EEX Group reported 1,464.2 TWh of global power trading in October, 19% more than a year earlier. The biggest European contribution came from derivatives: European power futures and other derivatives reached 1,043.8 TWh, up 28%, compared with 92.8 TWh of European spot power, up 18%.[1]
Inside spot power, day-ahead volume was 64.9 TWh, up 12%, while intraday reached 28.0 TWh, up 32%. In derivatives, German power futures rose 26% to 684.6 TWh and French power futures rose 30% to 173.8 TWh. EEX also reported faster percentage growth in several smaller regional contracts, including Spanish, Dutch, Greek and Central and South-Eastern European power.[1]
October power activity
| Market | Volume | Year-on-year change |
|---|---|---|
| Global power | 1,464.2 TWh | +19%Source 1 |
| European power spot | 92.8 TWh | +18%Source 1 |
| Day-ahead | 64.9 TWh | +12%Source 1 |
| Intraday | 28.0 TWh | +32%Source 1 |
| European power derivatives | 1,043.8 TWh | +28%Source 1 |
| German power futures | 684.6 TWh | +26%Source 1 |
| French power futures | 173.8 TWh | +30%Source 1 |
Gas was steadier while some environmental derivatives accelerated
Natural-gas trading across EEX Group totalled 725.3 TWh, up 2% year on year. Spot gas was 306.7 TWh, also up 2%, and derivatives were 394.9 TWh, up 3%. The Dutch TTF remained a major growth area within that total: TTF spot volume rose 19% to 138.9 TWh and TTF futures rose 14% to 258.7 TWh. Italian PSV futures rose 54%, while UK NBP futures were reported more than three times the prior-year level.[1]
Environmental and renewable instruments were smaller in absolute terms but showed sharper percentage moves. Guarantees of Origin trading reached 10.6 TWh, up 21%, including 5.8 TWh of futures, up 36%. Total environmental-market volume was 77.6 million tonnes of CO2, and secondary-market options volume was 1.8 million tonnes, up 255% year on year.[1]
Other October growth markers
| Segment | Volume / change |
|---|---|
| Natural gas total | 725.3 TWh / +2%Source 1 |
| TTF spot | 138.9 TWh / +19%Source 1 |
| TTF futures | 258.7 TWh / +14%Source 1 |
| PSV futures | 15.9 TWh / +54%Source 1 |
| Guarantees of Origin | 10.6 TWh / +21%Source 1 |
| GoO futures | 5.8 TWh / +36%Source 1 |
| Environmental options | 1.8m tonnes CO2 / +255%Source 1 |
For commodity brokers and clearing or connectivity providers, the mix matters more than the 19% headline alone. Power derivatives grew faster than spot, gas was comparatively stable, and several newer or smaller derivatives markets posted high percentage growth. Capacity and product priorities therefore need to be based on contract-level volumes and open interest rather than a single group total; the release does not by itself establish how much of the growth translated into broker revenue or tighter execution spreads.[1]
Sources & further reading
- EEX Group Monthly Volumes — October 2026 European Energy Exchange · 6 Nov 2026 · Accessed 8 Nov 2026