Euronext: electricity derivatives market with Nord Pool

(CercleFinance.com) - On Tuesday Euronext announced its intention to set up a new Nordic and Baltic power derivatives platform with Nord Pool, the Nordic power exchange.


Euronext explains that the project, called 'Euronext Nord Pool Power Futures', aims to promote liquidity, facilitate trading and meet the needs of the power community in the region.

The Nordic and Baltic power markets are showing signs of recovery since the energy crisis, but initiatives are needed to consolidate and accelerate their recovery, Nord Pool says.

Darell says he has consulted extensively with the partners of his company, which generates around 70% of all power trading in the region.

Their message is clear: they want to end the uncertainty surrounding the power derivatives segment by benefiting from a sufficiently liquid market, he explains.

The system will be based on Optiq, Euronext's proprietary trading technology, with clearing also provided by Euronext Clearing. Nord Pool will provide spot electricity prices.

An initial test phase will be offered to customers from March 2025.


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