Benchmarks
OMIP has reinforced its commitment to transparency and innovation by autonomizing the production of derivatives market indices, now included in the OMIP Benchmarks for Energy and Environment (“OBEE”).
These benchmarks provide the market with robust and independent references for energy and environmental sectors, aligned with best European practices. Fully compliant with the European Regulation (EU) 2016/1011, OBEE ensures reliability, rigor, and confidence for investors, companies, and all market participants.
OMIP offers tradable products with underlying electricity and natural gas for delivery in Portugal, Spain, France, and Germany (futures, forwards, swaps, options, FTR), traded on a daily basis.
These products are based on indices calculated from prices provided by electricity and natural gas market operators, in accordance with European legislation: Article 59(1)(o) of Directive (EU) 2019/944 and Article 41(1)(j) of Directive 2009/73/EC.
In this context, OMIP has autonomized the production of indices used in the Derivatives Market, integrating them into a set of energy and environmental reference indices – OBEE.
The data collected for the preparation of the reference indices, both for the electricity and natural gas markets, come entirely from market operators.
OBEE Reference Indices:
- Regulated Data Index
- Commodity Reference Index
- Non-Critical Reference Index
Access to the indices is available directly on our website and available via FTP service.
For any questions or complaints regarding OBEE indices, please contact us at: omip_obee@omip.pt
Emanuel Silva
Supervisory Officer