Envex

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Envex
FoundedFebruary 2008; 14 years ago (2008-02)
Key people
  • Brian Price (non executive director)
  • Dimitri Burshtein (non executive director)
  • David Peniket (non executive director)
Owners
  • Macquarie Group Limited
  • Financial and Energy Exchange
Websiteenvex.com.au

Envex is a company which develops financial instruments for electricity trading and emissions trading under the Clean Energy Bill 2011 and other environmental markets in Australia.

History[]

The company was founded in February 2008 as a joint venture between Macquarie Group Limited and the Financial and Energy Exchange. In July of the same year , owner of the European Climate Exchange and the Chicago Climate Exchange, acquired a stake in Envex.[1] Following the purchase of the European Climate Exchange by ICE,[2] ICE also became the holder of Envex.

The core focus of Envex's work is to develop tradable contracts for Over-the-Counter and exchange-based trading to "enable trading in a range of environmental products" in the Australian markets.[3] These include financial instruments related to the underlying units of the Mandatory Renewable Energy Target scheme, the ( also known as the Clean Energy Bill 2011), the Queensland Gas Scheme, Victorian Energy Efficiency Target and South Australian Energy Savings Scheme.

Current Board Members[]

  • Brian Price, Non Executive Director
  • Dimitri Burshtein, Non Executive Director
  • David Peniket, Non Executive Director

See also[]

External links[]

References[]

  1. ^ "Envex media centre". Archived from the original on 26 December 2008. Retrieved 8 December 2008.
  2. ^ "ICE buys Climate Exchange". Reuters. 30 April 2010. Retrieved 18 June 2020.
  3. ^ Carr signs up to Global Carbon Market, Sydney Morning Herald 19 Nov 2008
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