EXAA is the first European Energy Exchange which launched trading power, exclusively from renewable water and wind energy resources, in an additional market in December 2012.
After a year of high-level consultations with different market participants, a concept has been developed that offers the opportunity for exchange trading of green power and which integrates well with the existing day-ahead spot market (this segment offers a trading platform which is independent of the feed-in tarifs defined by the German “EEG” or the Austrian “Ökostromgesetz”). The segment combines the best elements of bilateral trading based on guarantees of origin, and those of electricity trading coupled with physical delivery.
- First Energy Exchange for trading green power in Europe
- Daily spot auction
- Proof of simultaneous RES-E power generation
- Proof that EXAA’s GreenPower exclusively originates from renewable energy sources, thus verified by the well-established European Guarantee of Origin (GoO) Standard EECS
Pool of regularly published and updated supplier facilities
Generation EE+ and Product EE02
Using the most well-established standards on the market “Erzeugung EE+” and “Produkt EE02” developed by our partner TÜV SÜD guarantees the highest possible quality of the certification standard. A guarantee of green power production with a precision of up to 1 hour form an excellent basis for offering a transparent, comprehensible and credible product range to the end-consumers.
By creating the new market segment, EXAA is also closing the existing gap with pricing the green power premium. The proven and standardized European system of GoO registrars is completely integrated into the new business application and fully leveraged via the internationally connected database of the Energy-Control Austria. As an incentive to boost the available liquidity, Facilities which are already “TÜV Erzeugung EE+” certified, as well as facilities of the Verbund AG with a production capacity totaling 7000MW are a priori pre-qualified to sell their electricity on the GreenPower market.