Trading in Australia's electricity futures contracts surged
this year and represented a record 42% of electricity system
demand in the country's National Electricity Market. The
business rose 154% from the same seven month period last
The contracts, launched in 2002 under a co-sponsored
arrangement between Sydney Futures Exchange (SFE) and
D-CyphaTrade, also set a record of 11.8m megawatt hours (MWh)
in July, equivalent to A$432m ($330m) and up 35% from the
previous record set in May.
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