Jean-Francois Conil-Lacoste, chairman of the management board of the European Power Exchange EPEX
SPOT - a Paris-based European day-ahead and intra-day power exchange network - was lauded for his career-long pursuit of developing a reliable and transparent pan-European power market.
EPEX SPOT operates the power spot markets for France, Germany, Austria and Switzerland (Day Ahead and Intraday), accounting for more than one third of the European electricity consumption.
EPEX SPOT is a Paris-based company under European law (Societas Europaea) with a branch in Leipzig and currently counts 201 exchange members.
HUPX launched its Hungarian day-ahead power market in partnership with EPEX
Spot in July 2010 with the first auction of day-ahead power contracts.
Tickers featured: APA, APC, BEXP, BR, COP, DVN, EOG, EPEX
, EQT, GM, HAWK, KMI, KWK, MMR, MUR, NFX, PXD, RDS, SGY, SM, SWN, THX, TOT, UPL, XOM.
The European Commission has imposed fines totalling 5 979 000 on the two leading European spot power exchanges, EPEX Spot ("EPEX") and Nord Pool Spot (NPS) for having agreed not to compete with one another for their spot electricity trading services in the European Economic Area (EEA).
In times when most European consumers are concerned by their rising electricity bills, I am particularly satisfied that we have brought to an end the market sharing agreement between EPEX and Nord Pool Spot.
The 17 partners of this project comprise APX, Belpex, EPEX
SPOT and Nord Pool Spot from the Power Exchanges side; 50Hertz, Amprion, Creos, Elia, Energinet.
has bounced off the rising 150-day moving average.