Association
Who we are
Europex is the Association of European Energy Exchanges, representing energy exchanges, market operators and delegated operators across Europe. As key energy market infrastructure providers, Europex members are primarily responsible for operating wholesale electricity, gas and emissions markets across both long-term and short-term timeframes, among other activities.
In addition, our members act as Organised Market Places (OMPs), Registered Reporting Mechanisms (RRMs), Inside Information Platforms (IIPs), Persons Professionally Arranging Transactions (PPATs) and Persons Professionally Executing Transactions (PPETs) in the framework of the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT).
Several of our members also operate registries for Guarantees of Origin (GOs) for renewable energy, perform GO-auctions and offer trading in GO contracts.
Europex is a non-profit association established under Belgian law and listed in the EU Transparency Register.
Our mission
Europex represents the interests of exchange-based wholesale electricity, gas and environmental markets, focuses on developments of the European regulatory framework for wholesale energy trading and provides a discussion platform at European level.
Driven by a strong belief in the vital role that energy exchanges and delegated operators play within the energy system – and in the significant benefits that well-functioning energy markets deliver to consumers and the transition to a net-zero economy – Europex is committed to the following principles that define its fundamental mission:
- To act as a unified voice for its members, promote and jointly pursue their common interests and offer structured support on relevant EU policy matters.
- To positively shape the regulatory framework for exchange-based energy markets and trading through direct and proactive engagement with legislative and regulatory bodies, the wider energy industry, relevant associations and other stakeholders.
- To promote efficient, liquid, accessible, secure, resilient and transparent wholesale energy markets, support the continued integration, effective functioning and further extension of the Internal Energy Market and advocate for market-based approaches to decarbonisation.
The emergence of energy exchanges in Europe is rooted in the liberalisation of the electricity and natural gas markets, which began in the early 1990s. As competitive markets developed, newly established market infrastructure providers recognised the importance of cooperation to address common challenges.
In 2001, seven power exchanges decided to form a single EU-level advocacy body – Europex. Their goal was to address regulatory challenges associated with the Internal Energy Market, align positions on key issues and engage effectively with policymakers, regulators and other relevant stakeholders.
Since its formal establishment on 12 April 2002, Europex has evolved into a key voice for energy exchanges in Europe. Its members have been pivotal in shaping liberalised energy markets and ensuring their efficient and reliable functioning.
Governance
General Assembly
The Europex General Assembly consists of the CEOs, or the company’s equivalent senior representative, of all members.
Board
The six-person Board, elected every two years, steers the Association and reports to the General Assembly.
Secretariat
The Europex Secretariat, headed by the Secretary General, plays an organisational and coordinating role and is responsible for the day-to-day activities of the Association.
Working Groups
Europex structures its activities across five Working Groups, each focusing on a specific area: Power Markets, Gas Markets, Environmental Markets, Financial Markets and REMIT.
Task Forces
Additionally, more specific policy areas are addressed by Task Forces, which cover topics such as balancing, the Energy Community and third countries, digital issues and cybersecurity as well as forward capacity allocation, among others.