EEX Registers First Belgian Power Deal

Yesterday, the first trade in Belgian Power Futures was registered for clearing at European Energy Exchange (EEX). The transaction in a quarterly contract for delivery in October-December 2014 was matched by the broker Tullett Prebon. The trade has been concluded between Enérgya VM Gestión de Energía SL (Villar Mir Group) and another participant. The deal comprised a volume of 11,045 MWh concluded at a price of 52.30 Euro/MWh. Clearing and settlement of the transaction is carried out by European Commodity Clearing (ECC). For the Belgian Power Market, EEX offers exchange trading as well as trade registration for clearing.