“The creation of the Energy Union is partly achieved thanks to EPEX SPOT”
The French Secretary of State for European Affairs, Harlem Désir, visited the European Power Exchange EPEX SPOT. The visit took place on 30 March in Paris, the day before the Franco-German Ministerial Council treating among others the Franco-German energy cooperation. Jean-François Conil-Lacoste, Chairman of the Management Board of EPEX SPOT, explained the functioning of the Power Exchange and the relevance of price formation on Europe’s wholesale power markets. Furthermore, Désir discussed with the team of EPEX SPOT the lessons learned from this fruitful Franco-German cooperation in the energy sector.
“The Energy Union constitutes a new chapter in the European integration”, says Harlem Désir. “The creation of this Energy Union is partly achieved thanks to EPEX SPOT.”
Jean-François Conil-Lacoste adds: “The spirit of EPEX SPOT illustrates how European cooperation in the energy sector functions. The Energy Union will benefit from such best practice cases and we are more than happy to share some insights.”
The European Power Exchange EPEX SPOT SE operates the power spot markets for Germany, France, Austria and Switzerland (Day-Ahead and Intraday). Together these countries account for more than one third of the European power consumption. EPEX SPOT also acts as market operating service provider for the Hungarian Power Exchange HUPX and operates the coupling between the Czech, the Slovak, the Hungarian and the Romanian markets on behalf of the local Exchanges. It is a European company (Societas Europaea) based in Paris with branches in Leipzig, Bern and Vienna. Over 220 companies from Europe are active on EPEX SPOT. 382 TWh have been traded on EPEX SPOTs markets in 2014.
FTSE Mondo Visione Exchanges Index:
French Secretary Of State For European Affairs Harlem Désir Visits European Power Exchange
Date 31/03/2015