The ALPEX electricity exchange is moving ahead with a major upgrade of its market infrastructure after selecting a Greek-led consortium to deliver a new digital trading and clearing system. ALPEX announced that the contract, valued at around €3 million, was awarded following a competitive tender process.
The winning consortium is led by ATHEX and includes the Hellenic Energy Exchange and clearing specialist Enex Clear. The group will design, deploy, and operate a modern electronic platform covering both day-ahead and intraday electricity trading. According to ALPEX, the new system will fully replace existing solutions and is expected to provide faster execution, low-latency performance, and secure, anonymous trading among market participants.
The platform will also link the Kosovo and Albanian electricity markets with Europe’s core trading frameworks, allowing participation in the Single Day-Ahead Coupling (SDAC) and Single Intraday Coupling (SIDC) mechanisms. This step is seen as important for deeper regional and European market integration.
Project implementation is planned to last up to 54 months, reflecting the technical scale and complexity of integrating national markets into broader European systems. ALPEX itself was established in October 2020 by the Albanian and Kosovo transmission system operators, OST and KOSTT, to support the development of a joint and more competitive power market.
