Electricity

689,877 MWh in Bulgarian, Serbian, Slovenian power futures traded in Q3

power futures

Photo: Csaba Nagy/Pixabay

Published

October 14, 2019

Country

Comments

0

Share

Published:

October 14, 2019

Country:

Comments:

0

Share

European Energy Exchange AG (EEX) registered 46.4 TWh in Eastern European power futures trading in the third quarter of 2019. The Bulgarian, Serbian and Slovenian contracts contributed 689,877 MWh to the volume, EEX said.

On the EEX power derivatives market, futures for Eastern Europe continue their steady growth. In June this year, EEX extended its product range to financially settled futures for Bulgaria, Serbia, and Slovenia.

EEX launched Slovenian, Bulgarian, and Serbian power futures on June 3 and the first trades in Slovenian and Bulgarian futures were registered on June 14, followed by the first trade in Serbian power futures a few days later.

EEX launched Slovenian, Bulgarian, and Serbian power futures on June 3

These products complement the previous offering which include the Czech Republic, Hungary, Poland, Slovakia, and Romania and which have been migrated in cooperation with Power Exchange Central Europe (PXE).

EEX Group provides market platforms for energy and commodity products across the globe and provides access to a network of more than 600 trading participants. The group offers trading in energy, environmental products, freight, metal, and agriculturals as well as subsequent clearing and registry services.

EEX Group consists of the trading venues European Energy Exchange (EEX), EPEX SPOT, Powernext (which operates the PEGAS platform), EEX Asia, Power Exchange Central Europe (PXE) and Nodal Exchange as well as the registry provider Grexel Systems and the clearing houses European Commodity Clearing (ECC) and Nodal Clear. EEX is a member of Deutsche Börse Group.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Serbia opens door for batteries as solution for intermittency of renewables rajakovic nikola

Serbia opens door for batteries as solution for intermittency of renewables

04 February 2023 - We spoke with Professor Nikola Rajaković about proposed changes to the Law on the Use of Renewable Energy Sources

Serbia gets its first commercial PPA financing secured for Krivaca wind farm

Serbia gets its first commercial PPA – financing secured for Krivača wind farm

03 February 2023 - MK Group and ALFI Green Energy Fund have secured EUR 155 million for the project from a consortium of lenders led by Erste Group

Bulgarian IBEX exchange market guarantees of origin

Bulgarian IBEX exchange to set up market for guarantees of origin

03 February 2023 - Independent Bulgarian Energy Exchange – IBEX said it would organize a market for guarantees of origin of electricity

windeurope wind turbenes orders drop 2022

Wind turbine orders in EU drop by almost half in 2022

03 February 2023 - It is the continuation of the downward trend as orders have been declining since the first quarter of 2021