Region, ADEX will be launched by the end of the year

, SEE Energy News

Local media reported earlier this week that the Alpine-Adriatic Danube Power Exchange (ADEX) will be launched by the end of the year, with the participation of Slovenian (BSP) and Serbian (SEEPEX) exchanges.

Within this regional electricity exchange, trading on the Serbian market and clearing on the
Montenegrin and Macedonian electricity markets will be enabled, while the Slovenian market will join in 2023.

In April, ELES, EMS, and EPEX SPOT announced their joint commitment to establish the first regional electricity exchange for Central and Southeastern Europe. The Alpine-Adriatic Danube Power Exchange (ADEX) will offer harmonized one -stop-shop spot power trading services in Slovenia and Serbia, with the ambition to also extend business and services to other countries in the Central and Southeastern European (CSEE) region. ADEX shares will be owned equally by ELES, EMS and EPEX SPOT.

The agreement between the companies foresees a merger between BSP Southpool and SEEPEX. EPEX SPOT, and the transmission system operators (TSOs) ELES and EMS will act as founding shareholders of the newly established power exchange ADEX, with the company’s headquarters in Ljubljana and main permanent offices in Ljubljana and Belgrade.

The short-term milestones of ADEX will also be to deliver a new harmonized intraday market in Serbia and to couple the key Serbian day-ahead market with the pan-European Single Day-Ahead Coupling (SDAC).