Hungary: HUPX achieved new record total traded volume in 2019

, SEE Energy News

Both traded volumes and membership numbers increased on the Hungarian Power Exchange (HUPX) in 2019. The exchange achieved important development milestones and closed a successful year with new record yearly volume.
Total traded volume on HUPX day-ahead market in 2019 reached 22,243 GWh, thus achieving a 11.7 % increase from the 19,908 GWh realized in 2018. The most successful month in the operation of day-ahead market was March when it reached record heights in trading with a total volume of 2,016 GWh. The highest ever daily traded volume in HUPX‟s history was also achieved in 2019 with 77,811 MWh reached for the delivery day of 27 February.
HUPX experienced great growth in the intraday volumes in the end of 2019 thanks to going live with XBID on 19 November. On the intraday market the total 155,788 MWh traded volume of 2019 was nearly 3 times higher than in 2018, when 55,093 MWh was traded on the intraday market. The highest daily traded volume was 5,565 MWh achieved on 13 December 2019.
Furthermore, the exchange also welcomed altogether 7 new members on its intraday market thus had been operating with 36 members while on the day-ahead market 6 new members were admitted and the membership number reached 59 by the end of 2019.