Λεπτομέρειες βιβλιογραφικής εγγραφής
| Τίτλος: |
Europe's Power Exchange Giant EEX Eyes New Weather Futures. |
| Συγγραφείς: |
Hui, Mary (AUTHOR), Wertz, Joe (AUTHOR) |
| Πηγή: |
Bloomberg.com. 9/22/2026, pN.PAG-N.PAG. 1p. |
| Θεματικοί όροι: |
*Derivative securities, *Electricity markets, *Energy industries, *Renewable energy sources, *Renewable natural resources |
| Γεωγραφικοί όροι: |
Europe |
| Περίληψη: |
The article reports that the European Energy Exchange AG, the world's largest power bourse, is exploring the introduction of new weather futures contracts to manage the volatility associated with renewable energy generation. These contracts, which would cover onshore wind, solar, and temperature derivatives, are intended for markets in Germany, the UK, France, the Netherlands, and Spain, and would be settled using independent datasets from Enwex GmbH. The move reflects the growing role of wind and solar in global electricity generation, which accounted for 17% of global supply last year and 30% in Europe, surpassing fossil fuels for the first time. While the exchange has actively discussed the proposal with its members and sought feedback from traders, no firm plans or launch dates have been finalized. This expansion aligns with broader trends in weather derivatives, as seen in the Chicago Mercantile Exchange and other platforms, to address increased volatility in energy markets. [Extracted from the article] |
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| Βάση Δεδομένων: |
Business Source Index |