The European Energy Exchange and the European Power Exchange will extend their future-to-spot service to the 12 Nordic power market areas from October 2024. 

Market participants in both power markets will be able to enter bids in the respective Day-Ahead auctions of EPEX SPOT according to their corresponding position in EEX Nordic Zonal Futures.

Jonas Törnquist, COO of EPEX SPOT, commented: “For trading participants of EEX and EPEX SPOT active in the Nordics, this new service brings very concrete advantages: Market participants save time and reduce operational risks by using our automated FTS straight-through process. In addition, monetary savings can be made by building FTS volumes allowance free of trading fees as you trade on the Day-Ahead auction market, on top of contributing to cross-margining collateral savings."

Earlier this year, EEX introduced Nordic Zonal futures and added new expiries in System Price Futures to up to 10 years.

In addition, EEX and its clearing house European Commodity Clearing have waived transaction and clearing fees for all EEX Nordic Power Futures products until 31 December.