Region, Balkan energy exchange ADEX will start by the end of the year

, SEE Energy News

Before the new year 2023, the Alpine-Adriatic-Danube electricity exchange will come into existence, and the existing Slovenian and Serbian electricity exchanges will also enter it.

The two directors will manage the new exchange through ADEX Group, a daughter company of the Slovenian transmission system operator Eles, and the first mandate of the board president will go to the director of the Slovenian energy exchange BSP, Anžet Predovnik.

Next year, BSP, like SEEPEX, will become part of ADEX.

Within this regional stock exchange, it will be possible to trade on the Serbian market as well as clearing on the Montenegrin and Macedonian electricity markets.

As announced by the government in Ljubljana, which made the decision on behalf of the state as the sole shareholder of Eles, the founding stake of Eles will amount to five million euros, which represents the entire business share in BSP.

On April 26 of this year, Elektromreža Srbije and the organizer of the electricity market in 13 countries, Paris-based Epexspot, submitted an application for the establishment of a joint venture to the antimonopoly regulator.

At the beginning of April, the companies committed to establishing the Alpine-Adriatic-Danube Electricity Exchange (ADEX). The exchange will enable organized electricity trade in Slovenia and Serbia, and will also connect with markets in other countries of Central and Southeastern Europe.