EUROPE: Power Exchanges Agree on the European Cross-Border Intraday Solution

Monday February 10 2014

The Power Exchanges APX, Belpex, EPEX SPOT, Nord Pool Spot and OMIE are pleased to confirm the signing of a cooperation agreement for a common European cross border intraday solution. In addition, an early start agreement was signed with Deutsche Börse AG for the delivery of a technical system.

The agreements, which are open to other European Power Exchanges willing to join, were signed following an intensive selection and negotiation process. The parties will now continue the work of developing a common European-wide Intraday solution within a robust project framework. The work will be undertaken jointly by the participating Power Exchanges, Transmission System Operators and Deutsche Börse AG, with support from the relevant national regulatory authorities, the Agency for the Cooperation of Energy Regulators and the European Commission.

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