HUPX DAM Trading Year 2014

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1 HUPX DAM Trading Year 214 List of the Members Founder members Admitted members ALPIQ ENERGY SE BC-Energiakereskedo Kft. TRANSENERGO COM S.A. CEZ, a.s. Budapesti Eromu Zrt. Vattenfall Energy Trading GmbH Danske Commodities A/S Citigroup Global Markets Limited VERBUND AG E.ON Global Commodities SE Compagnie Nationale du Rhone Vitol Gas & Power B.V. Energy Financing Team (Switzerland) AG EDF Trading Limited VPP Eromu Uzemelteto es Kereskedelmi Zrt. GDF SUEZ Energia Magyarország Zrt. GEN-I, trgovanje in prodaja elektricne energije, d.o.o. Holding Slovenske Elektrarne d.o.o. JAS Budapest Zrt. Magyar Aramszolgáltató Kft. Matrai Eromu ZRt. MVM Partner ZRt. Statkraft Markets GmbH New members Edison Trading S.p.A. EDS International SK Energi Danmark A/S Energija Naturalis Int d.o.o. Energo-pro Trading JSC Energya VM Gestion De Energia S.L.U. GDF SUEZ Energia Holding Hungary Zrt. HEP d.d. KDF Energy SRL LE Trading a.s. MET Power Hungary Kft. NEAS Energy A/S Trailstone GmbH Annual Report 214 In 214 the total traded volume increased by 39,58% to ,9 MWh compared to ,9 MWh in 213. The average daily traded volume was 34 7,3 MWh. The highest daily traded volume was ,3 MWh on delivery day which is a record daily traded volume since the launch of HUPX DAM market. The number of admitted members was 61 in the examined year. On 19th November the Czech-Slovak-Hungarian-Romanian Day-ahead Electricity Market Coupling was successfully launched. EGL AG Elektro Energija d.o.o. Enel Trade S.p.A. Energy Supply EOOD Ezpada s.r.o. Freepoint Commodities Europe LLP Gazprom Marketing & Trading Ltd GDF Suez Trading SAS Greenergy-Trade Kft. Gunvor International B.V. Hamburger Hungaria Kft. Interenergo d.o.o. ISD Power Kft. MAVIR ZRt. Mercuria Energy Trading SA Monsson Trading S.R.L. Morgan Stanley Capital Group Energy Europe Limited OAM Ozdi Acelmuvek Kft. OMV Trading GmbH OPTENERGY Optimalizált Energiakereskedelmi Kft. Petrol d.d., Ljubljana Repower Trading Ceska republika s.r.o. RWE Supply & Trading GmbH TEI Energy S.p.A. TINMAR-IND S.A page 1 For information purposes only Delivery date: 1/1/214-31/12/214

2 HUPX DAM Trading Year 214 Description Change Description Change HUPX Base Average Price (EUR/MWh)* 42,33 4,5-1,83-4,32% Total Volume (MWh) , , , 39,58% HUPX Peak Average Price (EUR/MWh)* 5,36 47,2-3,34-6,64% Average Daily Traded Volume (MWh) 24 86,2 34 7,3 9 84, 39,58% HUPX Base Trimmed Mean Price (EUR/MWh)** 42,31 4,47-1,84-4,35% Highest Daily Traded Volume (MWh) 41 8, , ,7 5,96% HUPX Peak Trimmed Mean Price (EUR/MWh)** 5,26 46,94-3,33-6,62% Lowest Daily Traded Volume(MWh) , , ,6 55,26% OTC Base Trimmed Mean Price (EUR/MWh)** 42,11 4,74-1,37-3,25% Highest Hourly Traded Volume (MWh) 2 323, ,3 55,1 2,37% OTC Peak Trimmed Mean Price (EUR/MWh)** 54,13 49,98-4,15-7,66% Lowest Hourly Traded Volume(MWh) 49,7 814,6 323,9 66,1% Trimmed Diff. BL. HUPX OTC -,21,29,51-237,59% Average Hourly Traded Volume (MWh) 1 35, ,8 41, 39,58% Trimmed Diff. PL. HUPX OTC,29,14 -,15-53,16% DAM - Weekdays 1-24 (Baseload) 1-24 (Baseload) Highest Traded Price (EUR/MWh) 25,1 16,2-89,99-35,99% Average Daily Traded Volume (MWh) , ,5 1 86,9 4,8% Lowest Traded Price (EUR/MWh) -3,9-6,31 23,78-79,3% DAM - Weekend 1-24 (Baseload) 1-24 (Baseload) Average Daily Traded Volume (MWh) 24 91, , ,9 38,27% Total Turnover (EUR) ,1% Average Daily Turnover (EUR) ,99% DAM - Weekdays 9-2 (Peakload) 9-2 (Peakload) Max. Daily Turnover (EUR) ,21% Average Daily Traded Volume (MWh) , 17 27, ,8 4,55% Min. Daily Turnover (EUR) ,72% DAM - Weekend 9-2 (Peakload) 9-2 (Peakload) Average Daily Traded Volume (MWh) , ,1 4 99,5 35,12% Note: *The average price contains all the hourly prices in the examined periods. **Trimmed Mean is a special average which shows yearly mean prices considering all prices except for the two lowest and the two highest. We applied this indicator to avoid from distortion of the results. Mean is very sensitive to extreme values. page 2 For information purposes only Delivery date: 1/1/214-31/12/214

3 MWh EUR/MWh MWh HUPX DAM Trading Year 214 Prices and volumes 12 HUPX DAM Daily Prices 5 45 HUPX Volumes HUPX BASE price HUPX PEAK price HUPX BASE Volume HUPX PEAK Volume Volume in single hours (MWh) Note: The bar chart shows the traded volumes in single hours in the examined period (1/1/214-31/12/214). We categorized the results according to the traded volume of each hour. Compared to the previous year, the distribution of executed volumes shows changes in the traded volumes: the ratio of the range -13 MWh decreased, while the ratio increased regarding the MWh, MWh, MWh, MWh and 17+ MWh Volumes in single hours current year , , , , ,9 Volumes in single hours previous year , , , , ,2 6956,8 For information purposes only page 3 Delivery date: 1/1/214-31/12/214

4 Hourly DAM Price (EUR/MWh) HUPX DAM Trading Year 214 HUPX vs. Neighbouring Exchanges - Hourly Prices 18 HUPX vs. Neighbouring Exchanges - Hourly Prices HUPX OKTE OPCOM EPEXSPOT_DE/AT EXAA For information purposes only page 4 Delivery date: 1/1/214-31/12/214

5 EUR/MWh EUR/MWh HUPX DAM Trading Year 214 HUPX vs. Neighbouring Exchanges - Baseload Prices 9 HUPX vs. Neighbouring Exchanges - Baseload Prices HUPX OKTE OPCOM EPEXSPOT_DE/AT EXAA HUPX vs. OTC 12 HUPX Prices vs. OTC Prices Trimmed Diff. BL. HUPX OTC,29 Trimmed Diff. PL. HUPX OTC,14 HUPX BASE Price HUPX PEAK Price OTC BASE Price page 5 For information purposes only Delivery date: 1/1/214-31/12/214

6 HUPX DAM Trading Year 214 Average of aggregated OFFERS/BIDS 1/1/214-31/12/214 Aggregated OFFERS/BIDS 1/1/214-31/12/214 Data shown in the table reflects the average hourly aggregated maximum sell and buy volumes, not considering price steps. Data shown in the table reflects hourly aggregated maximum sell and buy volumes, not considering price steps. Hour Offers Bids Index volumes Base Hour Offers Bids Index volumes Base H , , ,8 MIN (offer) 1 84, H , ,6 H3 2 93,9 2 19, ,3 H , , ,8 H , 2 388, ,6 MAX (bid) 2 453,5 H , , ,4 MAX (bid) 893 7,2 H , , ,9 H , , H ,4 2 39,3 1 4,9 Average (offer) 1 884,5 H ,6 87 8,2 H , 2 399, ,7 Average (bid) 2 395,4 H , , ,4 Average (bid) ,5 H ,3 2 44, ,3 H , , , H , , ,5 H ,5 H , , ,6 H , H ,2 2 35, ,5 H ,5 H , , , H , , , MIN (bid) 2 146,4 H , , H5 2 67, , ,4 MAX (bid) 2 569,4 H , ,8 H , , , H , , , H , 2 146,4 1 41,1 Average (offer) 1 965,1 H , ,5 H , ,6 58 5,9 H , , ,4 Peak H , , H ,6 2 45, ,3 MIN (offer) 1 84, H , ,1 H , , ,7 H , ,2 H ,4 2 41, ,8 MIN (bid) 2 296,2 H , , ,3 MIN (bid) , , , , ,1 H21 2 7, , ,7 H , , , , ,9 H , , ,8 H , , , , , , 55 94,2 34 7, , , , ,5 MIN (offer) ,5 H2 2 38, , ,8 MAX (offer) 2 257,2 H , , ,1 MAX (offer) , ,7 MIN (bid) , , MAX (bid) , ,5 Average (offer) ,3 H8 2 32, , ,6 Average (bid) 2 33,8 H , , ,3 Average (bid) , , Peak 55 27,4 MIN (offer) ,5 H , 2 433, ,8 MAX (offer) 1 944,3 H , , ,1 MAX (offer) , ,5 Average (offer) ,8 page 6 For information purposes only Delivery date: 1/1/214-31/12/214

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