When approved by the U.S. Commodity Futures and Trading Commission (CFTC), ElectronX will offer granular derivatives products, featuring fully collateralized and centrally cleared contracts, that allow electricity market participants of all sizes to hedge risk and monetize power assets on its platform. Rather than managing portfolio risk through over-hedged positions that limit upside potential and even create additional exposure, power market participants will be able to implement a fit-for-purpose risk management plan to capture additional value by using ElectronX’s platform.The product suite will bring more granular and sophisticated risk management products to market than existing solutions, opening power market participation to a broader group of players via a commercial, value creating mechanism.
Katherine Peachey, Head of Equinor Ventures notes, “Equinor Ventures is pleased to make a new investment in ElectronX. We look forward to supporting the team in commercializing critical trading infrastructure and delivering liquidity amid increasing volatility to strengthen growing renewables portfolios.”
