More liquidity through one integrated intraday market area for the entire region
Amsterdam / Brussels / Paris, 03 June 2016.
The systems used by EPEX SPOT for power spot trading will replace the APX trading system in the Netherlands and Belgium by the end of 2016. The current solution used by APX, EuroLight®, will be succeeded by ETS for the Day-Ahead, and to M7 for continuous Intraday trading. Thus all EPEX SPOT power spot markets in Central Western Europe (CWE) – Germany/Austria, France, the Netherlands, Belgium and Switzerland – will run on unified power trading systems. Trading participants will benefit from a simplified infrastructure and the possibility to trade power across the CWE region on one single screen per market segment.
The migration to M7 will also enable implicit cross-border trading on the French-Belgian border in addition to the current Dutch-Belgian cross-border trading solution. The Netherlands and Belgium will join the already interconnected M7 markets of Germany, France, Austria and Switzerland. Trading participants in any of the Intraday markets in Central Western Europe will benefit from more liquidity, as the region will form an integrated Intraday market area.
The Day-Ahead and Intraday markets are migrated separately with an interval of several weeks. Both migration steps will happen after summer. Exact timings will be announced in the coming months.
- ENDS
The European Power Exchange EPEX SPOT SE and its affiliates operate physical short-term electricity markets in Central Western Europe and the United Kingdom. The creation of a pan-European power market is what defines EPEX SPOT’s mission. In 2015, its 280 members traded 566 TWh – a third of the domestic consumption in these eight countries. 49% of its equity is held by HGRT, a holding of transmission system operators. EPEX SPOT is part of EEX Group. For more information, please visit www.epexspot.com.