EEX exceeds 1 TWh milestone in Japanese power
Submitted
27/01/2021 - 9:26am
The European Energy Exchange (EEX) has set a new record in Japan Power Futures by registering a volume of over 1 TWh in a single month for the first time since entering the market in May 2020.
Since the beginning of the year, Japan has experienced strong movement in its power markets. Historic price fluctuations on the JEPX Day-Ahead Spot market has resulted in a major upswing in long term hedging with all periods (weekly, monthly, quarterly and seasons) being actively traded on EEX.
Steffen Koehler, EEX, Chief Operating Officer, says: “As Japan faces unprecedented volatility in its power markets, the need to understand this dynamic market has never been greater. EEX offers the right solutions to manage this volatility and provides certainty in uncertain times”.