Board

The Europex Board is composed of CEOs or equivalent senior executives. It oversees the Association’s short-term tasks and reports to the General Assembly.

Tom Darell

Chairman of the Board

Jonas Törnquist

Board Member

Lucas Schmeddes

Board Member

Stefano Alaimo

Board Member

Alexandros
Papageorgiou

Board Member

Michal Puchal

Board Member

Tom Darell

Chairman of the Board

Tom Darell is the Chief Executive Officer of the European Power Exchange Nord Pool.

Nord Pool was the world’s first power exchange when it was started in Norway in 1993. Since then, Nord Pool has continued to shape coupled power trading in Europe and successively grown into a pan-European power exchange, operating the physical power market for Day ahead and Intraday in 16 European countries. Since 2020 Nord Pool has been majority owned by Euronext.

Tom joined Nord Pool as Chief Executive Officer in April 2022 as a highly accomplished executive with a proven track record of leading organizations with diverse cultures. With his extensive experience in the energy and telecommunications industries, he has successfully navigated the complexities of international business and demonstrated trusted leadership skills.

Tom was previously Executive Vice President for Energy in Volue, with overall responsibility for the power trading business, market analysis and forecasting business and the power production optimization and trading software business.

Prior to this, he held the position of Executive Vice President for Energy in Powel. His experience extends beyond the energy industry. He served as the Managing Director of Avaya in Oslo and was a Partner at Bene Agere Nordic. He also held various positions at Ericsson, including Vice President and Head of Telecom Software for Southeast Asia & Pacific across Kuala Lumpur, Stockholm and Oslo.

Tom’s academic background includes an MBA from IESE Business School, where he graduated in the top 15% of his class. He also participated in an MBA exchange program at Kellogg School of Management, Northwestern University, further enhancing his global perspective. Additionally, he holds a Bachelor of Science in Business Administration from the University of Oregon.

Tom’s ability to understand and adapt to different cultures is further exemplified by his proficiency in multiple languages. He is a native Norwegian speaker, fluent in Swedish, Danish, and English. Additionally, he possesses a good understanding of Spanish.

Jonas Törnquist

Board Member

Jonas Törnquist is Chief Operating Officer of the European Power Exchange EPEX SPOT.

EPEX SPOT runs continuous 24/7 power markets and Day-Ahead power auctions throughout Europe. Appointed as COO in 2016, Jonas is responsible for leading the Exchange’s operations and for shaping the commercial services provided to its customers.

Jonas is an international leader of organisations with diverse cultures and varied locations in Europe and Australasia. His experience encompasses a unique combination of strategy design and operational implementation, within both financial and energy markets and their intersections. Jonas’ previous roles span from board mandates to operational and strategy positions along many parts of the energy value chain. This includes exchanges, industrial utilities, trading desks, technology and research companies and governmental institutions.

Jonas has completed a Corporate Finance Program at the London Business School, he furthermore holds an MBA in Finance and Economics from Victoria University in New Zealand and an MSc in Materials Physics from Uppsala University in Sweden.

Lucas Schmeddes

Board member

Lucas Schmeddes is President and COO of ICE Endex, the leading energy exchange in continental Europe. ICE Endex provides liquid European gas, emissions and power markets that enable energy firms, EU Emissions Trading System (EU ETS) compliance entities and financial participants to effectively manage price risk. It also offers gas balancing markets in the Netherlands and the U.K. (OCM) which help ensure the distribution of gas to homes and businesses.

From 2014 to 2022 Lucas was instrumental in launching ICE Futures Singapore and ICE Clear Singapore and consequently heading the exchange and clearinghouse as their President and COO. This involved building local market and clearing infrastructure to further grow and develop the derivatives industry in Asia Pacific and provide customers with execution and clearing services in their local regulatory jurisdictions.

From 2007 to 2013 Lucas held the roles of Chief Operating Officer and Chief Financial Officer of ICE Endex and its predecessors. He has also held senior finance positions in high growth business units of APX and TNT. Lucas graduated from Tilburg University in the Netherlands with an MA in econometrics and has an MBA from INSEAD.

Stefano Alaimo

Board member

Stefano is Head of Markets Department at Gestore Mercati Enegetici (GME). GME operates on power, gas, fuel and environmental markets in Italy. 

Stefano joined GME since the beginning (2001), covering the role of Responsible of Environmental Markets first and, in 2014, Responsible of the Markets.

He already served Europex as Head of the Environmental Markets for several years and the NEMOs community as NEMO Co-Chair in the Single Intraday Coupling Project (SIDC) from 2016 to 2022. In that function, he represented NEMOs in the negotiation with TSOs, European Commission and ACER to deliver the european market integration on the intraday timeframe.  Before joining GME, Stefano had an extensive experience in the financial sector, covering roles that span from mutual fund manager, market maker on government bonds, Interest Rates and Foreign Exchange trader in Rome, London and Milan.

Stefano holds a university degree in Economic and Statistical Sciences from Rome La Sapienza University.

Alexandros Papageorgiou

Board Member

Alexandros has a long and successful European experience in the Energy sector. He has worked as Head of Organization and Head of Logistics and Operations in Energy companies in Italy, while over the last six years he was a Key Account Manager of power and environmental markets as well as a Senior Sales Manager for Southern Europe at the European Energy Exchange, based in Milan.

Alexandros holds a Bachelor’s degree in Business Economics as well as a MSc in Economics, Environmental and Energy Management from the University of Bocconi, Italy. He was born and raised in Athens.

Michal Puchel

Board member

Michal Puchel is Chairman of the Board of Directors of OTE, the Czech electricity and gas market operator.

OTE has provided comprehensive services to individual electricity and gas market players since 2001. On top of market operation, the evaluation, billing and settlement of imbalances are other key services offered by OTE to market participants, as well as administration of the National Register of Greenhouse Gas Emissions. OTE also covers the administration of support payments to supported energy sources and the issuance of guarantees of origin.

Michal is a graduate of the University of Economics in Prague, E.ON Academy Energy Series and Prince Foundation 5th Edition. He has been working in the energy sector since 1999, i.e. his entire professional life. Among other things, he worked as an analyst at Accenture, as director of Euroenergy, as head of strategy and regulation at Západoslovenská energetika and as head of the department of transmission and system services at CEPS.

In his former position, as part of a management team of Czech transmission system operator, Michal has gained significant experience in forming and influencing EU legislation and operating secure and flawless solutions. Since April 2021 he has been a member of the Board of Directors of OTE and since June 2021 Chairman of the Board of Directors of OTE.

Current expertise covers electricity and gas power markets (including renewable gas and hydrogen), environmental markets and balancing markets.