August 27, 2024 14:02 GMT
POWER: EEX, EPEX to Extend Services to Nordic Power Market
POWER
The European Energy Exchange EEX and the European Power Exchange (EPEX SPOT) will include their “future-to-spot” service in their Nordic power market from October, allowing for participants to bid in day-ahead auctions, EEX said.
- The move is expected to “generate savings as well as cross-margining benefits,” EEX added.
- The announcement comes after Euronext and Nord Pool plan to create a Nordic and Baltic power futures market, with testing to start in March 2025, Nord Pool said.
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