Seepex power exchange targets launch by end-year

Serbia’s day-ahead Southeast European Power Exchange (Seepex) is targeting a launch in November or December this year, the press office of European Power Exchange (Epex Spot), told SeeNews in an email. Epex Spot is developing the project in partnership with Serbian state-owned electricity grid operator EMS.

EMS director Nikola Petrović had earlier told SeeNews the power exchange was set to become operational by the end of the third quarter this year. In March 2014, Petrović said Paris-based Epex Spot, an exchange for power spot trading in Germany, France, Austria and Switzerland, will have a 25% share in Seepex with EMS holding the remainder.

Elsewhere in the region, day-ahead exchanges are set to launch this year also in Croatia and Bulgaria. Both projects involve Norwegian-based Nord Pool Spot, which has teamed up with Cropex in Croatia and IBEX in Bulgaria.