Guarantees of Origin

GO Futures on EEX to be launched in September 2024.

IncubEx, in collaboration with EEX, offers exchange-traded Guarantees of Origin (GOs) futures in Europe, providing participants with an innovative product to hedge or directly engage with the attributes of European renewable power.

 

GO contracts provide EEX participants with standardisation, price transparency, capital efficiencies, and security through clearing on European Commodity Clearing (ECC).

 
 

GO Futures

The following futures will be available for trading on 2 September 2024:

  • EEX European Hydro GO
  • EEX European Wind GO
  • EEX European Solar GO
  • EEX European Renewable Power GO (any technology GOs: Hydro/ Wind/ Solar/ Biomass)

 

Contract Overview

One GO certifies 1 MWh production of electricity by means of a hydro, wind, solar or biomass technology installation

 

  • Delivery: Physically delivered 
  • Contract size: 1 Lot = 1,000 MWhs
  • Priced in Euros
  • Minimum price fluctuation: EUR 0.01 per GO
  • Production Period: March to December
  • Next four January maturities

Product Specifications

PRODUCTISIN CODEWKNEEX CONTRACT
CODE
SMSS PRODUCT GROUPCONTRACT
SIZE
PRODUCT
SPECS
EEX European Hydro Power GO FutureDE000A30BLA7A30BLAEGOHEEX_FT_GO_HYD_DMS1,000 MWhsFuture
EEX European Wind Power GO Future
DE000A30BLB5A30BLBEGOWEEX_FT_GO_WIN_DMS1,000 MWhsFuture
EEX European Solar Power GO FutureDE000A30BLC3A30BLCEGOSEEX_FT_GO_SOL_DMS1,000 MWhsFuture
EEX European Renewable Power GO (any technology GOs) FutureDE000A30BL99A30BL9EGOEEEX_FT_GO_POW_DMS1,000 MWhsFuture

Key Benefits of Trading on EEX

Platform

  • Leverages EEX platforms including GO spot auctions & registry services
  • Most liquid power market in Europe
  • Listed alongside European Carbon Allowance futures and options

Products

  • First mover in GO futures products
  • Standardised contract terms (anonymity on exchange)
  • Pooled liquidity with generic and specific technologies

Margining

  • Credit enhancement from OTC
  • Capital efficiencies including potential cross-margin benefits

Price Quality

  • Public price transparency vs OTC market

Market Access

  • Cleared OTC transactions via brokers
  • Electronic orderbook access by leading trading platforms

Participants

  • Large and diverse client base across power, gas, and carbon

ADDITIONAL RESOURCES

This page is for illustrative purposes only. For official contract and trading information, please visit EEX