Serbia: Epex Spot expects SEEPEX exchange launch 4Q2015

, News Serbia Energy

Serbia’s day-ahead Southeast European Power Exchange SEEPEX, JV founded by TSO company EMS and Epex Spot, is targeting a launch in last quarter of 2014. Operaton roll out is expected November-december 2015.

Epex Spot which confirmed this announcement is developing the project in partnership with Serbian state-owned electricity grid operator EMS.

EMS director Nikola Petrovic stated earlier that the power exchange was set to become operational by the end of the third quarter this year.

In March 2014, Petrovic said Paris-based Epex Spot will have a 25% share in SEEPEX with EMS holding the remainder.

Elsewhere in the region, day-ahead exchanges are set to launch this year also in Croatia and Bulgaria. Both projects involve Norwegian-based Nord Pool Spot which has teamed up with CROPEX in Croatia and IBEX in Bulgaria. , transmits