EEX exchange introduces Croatian power futures


Photo: iStock


June 26, 2023






June 26, 2023





The European Energy Exchange strengthened its product line in the region of Central and Eastern and Southeastern Europe by rolling out Croatian power futures.

The European Energy Exchange (EEX) today launched the EGSI Natural Gas Index for NBP, several new power and natural gas products and the extension of expiries for selected power, natural and freight derivatives markets. The company, controlled by Deutsche Börse Group, explained its move by pointing to “the return of confidence on power derivatives markets” and persistently high gas trading volumes.

EEX now covers 21 European markets with power futures

While EEX has been present in Central and Eastern and Southeastern Europe for some time, Croatia is a completely new market and the new product offering shall complement the existing product line in this region, the announcement reads. The exchange operator introduced the EEX-PXE Croatian base and peak futures with weekly, monthly, quarterly and annual contracts.

EEX expands in Swiss, Japanese electricity markets

PXE is EEX’s subsidiary Power Exchange Central Europe. Croatian power futures increased the number of European markets with such products to 21, the exchange said.

EEX expanded its portfolio also with Swiss power futures for peak hours and short-term maturities for the Japanese power markets. In addition, it said monthly maturities for French and Japanese power futures would be extended. For natural gas trading, longer expiries will be applied to the TTF, THE, CEGH, and PEG markets. Furthermore, EEX will add expiry extensions on the freight market.

The company added the United Kingdom’s fast-developing NBP natural gas market to its EGSI benchmarks.

Futures enable investors to hedge against price exposure

The rollout of Croatian power futures was arranged in coordination with the Croatian Power Exchange (CROPEX). The derivatives will allow market participants to hedge against price exposure and provide investors with a clear price signal for planning, the two companies said earlier.

Elsewhere in the region, EEX has already issued futures for some countries. The first trades in Slovenian and Bulgarian power futures were registered on June 14, 2019, while the first transaction in Serbian futures took place a few days later.

Two years earlier, in June 2017, EEX expanded its portfolio with financial derivatives for the markets of the Czech Republic, Slovakia, Hungary, Poland, and Romania.

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 to commission first study on possibility of building nuclear power plants

20 June 2024 - The Ministry of Mining and Energy of Serbia invited consultants to conduct an analysis of nuclear energy technologies including SMRs

Guide for integrating biodiversity with green power plants and grid expansion

Eurelectric issues guide for integrating biodiversity in renewables, grid expansion projects

20 June 2024 - The European association of electricity companies, Eurelectric, has published a guide for sustainable electrification


Masdar to take over Terna Energy in deal worth EUR 3.2 billion

20 June 2024 - Masdar is expanding in Greece and Europe by buying Terna Energy for EUR 2.4 billion, translating to an enterprise value of EUR 3.2 billion

WindEurope EU elections center right expected partly revise European Green Deal

WindEurope on EU elections – center-right expected to partly revise European Green Deal

19 June 2024 - Electricity-intensive industry and WindEurope are seeking assurances on the European Green Deal from EU leaders, following the elections