News Features

Charting course for a global energy company is never easy, but today’s shifting landscape is challenging even the most seasoned of executives. The shale revolution continues to send shock waves through markets as the United States this year becomes a net exporter of oil for the first time since 1995.

Nodal Exchange is the first commodities exchange dedicated to offering locational (nodal) futures contracts and related services to participants in the organized North American electric power markets. Nodal Exchange builds on the success of the existing Regional Transmission Organization (RTO/ISO)

The Commodity Futures Trading Commission on Friday approved Nodal Exchange's application to be registered as a Designated Contract Market, commonly known as a futures market.

Finance Subcommittee earlier this year. On Wednesday, it came up for discussion for the first time at the NEPOOL Markets Committee meeting. The main benefits of moving to third-party clearing would be protecting market participants from having to cover another FTR holder’s losses in the event of a default,

Lately we’ve heard stories coming out of Exchange land that volumes are down just about everywhere. Well, not everywhere. We happened to call Nodal Exchange’s chief, Paul Cusenza, recently about some unrelated exchange tech matter.

The persistent underfunding of financial transmission rights in the PJM Interconnection is affecting market participant behavior, with decreasing monthly FTR clearing prices on several major paths, and some companies saying that they are altering their hedging strategies.

Portland, 27 June 2013 (Argus) — Dodd-Frank act reforms re boosting the Nodal Exchange’s prospects as implementation of the law sheds light on the volume of non-bilateral US power trading, chief executive Paul Cusenza said.

Data supplied to Platts by the three exchanges where all North American electric financial futures and options are either traded or cleared, show a total market in terms of megawatt hours of 7.430 billion MWh in 2012, which decreased in size by 11.9% compared to the prior year.

When it comes to commodity exchanges, Nodal Exchange is not a household name. But within US power markets, it has gained notable recognition in its brief history as a company.