European Power Exchange

European Power Exchange SE
EPEX SPOT SE
TypePhysical commodity exchange (energy)
LocationParis, France
Founded2008
Key peopleRalph Danielski (CEO), Jonas Törnquist (COO), Thierry Carol (CFO)
CurrencyEUR
CommoditiesElectric power
Volume615 TWh (2020)
Websitewww.epexspot.com

European Power Exchange (EPEX SPOT) SE is a European electric power exchange operating in Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Luxembourg, the Netherlands, Norway, Poland, Sweden and Switzerland.

EPEX SPOT SE is a company under European law based in Paris (France) with offices in Amsterdam (the Netherlands), Berlin (Germany), Bern (Switzerland), Brussels (Belgium), London (United Kingdom), and Vienna (Austria).[1] It operates the power spot markets for short-term trading in Austria, Belgium, Denmark, Finland, France, Germany, Great Britain, Luxembourg, the Netherlands, Norway, Poland, Sweden and Switzerland. EPEX SPOT was founded in 2008 by the merger of the power spot markets of the energy exchanges Powernext and European Energy Exchange (EEX AG). Today, EPEX SPOT is held by EEX AG (51%) and Transmission System Operators. The transmission system operators are organized in the holding HGRT composed of Amprion, APG, RTE, Elia, Swissgrid and TenneT, which holds a share of 49% in EPEX SPOT.[2] In 2015, EPEX SPOT integrated its business with former APX Group,[3] which operated the power spot markets in Belgium (through Belpex), the Netherlands and the United Kingdom. In 2020, EPEX SPOT launched its Day-Ahead and Intraday markets in the Nordic region.[4][5]

EPEX SPOT Shareholder Structure

EPEX SPOT is one of the stakeholders in the European Single Day-Ahead Coupling which currently connects markets representing 95% of the European power consumption.[6] EPEX SPOT also provides services to Hungarian Power Exchange HUPX and to the Irish Power Exchange SEMOpx. Moreover, EPEX SPOT provides price coupling services for three of the four power exchanges of the 4M Market Coupling covering the Czech Republic, Hungary, Slovakia and Romania.[7][8] EPEX SPOT counts over 300 members[9] and about 200 employees.[10]

  1. ^ "About EPEX SPOT | EPEX SPOT". www.epexspot.com. Retrieved 30 November 2020.
  2. ^ About the shareholders EPEX SPOT
  3. ^ "APX Group and EPEX SPOT integrate their businesses". EPEX SPOT. Retrieved 30 November 2020.
  4. ^ "EPEX SPOT and ECC successfully launch Intraday markets in the Nordic region | EPEX SPOT". www.epexspot.com. Retrieved 30 November 2020.
  5. ^ "Nordic Day-Ahead markets successfully launched". EPEX SPOT. Retrieved 30 November 2020.
  6. ^ "SDAC". www.nemo-committee.eu (in Spanish). Retrieved 30 November 2020.
  7. ^ "Services to other Power Exchanges". EPEX SPOT. Retrieved 3 December 2020.
  8. ^ Market coupling Archived 17 June 2015 at the Wayback Machine, 4M Market Coupling Extended High Level Market Design
  9. ^ "Exchange Members | EPEX SPOT". www.epexspot.com. Retrieved 30 November 2020.
  10. ^ Opening new horizons