Hungary, HUDEX futures liquidity up 133% to 1.52 TWh in December

, SEE Energy News

A total of 1.52 million MWh was traded on the Hungarian electricity derivatives exchange HUDEX in December 2022, which is 133% more compared to 653,900 MWh in November, according to the monthly report of the exchange operator.

The average daily trade volume was 72,403 MWh in December, which is also 133% more compared to the previous month (29,723 MWh) in November.

The highest daily trading volume was achieved during trading on December 15 – 410,276 MWh

The largest volume of transactions was achieved for the product with delivery in the first quarter of 2023 – 473 GWh, which is 82% more compared to 260 GWh in the previous month. Also, for delivery in the first quarter of next year, the largest number of contracts was concluded – a total of 100 (compared to 58 contracts in November).

The average price of electricity delivered in December 2022 was 261.15 euros per MWh, and in the fourth quarter of 2022 – 511.49 euros per MWh, according to the HUDEX monthly report.