Nodal Exchange today announced it achieved a calendar month trading record for January 2022 with 221.9 million MWh of traded power futures volume in the month, up 58% from the prior year. Nodal continues to be the market leader in North American power futures having the majority of the open interest with a record 1.167 billion MWh at the end of January.

Nodal also grew its environmental market in January where open interest reached a month end record of 176,559 lots, up 76% from a year prior. Open interest in renewable energy certificates (RECs) on Nodal ended the month at a record 158,065 lots, up 67% from 94,288 a year earlier. That equates to 36.6 million MWh of electricity generated from renewable sources, most often from wind and solar power, which is sufficient electricity for over 3.4 million homes for a year.

Nodal Exchange offers access to electronic markets in natural gas, power, and environmental futures. Above is a snapshot of our live markets for the Henry Hub 10k monthly contract for outrights, spreads, and strips which can be accessed via our front-end screen. In addition, we also offer the Henry Hub 2.5k per day contract for outrights, spreads, and strips. If you would like more information or access to this screen, please contact Energy Markets or call (703) 962-9820.