Milestones

With the full liberalization of the Austrian electricity market on 1 October 2001, and the introduction of the balance group model, the framework conditions for the establishment of an electricity exchange were completed.

Today, EXAA has become established as a European market for energy products. It was launched with 12 market participants, and at present, EXAA spot trading includes more than 77 electricity traders from 17 countries.

In addition to the classical tasks relating to exchange trading, EXAA is also responsible for the settlement of financial transactions (clearing) and assumes the counterparty risk for all trades executed.

Over years, trade areas and -agendas were continously extended:

March
2002
First trading day hor hourly contracts in APG grid
February
2003
First block products
October
2003
Introduction of post-trading
June
2004
EXAA adds TenneT grid as a tradeable market zone
May
2005
EXAA adds Amprion grid as the 3rd tradeable market zone
April
2008
Higher priority for market orders within the auction algorithm
January
2009
Start of the "training for energy and environmental markets" program "teem"
December
2009
EXAA adds TransnetBW and 50Hertz to cover the whole AT/DE market zone
March
2012
Monthly volume record: more than 1 million MWh traded
December
2012
Introduction of EXAA Green Power
October
2013
EXAA introduces negative prices with a min. price limit of -150 EUR/MWh
September
2014
Launch of quarter hourly products on day ahead markets

 

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