Euronext Nord Pool Power Futures

Euronext and Nord Pool are working together to develop a dedicated Nordic and Baltic power derivatives market.

About Euronext Nord Pool Power Futures

Euronext Nord Pool Power Futures is designed to meet the demand for a sustainable and enduring market infrastructure, committed to fostering secure power futures trading across the Nordic and Baltic regions. With a robust Nordic foundation, this market will deliver the trading opportunities that participants have expressed a need for.

Key Features

  • Liquidity and Commitment: Euronext and Nord Pool aim to revitalise liquidity in Nordic power derivatives, attracting over-the-counter (OTC) traded volumes and reducing uncertainty. The market will be operated by a business with a clear commitment and vision for the future.
  • Trading and Clearing: The market will offer trading of cash-settled futures for all maturities on System Price and Electricity Price Area Differentials (EPADs) across the Nordics and Baltics. The underlying spot indices will be provided by Nord Pool. Trading will occur on Euronext’s Optiq® trading platform and be cleared by Euronext Clearing.

Nordic Power Futures - Transfer of Open Interest from Nasdaq

Following the announcement on 28 January 2025, we can confirm transfer of open interest in Nordic Power Futures from Nasdaq is planned to take place over the weekend of Saturday 14 March 2026. This will be preceded by the technical launch of the market (date to be communicated). Detailed migration timeline can be found here.

To support their planning and for more detailed technical information, Trading and Clearing clients are invited to refer to the following onboarding documentation: 

For more information on Euronext Nord Pool’s Power Futures offering, visit Power Derivatives | Euronext.

Contract Specifications

For detailed information on Power Derivatives Contracts Specifications, please refer to the Euronext's Connect Portal.

More information

Additional information related to Euronext Nord Pool Power Futures is available on Euronext’s Connect Portal. To access contract specifications and other power derivatives-related content, you need to create an account. Visit 'Welcome to Connect' and click on the 'Create new account' button to get started. More information can be found here.

News

The test environment is now available. Please visit the Euronext's Connect Portal for more information.

Contact us

For any questions related to power futures, please contact us at [email protected].

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