YES if the official EEX wholesale electricity price (Day-Ahead Base or Peak Load) in Germany exceeds 40 ct/kWh (equivalent to 40 EUR/MWh) at any trading interval during 2026. NO if all prices remain at or below 40 ct/kWh throughout the entire year. The market resolves on January 1, 2027, using the highest price recorded in 2026; if data publication is delayed, resolution occurs upon official release. In case of market cancellation, force majeure, or unavailability of EEX data, the market resolves NO.

This market predicts whether the price of energy in Germany will exceed 40 euro cents per kilowatt-hour (ct/kWh) at any point during the year 2026. 'Energy price' refers to the wholesale electricity price on the EEX market, specifically the Day-Ahead Base Load or Peak Load index. The question focuses on whether the highest recorded price in 2026 surpasses the 40 ct/kWh threshold amid ongoing energy market volatility.