- Trading Screen Product Name
- Any Renewable Non-Biomass GO Futures
- Trading Screen Hub Name
- AIB
- Contract Symbol
GOY
- Contract Series
Up to 3 January contracts or as otherwise determined and announced
by ICE Endex from time to time.
- Contract Size
One lot of 1,000 EECS Any Renewable Non-Biomass Guarantee of
Origin, where one Guarantee of Origin equals 1 MWh.
- Unit of Trading
An EECS Any Renewable Non-Biomass GO issued under the Principles
and Rules of Operation of the AIB for the EECS (EECS Rules) in the
country where the GO is issued, and which has the meaning given to
‘Guarantee of Origin’ under Article 2 and Article 19 of
the EU Directive 2018/2001 of the European Parliament and is issued
in response to a request from a producer of electricity from
renewable sources - with the exception of biomass, consistent with
Technology Code T01XXXX and Fuel Code F01040100, Technology Code
T02XXXX and Fuel Code F01050100 or Technology Code T03XXXX or
T04XXXX and Fuel Code F01050200 of the EECS Rules Fact Sheet 5 -
Types of Energy Inputs and Technologies (as amended from time to
time).
All deliverable EECS Any Renewable Non-Biomass GOs must be issued
by an Authorised Issuing Body (as defined in the EECS Rules) that
is connected to the AIB grid as announced by ICE Endex from time to
time.
All deliverable EECS Any Renewable Non-Biomass GOs must be valid in
accordance with C6 of the EECS Rules.
For a January contract only EECS Any Renewable Non-Biomass GOs
generated between February and December of the previous calendar
year are eligible for delivery, provided that these GOs are valid
at least on the last calendar day of February, the calendar month
following the month in which the contract ceases to trade
- Minimum Trading Size
Futures:1 lot = 1,000 Any Renewable Non-Biomass GOs
Exchange for Swap: 10 lots = 10,000 Any Renewable Non-Biomass GOs
Block Order: 10 lots = 10,000 Any Renewable Non-Biomass GOs
- Price Quotation
The contract price is in Euros and Euro Cents per MWh
- Minimum Price Fluctuation
1 Euro Cent per MWh (€0.01 per MWh)
- Tick Value
€10.00 per lot.
- Last Trading Day
Trading will cease at the close of business 3 business days prior
to the last business day of the contract month.
- Settlement Price
Each business day at approximately 16:15 hours LLT.
- Settlement Method
Physical Delivery
- Exchange Delivery Settlement Price
The EDSP shall be the Settlement Price established by ICE Endex at
the end of the closing period on the last day of trading for the
relevant delivery month.
- Delivery Terms
Each Clearing Member with a position open at cessation of trading
is obliged to make or take delivery of GOs to or from an account in
an AIB registry (as defined in the EECS Rules) in accordance with
the Rules.
The physical delivery of GOs is to be made by means of a transfer
of GOs from an AIB registry account of the Seller to the AIB
registry account of the Clearing House, and from the AIB registry
account of the Clearing House to an AIB registry account of the
Buyer, in accordance with any applicable delivery requirements
under the EECS Rules.
- MIC Code
- NDEX
- Clearing Venues
- ICEU