Тhe representatives of the Ukrainian Energy Exchange arrived for a two-day business visit to the European Energy Exchange EPEX Spot SE
On 7th-8th of March 2011 the representatives of the Ukrainian Energy Exchange arrived for a two-day business visit to the central office in Paris of European Energy Exchange EPEX Spot SE.
During the meeting the operating experience of leading European Energy Exchange EPEX Spot and European Energy Exchange AG, which provides market trading activity in financial instruments, has been presented.
The structure and operation principles, markets and services that energy exchange provides in the energy sector, the main points concerning the reliability and transparency based on market liberalization, as well as experience in implementation of clearing mechanisms that ensure a high degree of reliability of exchange trading has been studied in details.
The representatives of EPEX Spot SE presented trading system on which’s base markets are functioning such as Spot (a day ahead), Intraday (continuous trading) and the coupled energy markets of European countries.
During the meeting the prospects of the European mechanisms of the electricity market introduction in Ukraine was identified, which would provide a new level of functioning of the domestic energy market.
Information:
EPEX Spot SE - one of the leading European energy exchanges, which provides electricity trade a day ahead and continuing trading on the coupled European markets of Germany, France, Austria and Switzerland. EPEX Spot Market Area covers about 40% of electricity consumption of an integrated EU market. The number of participants at exchange for today – 191 members, while constant tendency of increasing liquidity and trading volumes is kept.
EPEX Spot (French-German exchange), 50% of shares belongs to the French energy exchange Powernext and 50% - to the German exchange EEX.
European Energy Exchange AG (EEX) – the leading German energy exchange in Europe, which operates the market of Spot, the financial markets of energy products. The number of exchange participants is more than 200 from 19 countries. EEX ranks first position on the trading volumes in Western Europe.