OMIP announces that, after completing all regulatory and operational conditions, it will launch a new spread contract between the PVB index and the TTF index on September 12, 2023.
OMIP and OMIClear will hold new Training Sessions in 2023 about the Iberian Energy Derivatives Market.
The Calendar 2023 for the Portuguese Auctions for Guarantees of Origin was published, where OMIP is the entity responsible for the management and operation of the auctions. So far, more than 40 TWh have been sold between July 2021 and December 2022. The next auction will take place on February 8th of 2023 with na offer of 4 TWh between solar, wind, hydro and thermal technologies.
On December 14th, 2022, will take place the auction of electricity acquired by the Supplier of Last Resort (SoLR).
OMIP and OMIClear will meet with market members on 30th November in Madrid within the framework of the “Trading and Product Committee” (TPC) and “Clearing and Settlement Committee” (CSC). Subsequently, an open session will be held on "Hedging Renewables and PPAs: perspectives on the risk of cannibalization".
We will be at the Iberian Energy Day 2022 in Madrid on November 24th to discuss the latest events in the Iberian energy market.
On November 23th, 2022, will take place the auction of electricity acquired by the Supplier of Last Resort (SoLR).
On the 14th of September took place the 12th Auction for Portuguese Guarantees of Origin (GO-PT). The volume sold was 3,3 TWh distributed among solar, wind, hydro and thermal technologies. 23 entities participated, with a maximum value of 3,85 €/MWh being reached in lot 4 – Wind of July 2022.
MIBEL Council of Regulators published a document that describes the main requirements of the financial regulations applicable to derivative contracts on electricity, in order to contribute (i) to a better understanding of the impact that has financial regulation in the trading of electricity derivatives and (ii) in the participation of agents in the MIBEL forward market.