The decision has been made not to include Large Hydro credits in the ICE ECX CER Futures and Daily Futures Contracts.
In Circular 10/006 C01 dated 08 February 2010, the Exchange advised Members that it was considering the impact of revising the existing ICE ECX CER Futures and Daily Futures Contracts (ICE ECX CER Futures) contract specification to include Certified Emission Reduction Units (CERs) generated by Large Hydroelectric Projects (over 20 MW) in the basket of eligible CER Types. The Circular requested feedback by 24 February 2010.
Following feedback from a number of parties, CERs generated by Large Hydroelectric Projects will not be included in the basket of eligible CER Types.
The Exchange would like to thank all participants who contributed with valuable comments on this matter.