The EEX was founded in August 2000 and merged with its rival, the Leipzig Power Exchange, in early 2002. Today, with more than 200 trading participants from 19 countries, the energy exchange has become the most important energy exchange in continental Europe. EEX offers futures and spot markets in electricity and, in March 2005, began trading and settlement of CO2 emissions allowances. In 2008 the merger of EEX and Powernext created a common spot and futures market in power.
* see also Powernext
The Energy Risk Glossary, now in its eighth edition, provides an at-a-glance explanation of the myriad specialised terms and acronyms used in energy trading and risk management.
This year, the guide has been updated by Aviv Handler of ETR Advisory. Energy Risk would like to thank him for his input into this edition, which benefits greatly from his valuable experience and insight into energy markets.
The fast-changing nature of these markets means much has changed since our last edition – almost 200 new entries and revisions have been made this year. Reflecting the increasing importance of regulation, definitions of the Markets in Financial Instruments Directive (MiFid) and the Ljubljana-based Agency for the Cooperation of Energy Regulators (Acer) make it into the glossary for the first time. A focus on improving back-office infrastructure and mitigating counterparty risk is also apparent from the inclusion of terms such as ‘portfolio reconciliation’ and ‘portfolio compression’.
The glossary is extensively cross-referenced, making for easy and thorough searches. We hope you find it useful.
Sign up for Risk.net email alerts
UK, 18th - 19th Mar 2014
UK, 13th - 14th May 2014
UK, 29th - 30th May 2014
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.