Nord Pool’s back-up
Nord Pool Clearing is the first pure electricity clearing house to obtain capitalsupport through insurance to cover defaults by its trading counterparties. Areenergy companies set to follow suit? Joe Marsh reports
A potential solution is the credit risk guarantee – another well-establishedmethod of credit risk mitigation, at least among exchanges and clearing houses.Global risk and insurance services group Marsh hopes the deal it has just arrangedfor Nordic power
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