Cross-Regional Power Exchange in Central and Southeastern Europe
The MOU foresees a merger between the HUPX and SEEPEX spot power businesses, while maintaining a link to EPEX SPOT, in order to create a strong cross-regional exchange. The base of new exchange would be in Budapest and Belgrade and the operation of a day-ahead market would be serviced by EPEX SPOT.
SEEPEX is the first non-EU power exchange in Southeastern Europe, performing its activities in line with EU best practices and its merger with the Hungarian market operator HUPX represents a big step towards integration of the South Eastern European region with the Integral Electricity Market.
The project is open for new partners who are interested to join a merger of spot power markets in Central and Southeastern Europe and the timeline of the launch is to be announced.