ASX Environmental Futures
Manage the uncertainty and risk of the energy transition through liquid and transparent derivative markets
The temporary fee waiver announced in notice 0799.24.07 will end on 31 October 2024. ASX has recently undertaken a review of the fee schedule and will be reducing the trading fee to $15 per lot. The new fee schedule will take effect from 1 November 2024. Refer to the ASX Market Notice.
In support of Australia and New Zealand’s decarbonisation efforts and transition to clean energy, ASX has developed three Environmental Futures contracts covering:
Environmental Futures provide customers with the tools they need to price and manage the risk of the energy transition.
A liquid and transparent Environmental Futures market can help support investment in clean energy and decarbonisation by enabling capital to flow to projects with significant carbon abatement potential.
Transparent forward curve – Environmental Futures are listed on an annual basis out to 5 years, creating a liquid forward curve that is readily tradable
Deliverable – The contracts are deliverable meaning those with open positions at the time of contract expiry will be required to transfer or receive Units or Certificates via the relevant registry. Access the delivery guide for more information.
Standardised – Each contract is generic with one future equal to 1,000 tonnes of CO2 or 1,000-megawatt hours of renewable energy generation (for LGC’s).
Diverse customer base – Centrally cleared markets open up access to a broader range of market participants as the Clearing House assumes the credit risk of all centrally cleared trades.
As a member of the Carbon Market Institute, ASX supports the international carbon industry to decarbonise the global economy. We regularly speak at CMI’s events including being part of the recent Masterclass series to discuss "State of Australia’s Carbon Markets".
Receive insights and be invited to working groups and surveys
Each contract is listed on an annual basis out to five years. The delivery period commences on the Final Trading Day and is completed on the Final Trading Day + 3 business days. Below is a list of the key expiry and delivery dates for the next 5 years.
ACCU Futures | 2025 | 2026 | 2027 | 2028 | 2029 |
Final Trading Day | 4 March | 4 March | 4 March | 6 March | 5 March |
Final Trading Day + 2 | 6 March | 6 March | 8 March | 8 March | 7 March |
Final Trading Day + 3 | 7 March | 9 March | 9 March | 9 March | 8 March |
LGC Futures | 2025 | 2026 | 2027 | 2028 | 2029 |
Final Trading Day | 28 January | 27 January | 27 January | 27 January | 29 January |
Final Trading Day + 2 | 30 January | 29 January | 29 January | 31 January | 31 January |
Final Trading Day + 3 | 31 January | 30 January | 1 February | 1 February | 1 February |
NZU Futures | 2025 | 2026 | 2027 | 2028 | 2029 |
Final Trading Day | 5 May | 4 May | 4 May | 4 May | 4 May |
Final Trading Day + 2 | 7 May | 6 May | 6 May | 8 May | 8 May |
Final Trading Day + 3 | 8 May | 7 May | 7 May | 9 May | 9 May |
Access risk management tools across electricity, gas, environmental (carbon and renewables) and agricultural markets from a single trading platform.
CONTACT US
Email: Commodities@asx.com.au
