EXAA (Abwicklungsstelle für Energieprodukte AG) is Austria’s dedicated power exchange, operating within the Austrian APG control area, all four German control areas (Amprion, TenneT, TransnetBW, and 50Hertz), as well as the Dutch energy market. Founded on June 8, 2001, EXAA launched spot market trading on March 21, 2002, and has since played a vital role in fostering efficient and transparent trading in the liberalized energy markets of Central Europe. In 2012, EXAA became the first European exchange to introduce green electricity trading under the label “EXAA Green Power.” With the implementation of the Multi-NEMO Arrangement (MNA) in Central Western Europe, EXAA now offers access to the 12:00 Market Coupling Auction, complementing its well-established auction at 10:15 am.

Since 2021, EXAA has been in close cooperation with CCPA (Central Counterparty Austria), which has since taken over the clearing of financial transactions as well as EXAA’s collateral and risk management.

EXAA in a nutshell:

– First energy exchange in Europe to launch green power trading

– Daily spot auctions

– Unique Spread Products

teem (training for energy and environmental markets)

EXAA offers teem as a compact training course for electricity and gas markets. Experienced energy experts cover main energy topics ranging from energy markets, energy law and energy technology. The courses are aimed at energy newcomers as well as experienced employees who seek to broaden and update their knowledge. Teem is a market leader in energy market training, provides up-to-date and concise content and offers excellent value for money. Delegates especially appreciate the modular design, allowing all modules to be booked individually.

Shareholders of EXAA

The Management Board of the company acts independently and is not subject to instructions.

Governance

The Austrian Ministry of Finance, in agreement with the Austrian Ministry for Economic Affairs, has granted Wiener Börse AG, by notification of 3 April 1998, the license to operate and manage the Vienna Stock Exchange as a securities and general commodity exchange in accordance with §§ 2 et seq of the Austrian Stock Exchange Act, FLG. No. 555, as amended. This empowers Wiener Börse AG as an exchange operating company in the meaning of the Stock Exchange Act to operate and manage the Vienna Stock Exchange as a securities exchange and general commodity exchange. Trading in electric power products takes place on the Vienna Stock Exchange in its function as a general commodity exchange. The exchange operating company has commissioned EXAA Abwicklungsstelle für Energieprodukte AG with the task of operating and making available the automated trading system for trading in electric power products and the resultant exchange transactions, and has also been granted a license to act as the nominated electricity market operator (NEMO) for the purpose of single day-ahead market coupling by Energie-Control Austria für die Regulierung in der Elektrizitäts- und Erdgaswirtschaft (E-Control).