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) December-05 3 124 8 875 769 422 656 149 21 11 478 079 729 816
January-06 4 518 12 138 664 551 757 205 21 12 499 007 872 904 February-06 3 160 8 806 902 440 345 158 21 13 154 646 629 136
Year Contracts February-06
MW MWh Low traded
(€/MWh)
High traded (€/MWh)
Settlement price (end of month)
Settlement price (end of prev.
month)
Variation
Base
2007 338 2 960 880 56,25 59,60 59,00 55,84 6%
2008 208 1 827 072 53,50 58,05 56,95 52,23 9%
2009 45 394 200 53,40 58,30 57,26 51,95 10%
Peak
2007 15 46 980 80,60 80,95 84,05 79,15 6%
2008 60 188 640 77,45 83,70 82,00 75,10 9%
2009 - - - - 82,10 74,60 10%
Quarter Contracts February-06
MW MWh Low traded
(€/MWh)
High traded (€/MWh)
Settlement price (end of month)
Settlement price (end of prev.
month)
Variation
Base
Q2 433 945 672 52,60 57,00 54,40 52,38 4%
Q3 196 432 768 55,80 58,90 58,20 54,75 6%
Q4 293 647 237 65,85 70,15 70,15 64,80 8%
Q1 250 539 750 66,50 71,00 71,09 65,83 8%
Peak
Q2 77 60 060 75,00 78,85 75,63 75,63 0%
Q3 125 97 500 80,50 83,20 81,80 79,75 3%
Q4 12 9 360 101 101,85 100,85 95,00 6%
Q1 - - - - 104,18 97,00 7%
Month Contracts February-06
MW MWh Low traded
(€/MWh)
High traded (€/MWh)
Settlement price (end of month)
Settlement price (end of prev.
month)
Variation
Base
03/2006 445 330 635 62,50 76,25 68,05 70,75 -4%
04/2006 240 172 800 54,25 60,05 56,30 66,50 -15%
05/2006 80 59 520 49,80 52,20 51,40 54,85 -6%
Peak
03/2006 253 69 828 85,75 103,25 91,56 102,50 -11%
04/2006 15 3 600 81,15 81,15 77,95 95,25 -18%
05/2006 50 13 800 69,50 69,70 69,55 80,00 -13%
February 28, 2006
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Baseload contracts overview
Monthly volume in MW
0 500 1000 1500 2000 2500 3000 3500
Sep-04 Oct-04
Nov-04 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
Yearly contracts Quarterly contracts Monthly contracts
Daily settlement price in €/MWh
42 46 50 54 58 62 66 70 74 78 82 86 90
01/09/05 07/09/05
13/09/05 19/09/05
23/09/05 29/09/05
05/10/05 11/10/05
17/10/05 21/10/05
27/10/05 03/11/05
09/11/05 15/11/05
21/11/05 25/11/05
01/12/05 07/12/05
13/12/05 19/12/05
23/12/05 30/12/05
05/01/06 11/01/06
17/01/06 23/01/06
27/01/06 02/02/06
08/02/06 14/02/06
20/02/06 24/02/06 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
01/09/05 13/09/05 23/09/05 05/10/05 17/10/05 27/10/05 08/11/05 18/11/05 30/11/05 12/12/05 22/12/05 05/01/06 17/01/06 27/01/06 08/02/06 20/02/06 2005 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
0 100 200 300 400 500 600 700 800 900 1000 1100 1200
Sep- 04
Oct- 04
Nov-04 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 Monthly contracts Quarterly contracts Yearly contracts
50 55 60 65 70 75 80 85 90 95 100 105 110 115 120 125 130 135 140
01/09/0507/09/0513/09/0519/09/0523/09/0529/09/0505/10/0511/10/0517/10/0521/10/0527/10/0503/11/0509/11/0515/11/0521/11/0525/11/0501/12/0507/12/0513/12/0519/12/0523/12/0530/12/0505/01/0611/01/0617/01/0623/01/0627/01/0602/02/0608/02/0614/02/0620/02/0624/02/06 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
0 200 000 400 000 600 000 800 000 1 000 000 1 200 000 1 400 000 1 600 000
01/09/05 09/09/05 19/09/05 27/09/05 05/10/05 13/10/05 21/10/05 31/10/05 08/11/05 16/11/05 24/11/05 02/12/05 12/12/05 20/12/05 29/12/05 09/01/06 17/01/06 25/01/06 02/02/06 10/02/06 20/02/06 28/02/06
2005 2006 2007 2008
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This document published by POWERNEXT SA is for information purposes only and is not
Market Liquidity
03/2006 Baseload Contract
Q2/2006 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%
01/02/06 03/02/06 07/02/06 09/02/06 13/02/06 15/02/06 17/02/06 21/02/06 23/02/06 27/02/06
Average bid-ask spread
0 1 2 3 4 5 6 7 8 9
01/02/06 02/02/06
03/02/06 06/02/06
07/02/06 08/02/06
09/02/06 10/02/06
13/02/06 14/02/06
15/02/06 16/02/06
17/02/06 20/02/06
21/02/06 22/02/06
23/02/06 24/02/06
27/02/06 28/02/06
€/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
01/02/06 03/02/06
07/02/06 09/02/06
13/02/06 15/02/06
17/02/06 21/02/06
23/02/06 27/02/06
€/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%
01/02/06 03/02/06 07/02/06 09/02/06 13/02/06 15/02/06 17/02/06 21/02/06 23/02/06 27/02/06
Average bid-ask spread
0 0,1 0,2 0,3 0,4 0,5 0,6 0,7 0,8 0,9 1
01/02/06 03/02/06
07/02/06 09/02/06
13/02/06 15/02/06
17/02/06 21/02/06
23/02/06 27/02/06
€/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%
01/02/06 03/02/06 07/02/06 09/02/06 13/02/06 15/02/06 17/02/06 21/02/06 23/02/06 27/02/06
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This document published by POWERNEXT SA is for information purposes only and is not
03/2006 Peakload Contract
Q2/2006 Peakload Contract
Cal 2007 Peakload Contract Average bid-ask spread
0 1 2 3 4
01/02/06 02/02/06
03/02/06 06/02/06
07/02/06 08/02/06
09/02/06 10/02/06
13/02/06 14/02/06
15/02/06 16/02/06
17/02/06 20/02/06
21/02/06 22/02/06
23/02/06 24/02/06
27/02/06 28/02/06
€/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%
01/02/06 03/02/06 07/02/06 09/02/06 13/02/06 15/02/06 17/02/06 21/02/06 23/02/06 27/02/06
Average bid-ask spread
0 2 4 6 8 10
01/02/06 03/02/06
07/02/06 09/02/06
13/02/06 15/02/06
17/02/06 21/02/06
23/02/06 27/02/06
€/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%
01/02/06 03/02/06 07/02/06 09/02/06 13/02/06 15/02/06 17/02/06 21/02/06 23/02/06 27/02/06
Average bid-ask spread
0 1 2 3
01/02/06 03/02/06
07/02/06 09/02/06
13/02/06 15/02/06
17/02/06 21/02/06
23/02/06 27/02/06
€/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%
01/02/06 03/02/06 07/02/06 09/02/06 13/02/06 15/02/06 17/02/06 21/02/06 23/02/06 27/02/06
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This document published by POWERNEXT SA is for information purposes only and is not
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 [email protected] [email protected]
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 [email protected] [email protected]
[email protected] Philippe CHAUVANCY : 33 (0) 1 73 03 96 03
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This document published by POWERNEXT SA is for information purposes only and is not
