Launching Morning and Evening Peak Electricity Futures Contract
Wed 2 Jul 2025
On June 30, 2025 as per ASX Australian Morning and Evening Peak Electricity Futures Fact Sheet, ASX expanded its electricity derivatives offering with the launch of Morning and Evening Peak Load Electricity Quarterly Futures Contracts offering market participants more targeted hedging and trading opportunities.
The increase in renewable energy, particularly solar-led generation, has led to a significant shift in the energy generation mix and demand profile in the Australian National Electricity Market (NEM). The National Electricity Market (NEM) shows a significant increase in electricity demand during specific periods in the morning and evening across all regions on all days. The evolving energy profile of the NEM has created a demand for hedging tools that cover the morning and evening peak periods.
ASX is launching a Morning and an Evening Peak Futures contract across NSW, QLD, VIC and SA. The contracts are listed on a quarterly basis, extending up to four years.
- One Morning Peak contract represents 1 megawatt of electrical energy bought and sold in a region between 6:00am - 9:00am AEST (NEM time) Monday – Sunday over a calendar quarter.
- One Evening Peak contract represents 1 megawatt of electrical energy bought and sold in a region between 4:00pm – 9:00pm AEST (NEM time) Monday – Sunday over a calendar quarter.
Monday's launch saw the release of the NSW Peak Load Futures contracts which will be followed by QLD on July 7th, VIC on July 21st, and SA on July 28th.
Please contact commodities@asx.com.au if you need more information on the Morning and Evening Peak Futures.