Annual Report 2013. HUPXDAM Trading Year 2013. Members



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Annual Report 2013 In 2013 the total traded volume on HUPX DAM was 9 074 022,9 MWh. In November the monthly traded volume reached a new record: 901 634,9 MWh. The highest daily traded volume was 41 008,6 MWh on 8th April delivery day which is also the record daily traded volume since the launch of HUPX DAM market. By the end of the year the number of HUPX DAM Members reached 53. Members Alpiq Energy SE BC-Energiakereskedő Kft. ISD Power Kft. CEZ, a.s. Budapesti Erőmű Zrt. MAVIR ZRt. Danske Commodities A/S Citigroup Global Markets Limited Mercuria Enegy Trading S.A E.ON Global Commodities SE Compagnie Nationale du Rhone Monsson Energy Trading S.R.L. Energy Financing Team (Switzerland) AG DB Energy Commodities Ltd. Morgan Stanley Capital Croup Energy Europe Limited GDF SUEZ Energia Magyaroszág Zrt. EDF Trading Limited Motim Zrt. GEN-I d.o.o. Edison Trading S.p.A. Magyarországi Fióktelepe ÓAM Ózdi Acélművek Kft. Holding Slovenske Elektrarne d.o.o. EGL AG OMV Trading GmbH JAS Budapest Zrt. Elektro Energija d.o.o. OPTENERGY Kft. Magyar Áramszolgáltató Kft. Enel Trade S.p.A. PETROL d.d. Ljubljana Mátrai Erőmű Zrt. Energy Supply EOOD RD CZ ENERGY s.r.o. MVM Partner Zrt. Ezpada s.r.o. Repower Trading Ceska republika s.r.o Statkraft Markets GmbH Freepoint Commodities Europe LLP RWE Supply &Trading GmbH Gazprom Marketing & Trading Ltd GDF Suez Trading SAS Greenergy-Trade Kft. Gunvor International B.V. HAMBURGER Hungaria Kft. HEP Magyarorszag Energia Kft Interenergo d.o.o. TEI-ENERGY S.p.A TINMAR-IND S.A. TRANSENERGO COM S.A. Vattenfall EnergyTrading GmbH VERBUND AG Vitol Gas & Power B.V. VPP Erőmű Üzemeltető és Kereskedelmi Zrt. page 1 HUPX Day-Ahead Market Trading year: 2013

page 2 HUPX Day-Ahead Market Trading year: 2013

Market results Description 2012 2013 Change Description 2012 2013 Change HUPX Base Average Price (EUR/MWh) 51,49 42,33-9,16-17,79% Total Volume (MWh) 6 321 797,6 9 074 022,9 2 752 225,3 43,54% HUPX Peak Average Price (EUR/MWh) 61,34 50,35-10,99-17,92% Average Daily Traded Volume (MWh) 17 272,7 24 860,3 7 587,7 43,93% Diff. BL. HUPX OTC 1,21-0,28-1,49-123,19% Highest Daily Traded Volume (MWh) 34 461,9 41 008,6 6 546,7 19,00% Diff. PL. HUPX OTC 1,16 0,14-1,02-88,03% Lowest Daily Traded Volume(MWh) 9 942,0 17 341,1 7 399,1 74,42% Highest Hourly Traded Volume (MWh) 1 796,6 2 323,2 526,6 29,31% Highest Traded Price (EUR/MWh) 200,01 250,01 50,01 25,00% Lowest Hourly Traded Volume(MWh) 272,7 490,7 218,0 79,94% Lowest Traded Price (EUR/MWh) -113,67-30,09 83,58 73,53% Average Hourly Traded Volume (MWh) 719,6 1 035,8 316,2 43,94% Total Turnover (EUR) 321 000 374 388 249 516 67 249 142 20,95% DAM - Weekdays 01-24 (Baseload) 01-24 (Baseload) Average Daily Turnover (EUR) 877 050 1 063 697 186 647 21,28% Average Daily Traded Volume (MWh) 17 573,8 25 166,7 7 592,9 43,21% Max. Daily Turnover (EUR) 2 469 867 2 464 948-4 918-0,20% DAM - Weekend 01-24 (Baseload) 01-24 (Baseload) Min. Daily Turnover (EUR) 123 980 179 069 55 089 44,43% Average Daily Traded Volume (MWh) 16 514,2 24 091,6 7 577,4 45,88% DAM - Weekdays 09-20 (Peakload) 09-20 (Peakload) Average Daily Traded Volume (MWh) 8 386,6 12 243,0 3 856,4 45,98% DAM - Weekend 09-20 (Peakload) 09-20 (Peakload) Average Daily Traded Volume (MWh) 7 824,7 11 667,5 3 842,8 49,11% page 3 HUPX Day-Ahead Market Trading year: 2013

HUPX daily base prices and traded volumes page 4 HUPX Day-Ahead Market Trading year: 2013

HUPX prices vs. neighboring exchanges base prices page 5 HUPX Day-Ahead Market Trading year: 2013

HUPX prices vs. neighboring exchanges hourly spread page 6 HUPX Day-Ahead Market Trading year: 2013

Average hourly prices page 7 HUPX Day-Ahead Market Trading year: 2013

Monthly traded volumes Monthly volumes Increase (MWh) January 705 571,6 February 581 282,8-124 288,8 March 740 033,3 158 750,5 April 822 375,0 82 341,7 May 736 215,2-86 159,8 June 653 791,9-82 423,3 July 701 879,6 48 087,7 August 768 885,9 67 006,3 September 732 412,9-36 473,0 October 846 064,6 113 651,7 November 901 634,9 55 570,3 December 883 875,2-17 759,7 Average 756 168,6 16 209,4 page 8 HUPX Day-Ahead Market Trading year: 2013

Average daily traded volumes month by month Average daily volumes (MWh) January 22 760,4 Increase February 20 760,1-2 000,3 March 23 872,0 3 111,9 April 27 412,5 3 540,5 May 23 748,9-3 663,6 June 21 793,1-1 955,8 July 22 641,3 848,2 August 24 802,8 2 161,5 September 24 413,8-389,0 October 27 292,4 2 878,6 November 30 054,5 2 762,1 December 28 512,1-1 542,4 Average 24 838,6 522,9 page 9 HUPX Day-Ahead Market Trading year: 2013

Hourly total volumes and hourly average volumes page 10 HUPX Day-Ahead Market Trading year: 2013

Traded volumes in single hours page 11 HUPX Day-Ahead Market Trading year: 2013