enechain Brokered Inaugural Deal for Chubu Area Power Futures

TOKYO – enechain Corporation today announced that it has brokered a deal for the first-ever power futures transaction for the newly introduced Chubu area (10 MW Base FY) on the European Energy Exchange (EEX). This transaction is a significant landmark, representing the first successful deal for a Chubu area product within the broader Japanese power futures market.

"We are incredibly honored to have facilitated the inaugural transaction for the Chubu product," said the founder and CEO of enechain, Ryo Nozawa. "enechain has a strong track record of broking numerous physical trades in the Chubu area. The listing of this futures product is expected to substantially invigorate trading activity for the Chubu area across both the futures and physical markets. We are committed to contributing to the enhanced liquidity and development of this growing market."

On December 1, enechain launched the power forward curve for the Chubu area product. Beyond trade intermediation, enechain is dedicated to providing comprehensive support to power businesses by developing and offering data and related services that facilitate Chubu power trading.

Above image: The Chubu area product has been integrated into the eCompass forward curve table.

About enechain
enechain is a startup running the largest energy forward marketplace in Japan, with a cumulative GMV of almost 3 trillion JPY. From electricity and fuels to environmental values, our goal is to achieve “Social Good” by creating fair markets where anyone can trade any type of energy.

In addition to our marketplace business, enechain offers a range of integrated tools to support energy trading, including clearing facility, data platform, and risk management software tailored to market participants' needs, providing comprehensive support to energy companies.

Our investors include DCM Ventures, Soros Capital Management, JP Investment*, and nine major Japanese energy companies such as JERA, K4 Ventures (owned by Kansai Electric Power), Chubu Electric Power Miraiz, Tokyo Gas, and Osaka Gas, along with venture capital subsidiaries of all Japan's mega banks.

For more information, please visit enechain.co.jp/en.

*JPS Growth Investment Limited Partnership co-managed by a subsidiary of JP Investment Co., Ltd. and Sumitomo Mitsui Trust Investment Co.