Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013
EEX Tobias Paulun

21766

Trading in EEX wind power futures to begin in early October

RELATED TOPICS​

From 4 October 2016, trading participants on the EEX Derivatives Market will be able to hedge against volume risks in the generation of wind power within the German/Austrian market area using EEX’s new Wind Power Futures product.

The Wind Power Future is the second “Energiewende” product to be launched by the exchange and comes in response to the increasing challenges with regards to the energy transition.
 
In September 2014, EEX launched trading in Cap Futures, a Derivatives Market product for hedging against price peaks on the German Intraday Market.
 
“Unlike the Cap Future, the Wind Power Future addresses volume risks which arise for market participants on the Day-Ahead Market as a result of the fluctuating feed-in of wind power,” says Dr Tobias Paulun, chief strategy officer of EEX.
 
The new product is an index future for which EEX offers weekly, monthly, quarterly and annual maturities.
 
EEX uses the Wind Power Index for Germany and Austria calculated by EuroWind, Cologne, for the settlement. This index describes the actual feed-in of power from wind power plants in Germany and Austria relative to the installed capacity on the basis of a model-based approach. The so-called load factor is calculated on an annual basis from weather data of the German National Meteorological Service and the Austrian Central Institute for Meteorology and Geodynamics (ZAMG) and includes all wind power plants installed in Germany and Austria.  

Latest News

Data provider Preqin has published its Deal Flow Monitor: Q1 2024 report, examining trends in..
Global index revenues increased 9.3 per cent in 2023, totalling a record USD5.8 billion, according..
Octopus Investments (Octopus) has announced it has launched a Natural Capital Strategy...

Related Articles

Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Different flavours
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led, multi-boutique global asset manager with over USD20 billion under management, recently undertook a survey with 204 UK investment professionals, seeking insights into their perceptions and attitudes towards boutique asset managers...
In what is believed to be the first survey of its kind in the UK market, Nedgroup Investments, the investment-led,..
UK map
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be worth billions of pounds in the coming years...
UK local government pension schemes (LGPS) are leading the charge on investment in private markets issuing tenders set to be..
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a possible buyout of EY’s Italian consulting branch...
The trend of private equity firms acquiring businesses in the professional services sector continues with CVC Capital Partners eyeing a..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by