Electricity

EEX, BSP Southpool to launch Slovenian power futures

Photo: BSP Southpool

Published

June 19, 2018

Country

Comments

comments icon

0

Share

Published:

June 19, 2018

Country:

Comments:

comments icon

0

Share

The European Energy Exchange (EEX) will list Slovenian cash-settled, Euro-denominated futures contracts on its pan-European power derivatives platform, the Slovenian Energy Exchange (BSP Southpool) said in a statement, adding that the new power futures will be settled against the SIPX spot market index as calculated by BSP Southpool.

The launch of the new contracts is planned for the first quarter of 2019.

Tobias Paulun, Chief Strategy Officer of EEX, said that Slovenia has become a liquid hub for cross-border trading with Italy and Hungary, and therefore, the new products will bridge the gap between those markets.

Trading volumes on the Slovenian spot market of BSP Southpool have increased considerably in the past 12 months, reaching a monthly record of 0.8 TWh in March 2018.

The listing of power futures at EEX is a natural step to support this growth trend and to open up the Slovenian power market for additional trading participants, Anze Predovnik, CEO of BSP Southpool said.

In June 2017, EEX integrated the Power Exchange Central Europe (PXE) products for the Czech Republic, Hungary, Poland, Slovakia and Romania onto its platform. Since then, interest in these products has increased continuously with more than 70 TWh traded in these markets between June 2017 and May 2018.

Two weeks ago, EEX and the South East European Power Exchange (SEEPEX) also entered into a cooperation for the listing of cash-settled power futures.

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

bih solar wind projects tso nosbih electricity generation plan

Investors in BiH developing 3,800 MW of wind, 12,500 MW of solar

29 April 2025 - The projections are from the indicative plan for the development of production 2026-2035, published by TSO NOSBiH

North Macedonia MEPSO contractor power line Albanian border

North Macedonia’s MEPSO seeks contractor for power line to Albanian border

29 April 2025 - MEPSO launched a tender for a 400 kV transmission line, the North Macedonian part of a planned interconnection with Albania

Electricity system Spain Portugal collapses from unknown cause

Electricity system in Spain, Portugal collapses amid extreme temperature variations

28 April 2025 - Power was out today throughout Spain and Portugal, in Andorra and parts of southern France amid one of the most serious outages so far

Episodes negative power prices Slovenia Romania workdays

Episodes of negative power prices in Slovenia, Romania spread to workdays

28 April 2025 - Romania and Slovenia are experiencing the first episodes of negative day-ahead power prices on workdays, as the phenomenon used to occur only on holidays and weekends