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Nodal Power Derivatives Premium data from the market leader in North American futures

About Nodal Exchange

  • Nodal Exchange is part of Deutsche Börse’s European Energy Exchange and was awarded Commodity Exchange of the Year 2023 by Energy Risk
  • The Exchange is market leader in North American power futures with majority share of open interest with record 1.3 billion MWh as of end of year 2023
  • It offers the major power hub contracts bundle which is geographically representative for the US power market at large
  • The set of available power futures account for currently over 60% of the traded volume across all ISOs in the United States
  • Nodal Exchange provides the world's largest set of environmental futures and options contracts with over 70 US environmental markets

Key Information Product characteristics

  • Monthly cash settled term futures contracts for on and off-peak power at commercially significant hubs
  • Set of available power futures account for currently over 60% of the traded volume across all ISOs in the United States
  • Data provides accurate pricing basis for various load types to support risk management and other areas
  • Covers the complete set of Regional Transmission Organizations (RTOs) and Independent System Operators (ISOs):
    • ISO-NE (New England)
    • NYISO (New York Independent System Operator)
    • PJM (Interconnection in the Mid-Atlantic region)
    • MISO (Midcontinent Independent System Operator)
    • ERCOT (Electric Reliability Council of Texas)
    • SPP (Southwest Power Pool)
    • CAISO (California Independent System Operator)
  • The data include the best bid and ask prices (up to order book depth 5) as well as the last traded price, together with the underlying order volumes

Related products and services

Nodal Environmental Derivatives