Energy market
ECC to provide clearing services for Slovenian power spot markets
European Commodity Clearing (ECC) is to launch clearing services in the power intraday continuous and day ahead markets in Slovenia in April 2024. Subject to regulatory approval, the extension of clearing services will be implemented in co-operation with the local exchange, BSP Energy Exchange LLC (BSP).
With the additional new services, ECC will now offer power spot clearing services in 16 European countries.
CSEE power markets are an important region for the wider EEX Group both for long- and short-term power trading, having offered power derivatives and spot products, as well as related clearing services since 2017. To date, ECC overall connects 29 clearing members.
European Commodity Clearing (ECC) is a central clearing house which specialises in energy and commodity products. ECC assumes the counterparty risk and guarantees the physical and financial settlement of transactions, providing security and cross-margining benefits for its customers. As part of EEX Group, ECC provides clearing services for EEX, EEX Asia and EPEX SPOT and for the partner exchanges HUPX, HUDEX, NOREXECO, SEEPEX and SEMOpx. For more information, please visit www.ecc.de
Share this article:
EU Reporter publishes articles from a variety of outside sources which express a wide range of viewpoints. The positions taken in these articles are not necessarily those of EU Reporter. Please see EU Reporter’s full Terms and Conditions of publication for more information EU Reporter embraces artificial intelligence as a tool to enhance journalistic quality, efficiency, and accessibility, while maintaining strict human editorial oversight, ethical standards, and transparency in all AI-assisted content. Please see EU Reporter’s full A.I. Policy for more information.
-
Science4 days agoEuropean Inventor Award 2026 winners announced: Honouring the innovators shaping tomorrow
-
Schengen3 days agoOpen letter to president of the European Commission on the Schengen Entry/Exit System (EES)
-
Azerbaijan3 days agoEU policy toward Azerbaijan: Why Brussels must move beyond political dialogue
-
Iran3 days agoThe Iran war changed Pakistan's strategic value, not its political trajectory
