-05 Feb-05 Mar-05 Apr-05 May-
05
Jun-05 Jul-05 Aug-
05 Sep-
05 Oct-
05 Nov-05
Dec-05
Jan-06 Feb-06 Mar-06 Apr-06 May-
06
Monthly contracts Quarterly contracts Yearly contracts
45 50 55 60 65 70 75 80 85 90 95 100 105 110 115 120 125 130 135
01/12/0508/12/0515/12/0522/12/0530/12/0506/01/0613/01/0620/01/0627/01/0603/02/0610/02/0617/02/0624/02/0603/03/0610/03/0617/03/0624/03/0631/03/0607/04/0618/04/0625/04/0603/05/0610/05/0617/05/0624/05/06 Front-Month Front-Quarter Front-Year
Daily settlement price of the up-coming delivery period in €/MWh during the last six months
Open Interest by Delivery Year in MWh
0 250 000 500 000 750 000 1 000 000 1 250 000 1 500 000 1 750 000 2 000 000 2 250 000
01/12/05 09/12/05 19/12/05 28/12/05 06/01/06 16/01/06 24/01/06 01/02/06 09/02/06 17/02/06 27/02/06 07/03/06 15/03/06 23/03/06 31/03/06 10/04/06 21/04/06 02/05/06 10/05/06 18/05/06 29/05/06
2006 2007 2008 2009
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Market Liquidity
06/2006 Baseload Contract
Q3/2006 Baseload Contract
Cal 2007 Baseload Contract
Availability of a bid-ask spread (in % of the daily trading session total duration)
40%
50%
60%
70%
80%
90%
100%
02/05/06 03/05/06 04/05/06 05/05/06 08/05/06 09/05/06 10/05/06 11/05/06 12/05/06 15/05/06 16/05/06 17/05/06 18/05/06 19/05/06 22/05/06 23/05/06 24/05/06 26/05/06
Average bid-ask spread
0 1 2 3 4
02/05/06 04/05/06
08/05/06 10/05/06
12/05/06 16/05/06
18/05/06 22/05/06
24/05/06
€/MWh
0 5 10 15 20 25
Lots
Average volume on the spread Average bid-ask spread
Average bid-ask spread
0 0,2 0,4 0,6 0,8 1 1,2 1,4 1,6 1,8 2 2,2 2,4 2,6 2,8 3 3,2 3,4 3,6 3,8 4
02/05/06 04/05/06
08/05/06 10/05/06
12/05/06 16/05/06
18/05/06 22/05/06
24/05/06
€/MWh
0 5 10 15 20 25
Lots
Average volume on the spread Average bid-ask spread
Availability of a bid-ask spread (in % of the daily trading session total duration)
40%
50%
60%
70%
80%
90%
100%
02/05/06 03/05/06 04/05/06 05/05/06 08/05/06 09/05/06 10/05/06 11/05/06 12/05/06 15/05/06 16/05/06 17/05/06 18/05/06 19/05/06 22/05/06 23/05/06 24/05/06 26/05/06
Average bid-ask spread
0 0,1 0,2 0,3 0,4 0,5 0,6 0,7 0,8 0,9 1 1,1 1,2 1,3 1,4 1,5
02/05/06 04/05/06
08/05/06 10/05/06
12/05/06 16/05/06
18/05/06 22/05/06
24/05/06
€/MWh
0 1 2 3 4 5 6 7 8 9 10
Lots
Average volume on the spread Average bid-ask spread
Availability of a bid-ask spread (in % of the daily trading session total duration)
40%
50%
60%
70%
80%
90%
100%
02/05/06 03/05/06 04/05/06 05/05/06 08/05/06 09/05/06 10/05/06 11/05/06 12/05/06 15/05/06 16/05/06 17/05/06 18/05/06 19/05/06 22/05/06 23/05/06 24/05/06 26/05/06
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This document published by POWERNEXT SA is for information purposes only and is not
06/2006 Peakload Contract
Q3/2006 Peakload Contract
Cal 2007 Peakload Contract Average bid-ask spread
0 1 2 3 4 5
02/05/06 03/05/06
04/05/06 05/05/06
08/05/06 09/05/06
10/05/06 11/05/06
12/05/06 15/05/06
16/05/06 17/05/06
18/05/06 19/05/06
22/05/06 23/05/06
24/05/06 26/05/06
€/MWh
0 5 10 15 20 25
Lots
Average volume on the spread Average bid-ask spread
Availability of a bid-ask spread (in % of the daily trading session total duration)
40%
50%
60%
70%
80%
90%
100%
02/05/06 03/05/06 04/05/06 05/05/06 08/05/06 09/05/06 10/05/06 11/05/06 12/05/06 15/05/06 16/05/06 17/05/06 18/05/06 19/05/06 22/05/06 23/05/06 24/05/06 26/05/06
Average bid-ask spread
0 1 2 3 4 5 6
02/05/06 04/05/06
08/05/06 10/05/06
12/05/06 16/05/06
18/05/06 22/05/06
24/05/06
€/MWh
0 5 10 15 20 25
Lots
Average volume on the spread Average bid-ask spread
Availability of a bid-ask spread (in % of the daily trading session total duration)
40%
50%
60%
70%
80%
90%
100%
02/05/06 03/05/06 04/05/06 05/05/06 08/05/06 09/05/06 10/05/06 11/05/06 12/05/06 15/05/06 16/05/06 17/05/06 18/05/06 19/05/06 22/05/06 23/05/06 24/05/06 26/05/06
Average bid-ask spread
0 1 2 3 4 5 6 7
02/05/06 04/05/06
08/05/06 10/05/06
12/05/06 16/05/06
18/05/06 22/05/06
24/05/06
€/MWh
0 1 2 3 4 5 6 7 8 9 10
Lots
Average volume on the spread Average bid-ask spread
Availability of a bid-ask spread (in % of the daily trading session total duration)
40%
50%
60%
70%
80%
90%
100%
02/05/06 03/05/06 04/05/06 05/05/06 08/05/06 09/05/06 10/05/06 11/05/06 12/05/06 15/05/06 16/05/06 17/05/06 18/05/06 19/05/06 22/05/06 23/05/06 24/05/06 26/05/06
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CONTACTS
Powernext S.A. Marketing Marketing and Sales
25, rue Louis Le Grand Audrey MAHUET : 33 (0) 1 73 03 96 05 Thierry CAROL : 33 (0) 1 73 03 96 04
75002 PARIS a.mahuet@powernext.fr t.carol@powernext.fr
tél. +33 (0)1 73 03 96 00 Sovann KHOU : 33 (0) 1 73 03 96 07 Richard KATZ : 33 (0) 1 73 03 96 02
fax +33 (0)1 73 03 96 01 s.khou@powernext.fr r.katz@powernext.fr
information@powernext.fr Philippe CHAUVANCY : 33 (0) 1 73 03 96 03
p.chauvancy@powernext.fr
6
This document published by POWERNEXT SA is for information purposes only and is not
