History

Maria Luisa Huidobro elected as first Chairperson

Maria Luisa Huidobro, CEO of the Spanish power exchange, was the first Chairperson, appointed to organise the Association until the first elections in 2002.

Europex formally founded

Europex, the Association of European Power Exchanges, was formally founded by the following seven members: APX (Amsterdam Power Exchange, The Netherlands), Borzen (Slovenia), EEX (European Energy Exchange, Germany), GME (Gestore Mercato Elettrico, Italy), Nord Pool ASA (Norway), OMEL (Operador del Mercado Electrico, Spain) and Powernext (France).

They appointed Bert Den Oude as the first Chairman of the Association. 

OTE, a.s., the Czech electricity and gas market operator, becomes full member
Damjan Stank succeeds Bert Den Ouden as Europex Chairman

In December, Damjan Stanek, CEO of the Slovenian Power Exchange, Borzen, was elected Chairman. He held this position until the end of 2006.

Four new members join Europex

ENDEX (European Energy Derivatives, The Netherlands), EXAA (Austria), Polpx (Poland) and OPCOM (Romania) become full members.

Torger Lien takes over the Europex Chairmanship

In December, Torger Lien, CEO of Nord Pool ASA, was elected Chairman. He held this position until the end of 2008.

Europex admits two new members

OMIP (Portugal) and Belpex (Belgium) become full members.

Europex gains another member

Nord Pool Spot (Norway) becomes full member.

Salvatore Zecchini elected as Chairman and Europex appoints its first Secretary General

Salvatore Zecchini, president of GME, was elected Chairman. He held this position until July 2009.

Manuel Coxe was appointed as the first Secretary General of the Association. He began this position in February 2009. 

Four Working Groups are established

Europex formally established the Working Group (WG) on Power Markets, WG on Gas Markets, WG on Transparency and Integrity of Spot and Derivatives Markets, and WG on Environmental Markets to better respond to the energy exchanges’ challenges in different areas.

Europex Secretariat established and Jean-François Conil-Lacoste elected as new Chairman

The Europex Secretariat was established with a formal office in Brussels and permanent staff.

Jean-François Conil-Lacoste, CEO of Powernext, was elected Chairman. He held this position until the end of 2011.

Europex welcomes Hungarian member

HUPX, the Hungarian Power Exchange becomes a full member.

Europex gains three new members and elects José Carvalho Netto as chairman

CEGH A.G. (Austria), OKTE S.A. (Slovakia) and SEMO (Ireland) become full members.

José Carvalho Netto, Chairman and CEO of OMIE S.A. and OMIP S.G.M.R., S.A. is elected Chairman.

Europex officially becomes "Association of European Energy Exchanges"

Europex becomes “Association of European Energy Exchanges” and launches a redesigned website which offers a fresh look and provides online visitors with significant improvements in navigation and accessibility of information.

Europex extends into Southeastern Europe

HEMO – Hellenic Electricity Market Operator becomes a full member.

Europex adds two members

HROTE (Croatia) and ICE ENDEX (The Netherlands) become full members.

Europex adopts a new governance structure

The General Assembly endorsed a new Governance Structure to be in place from 2014 and elected the new Chairman, Massimo Ricci, CEO and Chairman of the Italian Power Exchanges.

The new governance structure added five Board members and four Heads of Working Groups.

Europex GA approves AoA and new member

The General Assembly approved the new Articles of Association and the full membership of PXE – Power Exchange Central Europe.

Christian Baer appointed as Secretary General and Europex welcomes new members

The General Assembly appointed Christian Baer as the new Secretary General and welcomed APCS (Austria), CROPEX (Croatia) and ELEXON (United Kingdom) as new full members and ESCO (Georgia) as a new associate member of the Association. Europex now represents 24 members in total.

New Board and WG Heads begin their mandate

With the start of 2016, the new Europex Board and the four Heads of the Working Groups officially take office following their election by the General Assembly in October 2015.

The Europex Chairman Massimo Ricci (Chairman & CEO of GME) is joined by five Board members: Egbert Laege (CEO of Powernext), Ireneusz Łazor (President of the Management Board of TGE), Mikael Lundin (CEO of Nord Pool Spot), Pedro J. Mejía Gómez (Chairman & CEO of OMIE & OMIP) and Pieter Schuurs (President & COO at ICE Endex).

The four Heads of the Working Groups are Frederick Bernthaler (Head of Legal at CEGH) for WG GM, Rickard Nilsson (Senior Adviser Innovation and Market Design at Nord Pool Spot) for WG PM, Borut Rajer (Director of Operations at Borzen) for WG EM and Daniel Wragge (Head of Political & Regulatory Affairs at EEX) for WG FIT.

Europex reaches 26 members

Europex starts 2016 with a new member: Enerji Piyasaları İşletme A.Ş. (EPİAŞ), a Turkish energy exchange based in Istanbul, and thus, admits the 25th member of the Association.

Following the recent integration of the businesses of EPEX SPOT SE and APX B.V., the General Assembly agreed on transferring the Europex membership of APX B.V. to EPEX SPOT SE.

On 29 January 2016, Europex admitted its 26th member: the Independent Bulgarian Power Exchange (IBEX). IBEX was established in 2014 and is based in the Bulgarian capital of Sofia. 

Pieter Schuurs elected as Chairman and Jean-François Conil-Lacoste joins Board.

At its annual meeting on 24 May in Leipzig, Germany, the General Assembly of Europex elected Pieter Schuurs, President & COO of ICE Endex, as the new Chairman of the Association.

In addition, Jean-François Conil-Lacoste, Chairman of the Management Board of EPEX SPOT, was elected to the Europex Board. The election followed the departure of Massimo Ricci who was no longer eligible for the position of Europex Chairman. 

Croatian Energy Market Operator HROTE rejoins Europex

The Croatian Energy Market Operator (Hrvatski operator tržišta energije – HROTE) joins Europex as its 27th member. HROTE is based in Zagreb, Croatia, and provides energy market services for gas and electricity trading as well as for the promotion of renewable energy sources. It was founded on 4 April 2005 and has already been a member of Europex from May 2013 to March 2015.

General Assembly elects Karol Peršolja as new Board member

The General Assembly of Europex elected Karol Peršolja, General Manager at Borzen, the Slovenian Power Market Operator, as the new member of the Europex Board. Mr Peršolja replaces Ireneusz Łazor who resigned from TGE, the Polish Power Exchange.

Europex moves to new headquarters

After being located on Rue Montoyer for 8 years, the move to Rue Archimède 44 represents another important milestone for the Association. The new location near the Berlaymont building, the heart of the European district, accommodates an expanding team, providing an even stronger presence in Brussels and a more accessible venue for meetings and other events.

Europex celebrates its 15th anniversary
New Board begins 2018-2019 mandate

Following elections at the General Assembly in Brussels in October 2017, the new leadership team for the period 2018-2019 was appointed. Pieter Schuurs (President & COO, ICE Endex) was re-elected as Chairman of the Board while Jean-François Conil-Lacoste (CEO, EPEX SPOT) and Egbert Läge (CEO, Powernext) continue in their roles as Board members. Borut Rajer (Director of Operations, Borzen), Erling Thiis (CFO & acting CEO, Nord Pool) and Artur Trindade (Vice Chairman of OMIE and Vice Chairman of OMIP) were newly elected to the Board.

The Power Markets Working Group continues to be headed by Rickard Nilsson (Nord Pool) and the Gas Markets Working Group by Frederick Bernthaler (CEGH). Derya Erbay (EPİAŞ) took responsibility for the Environmental Markets Working Group and Anje Stiers (EEX) will head the Working Group for Financial Regulation, Integrity and Transparency.

General Assembly elects Jonas Törnquist as new Board Member

Jonas Törnquist, COO and Member of the Management Board at EPEX SPOT, is elected to the Europex Board. He replaces Jean-François Conil-Lacoste who had announced the end of his mandate as Chairman and CEO of EPEX SPOT on 13 October 2018. Jean-François Conil-Lacoste will simultaneously resign from his current role as Europex Board member in which he has served since May 2016.

General Assembly elects new leadership team for 2020-2021

Pieter Schuurs, President and COO of ICE Endex, was re-elected as Europex Chairman and will serve his second full term. Borut Rajer (Director of Operations, Borzen), Erling Thiis (CFO, Nord Pool), Jonas Törnquist (COO and Member of the Management Board at EPEX SPOT) and Artur Trindade (President of OMIE and Chairman and CEO of OMIP) will also continue in their roles as Board members. Piotr Zawistowski (President of the Management Board, TGE) was newly elected to the Board.

Three Working Group Heads were elected to continue in their respective roles: Frederick Bernthaler (PCG) as Head of the Gas Markets Working Group, Rickard Nilsson (Nord Pool) as Head of the Power Markets Working Group and Anje Stiers (EEX) as Head of the Financial Markets Working Group. Michiel Mulder (ICE Endex) will lead the Environmental Markets Working Group for the first time.

Ukrainian Energy Exchange (UEEX) joins Europex as an Associate Member

Founded in 2010, UEEX operates markets in electricity, natural gas, oil and gas condensate, liquefied gas, coal products, raw materials and other products. It offers long- and short-term trading as well as clearing solutions.

UEEX is active in Ukraine, which is a Contracting Party to the Energy Community Treaty, and is committed to implementing all relevant EU energy legislation to develop an adequate regulatory framework and to liberalise their energy markets.

MEMO joins Europex as an Associate Member

MEMO Ltd, the National Electricity Market Operator of North Macedonia, was formally established on 31 July 2018 and started operations on 1 October 2019. 

MEMO has been tasked with establishing an electricity spot exchange (day-ahead and intraday) for North Macedonia and is in the process of becoming a Nominated Electricity Market Operator (NEMO) for future market coupling operations with neighbouring countries.

MIBGAS, the Iberian Gas Exchange, joins Europex

The activities of MIBGAS are designed to increase competition within the gas sector, increase security of supply for consumers and foster liquidity by ensuring non-discriminatory and equal access to the gas market in the Iberian Peninsula.

General Assembly elects Kari Ekelund Thørud as new Board Member

In a digital election, the Europex General Assembly elects Kari Ekelund Thørud, CEO at Nord Pool, as a new Europex Board Member. She succeeds Erling Thiis, formerly CFO at Nord Pool, who had resigned from his role as Europex Board member on 31 March 2020.