ICE Plans Wind Futures Across Seven European Markets to…
By Rick Steves
AI summary of the source article
Intercontinental Exchange plans to launch 15 cash-settled wind futures on December 14 across seven European markets, subject to regulatory processes. The contracts will use ENWEX indices to help market participants hedge electricity generation-volume risk.
Why it matters
Wind futures are intended to complement power contracts by allowing producers, utilities, suppliers and buyers under renewable power purchase agreements to manage generation-volume exposure.
Key facts
- ICE plans to launch 15 cash-settled wind futures on December 14 covering Denmark, France, Germany, Italy, the Netherlands, Spain, and the UK.
- The contracts will use ENWEX indices covering onshore, offshore, or combined wind generation depending on the market.
- The seven targeted countries represent more than 70% of Europe's installed wind generation capacity.
Source excerpt · FinanceFeeds
Intercontinental Exchange plans to launch 15 cash-settled wind futures on December 14 , subject to regulatory processes, covering generation indices for Denmark, France, Germany, Italy, the Netherlands, Spain and the United Kingdom. The contracts will use indices published by ENWEX and cover onshore, offshore or combined wind output depending on the market. Together, the seven countries represent…