Dear Trading Participants,
The European Energy Exchange (EEX) and European Commodity Clearing (ECC) will offer a six-months transaction and clearing fee waiver for trading in EEX Nordic Power Future contracts to support the further development of the Nordic power market. The fee waiver applies for EEX transaction and ECC clearing fees for trades in the below EEX Power Futures between 1 July 2024 and 31 December 2024.
| Name |
| EEX Danish DK1-DK2 Power Base Future |
| EEX Finnish Power Base Future |
| EEX Norwegian NO1-NO5 Power Base Future |
| EEX Swedish SE1-SE4 Power Base Future |
| EEX Nordic System Price Power Base Futures |
On 25 March 2024, EEX significantly expanded its product range by introducing Nordic Zonal futures and expanding the number of expiries in System Price Futures to up to 10 years. Since then, 30 trading participants have been active in the new Nordic Zonal Futures with a volume of 1.1 TWh being traded in the first three months since launch. Particular trading interest was registered in the Danish and Swedish bidding zones, while also a first trade in Finnish Futures was registered earlier this week. Trading volumes in the Nordic Systems Price Futures have been increasing significantly as well, with 12.2 TWh traded in 2024 year-to-date already, an increase of 95% compared to the same period last year.
EEX will continue to list Nordic System Price Power Futures and Nordic Zonal Power Futures in parallel. In addition, the EEX locational spread trading functionality is available for trading spreads between Nordic System Price Futures and Nordic Zonal Futures as well as selected combinations between Nordic power products and EEX’s power futures in other European markets. This unique setup enables market participants to choose what works best for their trading needs, substantially increases the network of participants in the Nordic region and provides for significant capital savings due to cross-margining effects. EEX will continue to work closely with all stakeholders to rebuild the liquidity in the Nordic power market.
Please feel free to reach out to the EEX Market Operations or EEX Sales team or in case of any questions.
Yours sincerely,
EEX Market Operations
T + 49 341 2156-222
trading@eex.com
EEX Sales
T +49 341 2156-555
sales@eex.com