The European Energy Exchange (EEX) will launch a suite of new futures contracts on 21 September to reflect the evolving renewables and storage landscape and the growing need for more granular hedging, subject to regulatory approval.
The new instruments were developed to enable market participants to manage price risk more effectively and precisely across battery storage and renewable-driven load and generation profiles.
EEX will become the first European power exchange to launch exchange-traded Top-to-Bottom (TBx) Power Futures and standardised Block Futures targeting renewable-driven hourly shape risk, bringing products that have previously been traded primarily in bilateral markets onto a transparent, centrally cleared marketplace.
The EEX TBx Power Futures will provide a standardised tool for hedging intraday price spreads, a key source of value for Battery Energy Storage Systems (BESS). By reflecting the spread between periods of high an low power prices, the contracts provide market participants with a transparent and tradable reference for managing battery-related price risk. The underlying methodology supports standardisation, transparency and greater market accessibility, enabling a broad range of physical and financial participants to hedge, trade and manage exposure to the growing value of flexibility in power markets.
The contracts are based on the difference between the average of the highest- and lowest-priced Market Time Units (MTUs) in the Day-Ahead auction and will be available in two-hour (TB2) and four-hour (TB4) variants for selected European power markets.
Peter Reitz, CEO of EEX, comments: “We are proud to be offering these products for the first time on European power markets, which are undergoing profound change due to the rapid growth of renewable generation transforming price patterns. In addition, battery energy storage systems are becoming a critical source of flexibility. With the energy transition being at the forefront at EEX, we are thrilled to extend our product portfolio to enable more precise price hedging in this new market environment and enable more
targeted and enhanced risk management capabilities.”
In addition, EEX will introduce Block Futures that enable more precise hedging of renewable generation and consumption profiles. The contracts will cover key solar-hour, extended peak and weekend delivery profiles, enabling market participants to manage exposure to increasingly differentiated hourly power price patterns.
The share of renewables in the EU reached 47.3% in 2025, while the BESS market has been growing exponentially with 108 GW of new battery storage capacity deployed worldwide in 2025, according to the IEA.
EEX will also offer inter-product spreads between the new contracts, and the existing base and peak power futures, to provide further trading opportunities.
The launch further strengthens EEX Group's offering for renewable energy and battery storage markets and complements the recently introduced TBx Index suite by EPEX SPOT, an EEX Group company. This recently launched TBx Index suite is a dedicated benchmark designed to capture the maximum value achievable by battery and energy storage assets in the wholesale power market.
A German version of the press release can be found as download below.
More information: Renewable Energy Hedging
The European Energy Exchange (EEX) 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.
