Digital Assets Report


Like this article?

Sign up to our free newsletter

EEX Flagship Power Futures prices form basis of new S&P GSCI European Power Indices

Related Topics

The European Energy Exchange (EEX) has announced its role in the newly launched S&P GSCI European Power indices which utilise price data from EEX’ flagship European power futures contracts.

The new indices are a first of their kind for the power industry and will include German, French, Italian and Spanish power futures prices listed on EEX. As a result, potential investors now have a suite of credible and reliable performance benchmarks which track the price development of the power market, while reflecting the ongoing shift from fossil fuel reliance to a more sustainable energy mix.
ESG considerations have increasingly become an important factor in the power market. This is reflected in Europe’s ongoing commitments to increase the overall level of renewables in the energy mix to at least 40 per cent by 2030. Already today, more than 40 per cent of Germany’s annual electricity generation is coming from renewable sources with the target to increase that level to 80 per cent by the end of the decade. Added to this, power as a commodity is widely recognised as a product which is directly investable, allowing stakeholders around the world to participate on the market while tracking the ongoing energy transition.

Like this article? Sign up to our free newsletter

Most Popular

Further Reading