In addition to MGP, enmacc now offers Price Echo for gas in the Czech and Slovak markets with indexed pricing.
Pricing forward contracts has recently been difficult even on the more liquid hubs, not to mention the rather illiquid ones like CZ, MGP, and SK. Provide your predictions anonymously and get aggregated, direct market feedback from other participants with similar interests!
As a leading digital OTC energy trading platform, enmacc incorporated one of its most innovative tools, the enmacc Price Echo, into the Czech and Slovak market. The objective is to promote the development of long-term markets and generate advantages in terms of risk management for these more distant tenors in time.
With enmacc Price Echo, it is possible to effectively increase the confidence of traders and the market in general, on the possibilities of trading based on indexed prices.
As you know, the German Market Areas GASPOOL (GPL) and NetConnect Germany (NCG) are operated by the new Trading Hub Europe (THE) and will form a single nationwide German gas market area as of 1st October 2021. Here are the questions you might be interested in for the adoption on enmacc.
What will change for enmacc clients?
enmacc clients may have to perform some internal adjustments in order to be prepared to trade THE. This may include the adjustment of potential changes required by:
Framework contracts with their counterparties in case there is no “discontinue clause” for NCG and Gaspool
What do our clients have to do?
Our clients do not have to do anything in order to trade THE via enmacc and API. Our contracts do not specify specific market areas and are therefore still valid. In case we did specify a set of market areas in a contract, THE is considered the logical continuation of NCG and Gaspool and therefore the contract is still valid.
Providing liquidity, transparency, and efficiency to the THE market will remain our mission.
For any questions or further information, please get in contact with our customer success team (email@example.com).
Congrats to the EEX for extending the maturity for relevant power contracts (German, Italian, and Spanish Power Futures) from 6 to 10 years to provide further hedging options. Power purchase agreements (PPAs) have become an essential part of renewable energy markets.
The growth of PPA business has been highly dynamic, which drives the need for appropriate hedging strategies. Pricing these long-term agreements has been challenging, especially considering the recent volatility that the energy market has experienced.
What can enmacc do for you?
✅ Gain better pricing capabilities based on direct market feedback with enmacc price echo.
✅ Receive prices from market participants by initiating your RFQ and negotiate bilaterally.
✅ Ensure ECC clearing by registering your bilateral trade on EEX automatically.
💡 explore the role that your body plays in your trading performance and on your physical well-being. 💡 identify a number of practical strategies and tactics that enable you to optimise and train your physiology.
Therefore you will enhance decision-making, risk-taking, and achieve sustainable high-performance.
About Steve Ward: Steve has over 16 years of experience specializing in helping traders, investment and banking professionals to enhance their risk-taking, decision making, and ability to achieve and sustain high performance.
Details at a glance: Date: Thursday, 30th September 2021 Time: 2pm (CET)
enstats informs you monthly on enmacc’s trading activities in the German market. Our charts report on the distribution of commodities, of delivery types, market areas, balancing zones and delivery periods in the month of August 2021 on entender.
Here you will find the enmacc enstats for the German market.
Please send us your feedback, suggestions or questions. Send our Customer Success Team a short email to firstname.lastname@example.org, chat with us or call us at +49 (0) 89 215 415 00!