The European Energy Exchange AG (EEX) and European biomass exchange operator Baltpool have entered a strategic co-operation to support the development of an organised biomass market in Germany. Under the agreement, Baltpool will launch a weekly auction for waste wood. EEX will then use the auction data to publish a corresponding index, offering market information to enhance transparency in the German biomass market. The co-operation brings together EEX’s long-standing expertise in commodity and energy markets with Baltpool’s proven experience in biomass market organisation. The partners are targeting the launch of the first auctions before the end of 2026.
“For more than a decade, Baltpool has shaped and operated efficient and transparent biomass markets across the Baltic and Scandinavian markets. Partnering with EEX marks a new phase of our expansion. We will apply our experience and tools in a larger and more complex market, while leveraging EEX’s global expertise in market development and its implemented solutions,” says Andrius Smaliukas, CEO of Baltpool. “We expect this new cooperation not only to connect market participants but also to contribute to the export of Baltics expertise and strengthen its role in the European energy market,” he adds.
Peter Reitz, CEO of EEX, comments: “Supporting and enabling the energy transition is one of the key guiding principles for EEX and we believe that the biomass market will play a key role in this shift. However, the current fragmented, bilateral trading is less than ideal for the further development of this sector in Germany and we are confident that Baltpool’s trading infrastructure could ensure the best way forward. We look forward to joining forces with Baltpool to support the development of an organised and standardised trading framework as the next step in the expansion of this market.”
The introduction of an organised market model in Germany is expected to bring tangible benefits, such as greater transparency and improved liquidity in order to support a reference price formation and improved access to market information, particularly for waste-wood-fired power plants. In addition, standardised and digitised processes will simplify daily operations, reduce administrative burden and operational risk, while enabling efficient market scaling.
About the partners
Baltpool is an international biomass exchange and market operator, established in 2012 as Europe’s first organised biomass trading platform. The company develops digital, standardized market solutions that enable sustainable and efficient bioenergy trading while bringing transparency, reliability, and trust to fragmented biomass markets. Active across the Baltic Sea region, Baltpool supports energy security and the transition to bioenergy as part of an integrated energy system. Baltpool operates under Lithuanian national regulatory supervision and is part of Lithuania’s state‑owned EPSO‑G - new energy transmission and exchange group.
The European Energy Exchange is a leading energy exchange which builds secure, successful and sustainable commodity markets worldwide – together with its customers and partners. As part of EEX Group, it serves international power, natural gas, environmental, freight and agricultural markets, and provides data, reporting and registry services. EEX is an enabler of the energy transition and decarbonisation, advancing renewables integration through dedicated products and services, including those related to guarantees of origin.
