EEX

Trading Technologies extends energy trading capabilities with connectivity to the European intraday physical power markets on EPEX

Retrieved on: 
Wednesday, February 28, 2024

CHICAGO, Feb. 28, 2024 /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced connectivity to the European Power Exchange (EPEX SPOT), the largest power exchange in Europe.

Key Points: 
  • CHICAGO, Feb. 28, 2024 /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced connectivity to the European Power Exchange (EPEX SPOT), the largest power exchange in Europe.
  • The connection gives clients the ability to trade the European physical power markets for the first time on the TT platform.
  • In collaboration with a large European energy supplier, TT offers the new continuous intraday power trading capability to clients globally as a fully co-located service.
  • Clients trading EPEX SPOT intraday markets on TT can leverage the platform's sophisticated algorithmic and other automated trading tools, as well as its risk management capabilities across the trade life cycle.

Nine Mile Metals Mobilizes California Lake VMS Drill Program and Introduces New Targeting Technology, Bathurst Mining Camp, New Brunswick

Retrieved on: 
Thursday, November 16, 2023

ESSCO identified the sub surface 3D density targets consistent with existing Bathurst Mining Camp VMS deposits as baseline models for their technology processes.

Key Points: 
  • ESSCO identified the sub surface 3D density targets consistent with existing Bathurst Mining Camp VMS deposits as baseline models for their technology processes.
  • This technology was developed as a regional screening tool to facilitate targeting within large, known productive mineralized camps such as the Bathurst Mining Camp (“BMC”).
  • Our recent land acquisitions have made it possible to finalize our technology targeting process on our entire Nine Mile Metals portfolio.
  • Chapais also integrates Starlink Satellite Internet technology at their rig providing instant drill hole monitoring and metrics in real time.

ACX wins Environmental Finance's Best Carbon Exchange award for third consecutive year

Retrieved on: 
Friday, September 22, 2023

ABU DHABI, UAE, LONDON and SINGAPORE, Sept. 22, 2023 /PRNewswire/ -- ACX, the leading environmental markets exchange, is pleased to announce that it has won the Environmental Finance 2023 Best Voluntary Carbon Market Exchange award for the 3rd year running.

Key Points: 
  • ABU DHABI, UAE, LONDON and SINGAPORE, Sept. 22, 2023 /PRNewswire/ -- ACX, the leading environmental markets exchange, is pleased to announce that it has won the Environmental Finance 2023 Best Voluntary Carbon Market Exchange award for the 3rd year running.
  • I believe this is central to winning this award for the 3rd year running.
  • The award is the culmination of another busy year at ACX, with the exchange continuing to build new partnerships and expand its operations globally.
  • Learn more about this year's Voluntary Carbon Market Rankings and ACX's win in this article by Environmental Finance.

ACX wins Environmental Finance's Best Carbon Exchange award for third consecutive year

Retrieved on: 
Friday, September 22, 2023

ABU DHABI, UAE, LONDON and SINGAPORE, Sept. 22, 2023 /PRNewswire/ -- ACX, the leading environmental markets exchange, is pleased to announce that it has won the Environmental Finance 2023 Best Voluntary Carbon Market Exchange award for the 3rd year running.

Key Points: 
  • ABU DHABI, UAE, LONDON and SINGAPORE, Sept. 22, 2023 /PRNewswire/ -- ACX, the leading environmental markets exchange, is pleased to announce that it has won the Environmental Finance 2023 Best Voluntary Carbon Market Exchange award for the 3rd year running.
  • I believe this is central to winning this award for the 3rd year running.
  • The award is the culmination of another busy year at ACX, with the exchange continuing to build new partnerships and expand its operations globally.
  • Learn more about this year's Voluntary Carbon Market Rankings and ACX's win in this article by Environmental Finance.

EEX and Nasdaq Commodities Announce Intention to Transfer Nasdaq’s European Power Business to EEX

Retrieved on: 
Tuesday, June 20, 2023

NEW YORK and LEIPZIG, Germany, June 20, 2023 (GLOBE NEWSWIRE) -- The European Energy Exchange (EEX) and Nasdaq, Inc. (Nasdaq: NDAQ) today announced they have reached an agreement under which EEX will acquire Nasdaq’s European power trading and clearing business, subject to receipt of customary regulatory approvals.

Key Points: 
  • NEW YORK and LEIPZIG, Germany, June 20, 2023 (GLOBE NEWSWIRE) -- The European Energy Exchange (EEX) and Nasdaq, Inc. (Nasdaq: NDAQ) today announced they have reached an agreement under which EEX will acquire Nasdaq’s European power trading and clearing business, subject to receipt of customary regulatory approvals.
  • The transaction will involve the transfer of existing open positions in Nasdaq’s Nordic, French, and German power futures as well as European carbon emission allowance futures (EUAs) to EEX’s clearing house European Commodity Clearing (ECC).
  • Until the receipt of regulatory approvals, Nasdaq will continue to operate its European power trading and clearing business as usual.
  • On receipt of the required approvals, Nasdaq will inform the market about the timing for the transfer of existing open positions to EEX.

Trailstone Welcomes Energy Industry Veterans to Lead Japanese Operations

Retrieved on: 
Wednesday, May 24, 2023

Kamisago brings over 25 years of experience in international business development with Sumitomo and Itochu, two of the largest Japanese trading and investment firms.

Key Points: 
  • Kamisago brings over 25 years of experience in international business development with Sumitomo and Itochu, two of the largest Japanese trading and investment firms.
  • He is an expert in M&A, new investment, infrastructure project management and new business incubation in the global energy industry.
  • Most recently, Kamisago led Sumitomo’s energy, environment and green hydrogen businesses as a general manager, gaining experience in both domestic and international business settings.
  • “Japanese power markets and renewable energy generators can benefit greatly from Trailstone’s extensive experience in Europe and the United States,” said Kamisago.

Barchart Brings Cutting-Edge European Power Futures Data to Market

Retrieved on: 
Tuesday, February 7, 2023

CHICAGO, Feb. 7, 2023 /PRNewswire/ -- Barchart, a commodity data and technology leader, is proud to announce the integration of Power Futures Data , from the European Energy Exchange (EEX) into their global market data and commodity price inventory.

Key Points: 
  • CHICAGO, Feb. 7, 2023 /PRNewswire/ -- Barchart, a commodity data and technology leader, is proud to announce the integration of Power Futures Data , from the European Energy Exchange (EEX) into their global market data and commodity price inventory.
  • "We are excited to add EEX's power futures data into our platform, giving users access to in-depth pricing and analysis across European markets," says Barchart CEO Mark Haraburda.
  • "We're thrilled to see our European power futures data featured via Barchart's platform," said Dr. Tobias Paulun, Chief Strategy Officer at EEX.
  • EEX's German Power futures contract is the most liquid power product in European wholesale trading and the benchmark along the whole curve.

EQS-News: EVN AG: Business development in the 2021/22 financial year

Retrieved on: 
Sunday, December 18, 2022

Revenue recorded by the EVN Group rose by 69.6% year-on year to EUR 4,062.2m in 2021/22.

Key Points: 
  • Revenue recorded by the EVN Group rose by 69.6% year-on year to EUR 4,062.2m in 2021/22.
  • This sound development was supported by a number of individual effects: In South East Europe, the dramatic increase in electricity prices supported substantial growth in the energy distribution business.
  • Other operating income in the previous year was positively influenced by non-recurring effects related to the Walsum 10 power plant.
  • The cost of materials and services rose by 38.9% to EUR 707.1m in line with revenue growth in the international project business.

First Washington Carbon Allowance Futures Trades on Nodal Exchange

Retrieved on: 
Tuesday, December 6, 2022

Nodal Exchange and IncubEx announced today the successful launch of the Washington Carbon Allowance (WCA) futures contract, along with the first trade in the contract, on December 5th.

Key Points: 
  • Nodal Exchange and IncubEx announced today the successful launch of the Washington Carbon Allowance (WCA) futures contract, along with the first trade in the contract, on December 5th.
  • Nodal Exchange posted volume of 25 lots of Washington Carbon Allowance futures, equivalent to 25,000 WCAs at a price of $35.00/MT for December 2023 delivery.
  • The Nodal WCA futures contract is the first exchange-listed and cleared contract corresponding with the Washington carbon Cap-and-Invest program, the newest carbon market in North America.
  • The futures contracts call for delivery of Washington Carbon Allowances in the Washington Compliance Instrument Tracking System Services (CITSS) registry.

COP27: Sharm El-Sheikh Implementation Plan Re-Affirms Developing Country Action to Slow, Stop, and Reverse Deforestation through the REDD+ Mechanism

Retrieved on: 
Wednesday, November 30, 2022

SHARM EL SHIEKH, Egypt, Nov. 30, 2022 /PRNewswire/ -- One year after COP26 where the REDD+ Mechanism was controversially removed from the implementation article of the Paris Agreement (Article 6), rainforests nations successfully negotiated the mechanism back into the COP27 Sharm-El Sheikh Implementation Plan on Saturday night.

Key Points: 
  • The positive outcome of the final text on forests and finance is in line Papua New Guinea's Prime Minister Hon.
  • James Marape's call for climate action at UN General Assembly," said Simo Kilepa, Minister of Environment, Conservation and Climate Change, Papua New Guinea.
  • We thank the Egyptian Presidency for the transparency and inclusiveness with which they conducted the talks this year."
  • that allow private sector finance to developing countries in return for accomplished emissions reductions under the REDD+ mechanism.