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HSE joins Intercontinental Exchange to trade power

Published

July 27, 2015

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Published:

July 27, 2015

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0

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The HSE Group (Holding Slovenske elektrarne d.o.o.), the largest Slovenian organization in the area of power generation and the largest producer and trader with electricity on the wholesale market in Slovenia, became a member of Intercontinental Exchange (ICE), a network of markets and clearing houses founded in Atlanta in 2000, which runs 23 platforms throughout the world.

The company became a trade participant with the mnemonic HSE, Dee Blake, head of regulation in ICE Futures Europe, said in a circular note. Intercontinental Exchange acquired the London-based International Petroleum Exchange in 2001. HSE Group is first in Southeastern Europe to start trading in that marketplace.

Full membership in one of the world’s biggest exchanges, like ICE, opens new business opportunities, primarily for trading in certificates for carbon dioxide, said Tomaž Štokelj, HSE’s executive manager of sales and trading. The holding has subsidiaries and offices in Slovenia, Croatia, Serbia, Macedonia, Italy, Hungary, Czech Republic, Romania and Slovakia, according to its website. HSE is a member of the European (German) Energy Exchange (EEX), Energy Exchange Austria (EXAA), French Powernext, Italian IPEX, Czech OTE and PXE, and the regional energy exchange Southpool.

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