Currently, ECC provides clearing services for the Partner Exchanges European Energy Exchange (EEX), EPEX SPOT, EPEX SPOT Belgium, Hungarian Power Exchange (HUPX), Norexeco, POWER EXCHANGE CENTRAL EUROPE (PXE), Powernext and SEEPEX.
The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and commodity products. At EEX, contracts on Power, Coal and Emission
Allowances as well as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX, EPEX SPOT, Powernext, Cleartrade Exchange (CLTX) and Gaspoint Nordic are also part of EEX Group.
The European Power Exchange EPEX SPOT SE and its affiliates operate organised short-term electricity markets for Germany, France, United Kingdom, the Netherlands, Belgium, Austria, Switzerland and Luxembourg; markets representing 50% of European electricity consumption. Striving for the well-functioning European single market for electricity, EPEX SPOT shares its expertise with partners across the continent and beyond. EPEX SPOT is a European company (Societas Europaea) in corporate structure and staff, based in Paris with offices or affiliates in Amsterdam, Bern, Brussels, Leipzig, London and Vienna. More than 280 companies have traded over 500 TWh of electricity on EPEX SPOT and its affiliates in 2015. EPEX SPOT is held by EEX Group, part of Deutsche Börse, and HGRT, a holding of European electricity transmission system operators. For more information: www.epexspot.com.
EPEX SPOT Belgium, located in Brussels, Belgian, is the short term, physical power exchange for the delivery and off-take of electricity on the Belgian hub and a full subsidiary of EPEX SPOT. EPEX SPOT Belgium facilitates anonymous trading in two different market segments, namely the Day-Ahead market segment and the Continuous Intraday market segment.
HUPX Ltd., located in Budapest, Hungary, was established by the Hungarian TSO and holds the license to operate the organised electricity market in Hungary. The role of HUPX is to deliver a reliable price reference in Hungary and to facilitate the integration of power markets within the CEE region. HUPX offers anonymous day-ahead, intraday and physical futures trading on the Hungarian power market, thus providing high level standards both in terms of trading and clearing services for its members.
NOREXECO ASA, located in Oslo, Norway, will offer a fully regulated environment for trading derivatives in the wood, recycled fibre and pulp industries.
Powernext is a regulated market operating under AMF supervision. Powernext manages the natural gas activities of the EEX Group under the PEGAS brand throughout Europe, and operates the National Registry for electricity guarantees of origin in France. Powernext owns 40.3% in EPEX SPOT and 20% in EEX Power Derivatives.
The POWER EXCHANGE CENTRAL EUROPE, a.s. (PXE), located in Prague, Czech Republic, founded in July 2007 as a subsidiary of the Prague Stock Exchange is a commodity futures exchange operating a regulated market in the Czech Republic, which enables the anonymous trading of Czech, Polish, Romanian, Slovakian and Hungarian Power Futures as well as Czech Natural Gas Futures with financial settlement or physical delivery in the respective market area. The trading at PXE is based on standardized products.
SEEPEX (See Power Exchange) is a joint venture between Elektromreža Srbije (EMS), the Serbian transmission system operator, and EPEX SPOT. The Exchange is a major step in the creation of a regional power trading solution for South Eastern Europe (SEE) and fosters the development of a competitive, transparent and reliable electricity market for Serbia. It operates an organized electricity market, as the institutionally regulated relation between supply and demand of participants on the electricity market with predetermined standardized electricity products and delivery within a time frame day-ahead and intra-day with the aim to offer these electricity products for trading in Serbia and in the SEE region, where appropriate.