Euronext and Nord Pool announce Nordic and Baltic electricity futures market

(Boursier.com) — Euronext announced today that Nord Pool, the European electricity market, will enter a new business area with the launch, together with Euronext, of a dedicated market for Nordic and Baltic energy derivatives.
The new Euronext Nord Pool Power futures market will be traded on Euronext’s pan-European trading platform Optiq and cleared by Euronext Clearing.

This announcement follows extensive consultations with market participants. Euronext Nord Pool Power Futures will be designed to meet the market’s expressed need for a sustainable, long-term market infrastructure committed to the development of secure electricity futures trading in the Nordic and Baltic regions, with a strong Nordic base. Customer testing will open as early as March 2025.

Euronext Nord Pool Power Futures will offer trading of cash-settled futures contracts for all maturities on the system price and EPADs in the Nordic and Baltic countries. The underlying spot indices will be provided by Nord Pool.