Wind Power Index Futures – Germany

Nasdaq Commodities wind power futures provides a way for producers and other stakeholders to hedge the production of German wind power. Nasdaq German Wind Index Futures use NAREX WIDE as the underlying index to settle on the relative German wind power utilization.

• Ideal for volume hedging by renewable and conventional power producers
• Standardized products and solid rulebook
• Competitive fees
• Built-in clearing for all exchange transactions
• Full trading information transparency

Conversion: 1% = 1€/wph (wind production hour)

Underlying Index: NAREX WIDE 

Trading hours: 8:00 – 18:00 CET 

Currency: EUR
 

About the underlying Nasdaq German Wind Index - NAREX WIDE

NAREX WIDE – Nasdaq Renewable Index Wind Germany (DE) is a specific synthetic index that accurately calculates the German wind power production.

Current index data: Nasdaq Renewable Index Wind Germany >

NAREX WIDE is a bottom-up index model calculated by StormGeo. The index is based on data from the established ECMWF weather forecasting model and is designed to offer the highest possible transparency to the market.

When calculating the wind power production, the index model uses the individual power curve for every grid point in Germany. The parameters of this power curve are available to every market participant, as well as 35 years of synthetic history with reanalyzed weather data.