Content area
Full Text
The European Energy Exchange will next month introduce financially settled Austrian power futures in response to the planned split of the German-Austrian electricity price zone.
In a statement, Peter Reitz, chief executive officer at the EEX, said: "Our decision to launch Austrian power futures and to extend the Phelix DE-Futures follows the request from our market participants.
"These new products have been created as a direct result of the planned split of the current German-Austrian price zone,...