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FEBRUARY 2013

MONTHLY MARKET REPORT

Opcom

Romanian power market operatoropcom

stepping forward to the futureearning every day-ahead your trust

7/27/2019 R_2013_02_EN.pdf


© ROMANIAN POWER MARKET OPERATOR 1

Day-Ahead MarketSpot Market Relevant figures for February 2013:Number of registered participants on Day Ahead Market: 147Number of active market participants [participants/month]: 106

Average number of active market participants [participants/day]: 98 Average price (arithmetic mean) [EUR/MWh]: 34.86 Average price (weighted mean) [EUR/MWh]: 36.44Total traded volume [MWh]: 1,020,657.710

Average traded volume [MWh/h]: 1,518.836DAM share of net forecasted consumption [%]: 23.02

Value of transactions [mil. EUR]: 37.20

PeriodTotal Traded Volume

[MWh] Average Traded Volume

[MWh/h]DAM Share

[%] Average Price

[EUR/MWh] Value of Transactions

[EUR]

February 2012 936,324.209 1,345.293 18.65% 69.87 65,519,576.74

February 2013 1,020,657.710 1,518.836 23.02% 34.86 37,195,203.51

Variation +9.01% +12.90% +23.42% -50.11% -43.23%

PeriodTotal Traded Volume

[MWh] Average Traded Volume

[MWh/h]DAM Share

[%] Average Price

[EUR/MWh] Value of Transactions

[EUR]

January 2013 1,193,196.008 1,603.758 24.10% 41.35 51,863,944.88

February 2013 1,020,657.710 1,518.836 23.02% 34.86 37,195,203.51

Variation -14.46% -5.30% -4.48% -15.71% -28.28%

Intraday MarketIDM Relevant figures for February 2013:

Number of registered participants on IDM: 59 Number of active market participants [participants/month]: 0 Total traded volume [MWh]: 0

Centralized Market for Bilateral ContractsNumber of registered participants on CMBC: 160

Relevant figures for February 2013 - Public Auction mechanism:Bilateral Contracts Traded in February:

Number of Traded Offers: 47 Traded electricity volume [MWh]: 3,090,505

Avg. (arithmetic mean) Price [EUR/MWh]: 46.50 Avg. (weighted mean) Price [EUR/MWh]: 43.10 Value [mil. EUR]: 133.21

Bilateral Contracts with Delivery in February: Number: 197 Electricity Volume [MWh]: 1,070,302 Market Share out of the estimated consumption [%]: 24.14 Avg. (arithmetic mean) Price [EUR/MWh]: 51.73 Avg. (weighted mean) Price [EUR/MWh]: 52.65 Value [mil. EUR]: 56.35

Relevant figures for February 2013 - Continuous Negotiation mechanism:Standard Contracts traded in February:

Number of base load forward contracts for one quarter delivery period: 20 Traded electricity volume [MWh]: 44,170 Avg. (weighted mean) Price [EUR/MWh]: 43.54 Value [mil. EUR]: 1.92

Standard Contracts with Delivery in February: Number of base load forward contracts for one week delivery period: 30 Number of base load forward contracts for one month delivery period: 15 Number of base load forward contracts for one quarter delivery period: 3 Electricity Volume [MWh]: 16,176 Market Share out of the estimated consumption [%]: 0.36 Avg. (weighted mean) Price [EUR/MWh]: 52.80 Value [mil. EUR]: 0.85

Centralized Market for Green CertificatesGCM Relevant figures for February 2013: Number of registered participants on Centralized Market for Green Certificates: 277Number of active market participants [participants/month]: 63Green Certificates:

Number: 143,595 Average price [EUR/certificate]: 54.60

For more information about the Power Market results of February 2013 the reader is referred to OPCOM website: www.opcom.ro

7/27/2019 R_2013_02_EN.pdf


© ROMANIAN POWER MARKET OPERATOR 2

Day Ahead Market Prices (EUR/MWh) February 2013

Base (1-24) Peak (7-22) Off-Peak (1-6 & 23-24)

34.86 -15,71% 40.78 -16.21% 23.01 -13.87%

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EUR/MWhAverage Price Average Price for Peak Average Price for Off-Peak

Figure 1: Daily DAM price development (base, peak and off-peak)

Day Ahead Market February 2013

Traded Volume [MWh] Market Share [%]

1,020,657.710 -14.46% 23.02

Centralized Market for Electricity Bilateral Contracts (CMBC and CMBC-CN) February 2013

Delivery Volume [MWh] Market Share [%]

1,086,478.394 +3,43% 24.50

aţa0%

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MWhVo lum e - CM BC- CN Vo lum e - CM BC Vo lu me - DAM DAM Sh are C MBC S ha re C MB C- CN Sh ar e T ot al ma rk et s ha re (D AM +CM BC+ CMBC -CN)

Figure 2: Monthly development for DAM transactions and deliveries according to contracts concluded on centralized market for bilateral contracts

69.87

47.8143.60

40.39 41.11

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47.2244.29 44.91

40.89 41.35

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49.5948.99 49.07 49.47

53.17 51.73

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EUR/MWh Average Price DAM Average Price CMBC for delivery

Figure 3: Monthly development for DAM average price and CMBC average price for deliveries according to concluded contracts

Centralized Market for Green Certificates February 2013

Number of Green Certificates Price* [EUR/certificate]

143,595 -29.41% 54.60 -3.12%

56.1557.39 57.36 56.34 56.06 55.70 55.58

55.95 56.17 56.37 56.49 56.3654.60

55.4257.03

56.7954.80 54.36

52.6253.47 53.88 53.30 57.03 56.79

55.6453.82

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[EUR/certificate]Traded Volume (Number of Green Certificates) Price * Price **

Figure 4: Monthly development for price and number of traded green certificates

*The price in Romanian currency was converted to EUR using the average exchange rate for the last month of the previous year published by National Bank of Romania (BNR). Thisreference exchange rate respects the provisions of the Law 220/27.10.2008, with further amendments and additions. For March 2011 - February 2012, the value of the averageexchange rate is equal to 4.2925 lei. Starting from March 2012 the value of the average exchange rate is equal to 4.3267 RON.** The price in Romanian currency was converted to EUR using the exchange rate published by National Bank of Romania (BNR) in the preceding day of the trading day. Beginningwith March 2012, the monthly price is calculated as weighted average of the prices of the two sessions organized by OPCOM.

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www.opcom.ro

Bd. Hristo Botev 16-18

Bucure?ti 030236ROMÂNIA

Opcom

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