FIRST REGIONAL ELECTRICITY EXCHANGE ESTABLISHED
Operators of transmission systems from Slovenia and Serbia, together with the electricity exchange of European countries EPEX SPOT, set up the first regional electricity exchange for Central and South-Eastern Europe – ADEX, announced Electric grid of Serbia.
The Alpine-Adriatic Danube Electricity Exchange – ADEX, the first regional electricity exchange for Central and South-Eastern Europe, officially started operating in Ljubljana on December 23, with the formal signing by -founders – ELES, EMS and EPEX SPOT.
ADEX was created by the corporate merger of BSP Southpool and SEEPEX, with its headquarters in Ljubljana and main permanent offices in Ljubljana and Belgrade. The newly founded ADEX will offer harmonized and unique services (one-stop-shop) of electricity spot trading in Slovenia and Serbia, with the ambition to expand its operations to other countries in the regions of Central and South-Eastern Europe.
– With the establishment of the regional electricity exchange ADEX, the Slovenian electricity exchange BSP, which previously operated only in the Slovenian market, becomes a major player in the electricity market and in the wider European area. I am proud that ELES, as 100% owner of BSP, managed, together with its strategic partners with whom it shares a clear vision, to realize this exceptional goal, which also represents the first step towards the establishment of a regional exchange with ‘power of electricity. – said Aleksander Mervar, Chief Executive Officer of ELES, transmission system operator in Slovenia and President of the ELES Group.
The director general of EMS, Jelena Matejić, said that this “extraordinary achievement will further encourage the development of the regional electricity market and provide a strong and reliable market environment necessary for new investments in sources of renewable energy and a sustainable ecological transition”.
The most important short-term goals of ADEX are related to the establishment of an intraday market in Serbia, as well as the merger of the Serbian day-ahead market with a single pan-European day-ahead market. front (SDAC) as soon as possible. .
The CEO of SEEPEX, Miloš Mladenović, says that SEEPEX, which acts in recent years as the only electricity exchange operating in the WB6 region, has already become a reliable regional market that is trusted by all members .
– And this innovative ADEX context will provide significant additional value, not only to the Serbian and Slovenian electricity spot market, but also to the entire business and investment environment in this part of Europe – he stated.
BSP Southpool operates day-ahead and intraday physical markets, as well as market matching services in Slovenia. It also performs clearing and financial settlement services at local and cross-border level. During 2022, its 30 members traded a volume of 10.5 TWh, with an annual financial turnover of EUR 3.5 billion.
ELES is the transmission system operator in Slovenia and manages a network of 400 kV, 220 kV and 110 kV transmission lines with a total length of 2,955 km. Geographically, ELES is located at the crossroads between Western, Eastern and Southern Europe, managing transit flows and ensuring reliable transmission of electricity to several neighboring countries, reports the Telegraf website.
Joint Stock Company Elektromreža Srbije (EMS) is the operator of the transmission system in Serbia, whose duty is to ensure safe and reliable transmission of electricity, efficient management of the transmission system and ensure optimal development and sustainable. EMS manages a network of transmission lines of 400 kV, 220 kV and 110 kV, whose length is approximately 10,000 km, she added.
Portal E2 (Telegraph)
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