Nodal Exchange, a new US power exchange that hopes to launch
in the third quarter of 2008, has chosen LCH-Clearnet as its
Nodal will run an auction-based marketplace for distinct
price locations, or nodes, in the organized North American
wholesale electric markets. The agreement comes as LCH-Clearnet
prepares for the likely loss of US energy exchange,
Intercontinental Exchange, which intends to clear its own
trades from July 2008.
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