NODAL GROWS OPEN INTEREST IN POWER FUTURES
Nodal Exchange grew its power futures open interest 11% during 2020, despite industry open interest declining 1% during the pandemic year.
NODAL ACHIEVES NEW RECORDS IN ENVIRONMENTAL FUTURES
On December 30th, Nodal Exchange successfully completed the largest physical delivery of environmental contracts to date of 10,460 lots worth $129 million. These deliveries included:
- 5,645 Regional Greenhouse Gas Initiative Futures
- 4,775 California Carbon Allowance Futures
- 40 California Low Carbon Fuel Standard Futures
NODAL ACHIEVES RECORD OPEN INTEREST IN ENVIRONMENTAL
Texas CRS RECs hit an all-time high in open interest topping 10 million MWh (10,000 contracts) in the last week of December on Nodal Exchange. The total volume since the contracts launched in December 2019, is just under 20 million MWh (20,000 contracts).
HAPPY NEW YEAR
Thank you so much for supporting Nodal in 2020. We wish you and yours a happy, healthy, and prosperous 2021!