History
The General Assembly has approved changes to the Articles of Association, extending the mandate of the Chairperson, Board Members and Working Group Heads from two to three years. The Board’s composition has also been expanded by one, now allowing for up to seven members.
CEEGEX, the operator of the organised natural gas market in Hungary, has joined Europex as a full member.
TSOC, the transmission system and electricity exchange operator of Cyprus, has joined Europex as a full member.
An extraordinary mid-mandate election was held by the Europex General Assembly following the departure of Anje Stiers as Head of WG FM. Jethro van Hardeveld was elected as the new Head of the Financial Markets Working Group and stepped down from his previous role as Head of the Environmental Markets Working Group. Ellen De Vocht was subsequently elected as Head of WG EM.
Elma Power Exchange, Iceland’s spot electricity exchange, has joined Europex as a full member.
Caspy Commodity Exchange (CCX), a Kazakhstan-based energy commodity exchange, has joined Europex as an associate member.
ALPEX, the Albanian Power Exchange, has upgraded its Europex membership from associate to full.
The GA elected Tom Darell (CEO of Nord Pool) as Chairperson. Stefano Alaimo (Markets Director at GME), Alexandros Papageorgiou (CEO of HEnEx), Michal Puchel (CEO of OTE), Lucas Schmeddes (President & COO of ICE Endex) and Jonas Törnquist (COO of EPEX SPOT) were also elected to the Board.
The GA further approved the establishment of a new Working Group dedicated to the Regulation on Wholesale Energy Market Integrity and Transparency - WG REMIT.The following five Working Group Heads (WGs) were elected: Arnold Weiß (Head of EU Regulatory Affairs at EPEX SPOT) for WG Power Markets; Frederick Bernthaler (Head of Legal at CEGH) for WG Gas Markets; Jethro van Hardeveld (Director Regulatory Policy at ICE Endex) for WG Environmental Markets; Anje Stiers (Head of EU Representation Office at EEX) for WG Financial Markets; and Evangelia Papadionysiou (Director, Markets Monitoring & Analysis at HEnEx) for the newly created Working Group on REMIT (WG REMIT).
BSP Energy Exchange Ljubljana, the Slovenian power spot exchange, has joined Europex as a full member.
MEMO, the Electricity Market Operator of North Macedonia, has upgraded its membership from associate to full.
BGH, the Balkan Gas Hub EAD, has joined Europex as a full member.
BRM, the Romanian Commodities Exchange has joined Europex as a full member.
COTEE, the Electricity Market Operator of Montenegro, has joined Europex as a full member.
ALPEX, the Albanian Power Exchange, has joined Europex as an associate member.
Etpa, the Energy Trading Platform Amsterdam, has joined Europex as a full member.
Pieter Schuurs (President and COO of ICE Endex) was re-elected Chairperson of the Board for his third term, while Borut Rajer (Director of Operations, Borzen), Jonas Törnquist (COO, EPEX SPOT) and Piotr Zawistowski (President of the Management Board of TGE) continue in their roles as Board members. Andrea Péruzy (Chairman and CEO of GME) and Ahmet Türkoğlu (CEO of EPİAŞ) are 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). Likewise, Michiel Mulder (ICE Endex) and Anje Stiers (EEX) continue to head the Working Groups Environmental Markets and Financial Markets respectively.
In an online election, the Europex General Assembly elected 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.
MIBGAS, the Iberian Gas Exchange (Spain), has joined Europex as a full member.
MEMO Ltd, the National Electricity Market Operator of North Macedonia, has joined Europex as an associate member.
UEEX, the Ukrainian Energy Exchange, has joined Europex as an associate member.
Pieter Schuurs, President and COO of ICE Endex, was re-elected as Europex Chairperson and will serve his second full term. Borut Rajer (Director of Operations, Borzen), Erling Thiis (CFO, Nord Pool), Jonas Törnquist (COO, 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 are elected to continue in their respective roles: Frederick Bernthaler (CEGH) as Head of WG GM, Rickard Nilsson (Nord Pool) as Head of WG PM and Anje Stiers (EEX) as Head WG FM. Michiel Mulder (ICE Endex) will lead WG EM for the first time.
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. Jean-François Conil-Lacoste will simultaneously resign from his current position as Europex Board member which he has held since May 2016.
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.
After being located on Rue Montoyer 31 for eight years, the Europex Secretariat moved to Rue Archimède 44, representing an important milestone for the Association. The new location near the European Commission’s Berlaymont Building accommodates an expanding team, providing an even stronger presence in Brussels and a more accessible venue for meetings and other events.
The General Assembly of Europex elected Karol Peršolja, General Manager at Borzen, the Slovenian Power Market Operator, to the Europex Board. Mr Peršolja replaces Ireneusz Łazor who resigned from his role at TGE, the Polish Power Exchange.
At its annual meeting on 24 May 2016 in Leipzig, Germany, the General Assembly of Europex elects Pieter Schuurs, President & COO of ICE Endex, as the new Chairperson of the Association.
In addition, Jean-François Conil-Lacoste, Chairperson of the Management Board of EPEX SPOT, is elected to the Europex Board. The election follows the departure of Massimo Ricci who was no longer eligible for the position of Europex Chairperson.
Europex admitted its 26th member: IBEX, the Independent Bulgarian Power Exchange. IBEX was established in 2014 and is based in Bulgaria’s capital, Sofia.
Europex started 2016 with a new member: EPİAŞ, Enerji Piyasaları İşletme A.Ş., a Turkish energy exchange based in Istanbul.
Following the recent integration of the businesses of EPEX SPOT SE and APX B.V., the General Assembly further agreed to transfer the Europex membership of APX B.V. to EPEX SPOT SE.
Massimo Ricci (Chairman & CEO of GME) was re-elected as Europex Chairperson. The GA elected Egbert Läge (CEO of Powernext), Ireneusz Łazor (President of the Management Board of TGE), Mikael Lundin (CEO of Nord Pool Spot), Pedro J. Mejía Gómez (Chairperson & CEO of OMIE & OMIP) and Pieter Schuurs (President & COO at ICE Endex) to the Europex Board.
The four Heads of the Working Groups were also elected. 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.
The General Assembly elected Christian Baer as the new Secretary General. It further confirmed 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 counts 24 members in total.
The General Assembly approved the new Articles of Association (AoA), which set out the rules governing the functioning of the Association. It further confirmed the full membership of PXE, the Power Exchange Central Europe, based in Prague, Czech Republic.
The General Assembly endorsed a new governance structure to apply from 2014 and elected a new Chairperson, Massimo Ricci, CEO and Chairman of GME.
The new governance structure created the Europex Board and established the position of Head of Working Group. The Board comprises six members: the Chairperson of the Board and five additional Board members who are elected by the General Assembly for a two-year term.
HROTE, the Croatian Energy Market Operator, and ICE Endex (Netherlands), part of Intercontinental Exchange (ICE), have joined Europex as full members.
LAGIE, the Hellenic Electricity Market Operator, has joined Europex as a full member.
Europex became the “Association of European Energy Exchanges” and launched a redesigned website for the occasion.
CEGH AG (Austria), OKTE s.a. (Slovakia) and SEMO (Ireland) have joined Europex as full members.
José Carvalho Netto, Chairman and CEO of OMIE and OMIP has been elected Chairman.
HUPX, the Hungarian Power Exchange, has joined Europex as a full member.
The Europex Secretariat was established with an office in Brussels. Jean-François Conil-Lacoste, CEO of Powernext, was elected Chairman.
Europex has formally established four Working Groups on Power Markets (WG PM), Gas Markets (WG GM), Transparency and Integrity of Spot and Derivatives Markets (WG TI) and Environmental Markets (WG EM) to better respond to the energy exchanges’ challenges in different areas.
Salvatore Zecchini, President of GME, has been elected Chairman in November 2008.
Manuel Coxe has been appointed as the first Secretary General of the Association.
Nord Pool Spot has joined Europex as a full member.
OMIP, the Iberian energy exchange, and Belpex, the Belgian electricity spot exchange, have joined Europex as full members. Torger Lien, CEO of Nord Pool ASA, has been elected Chairperson in December 2006.
ENDEX, the European Energy Derivatives Exchange (Netherlands), EXAA, the Energy Exchange Austria, POLPX, the Polish Power Exchange and OPCOM, the Romanian Electricity and Natural Gas Market Operator have joined Europex as full members.
In December 2004, Damjan Stanek, CEO of Borzen, has been elected Chairman.
OTE a.s., the Czech electricity and gas market operator, joins Europex as a full member.
On 12 April 2002, Europex, the Association of European Power Exchanges was formally established by seven founding members: APX, the Amsterdam Power Exchange; Borzen, the Slovenian power exchange; EEX, the German-based European Energy Exchange; GME, the Italian electricity market operator; Nord Pool ASA, the Norwegian-based Nordic power market operator; OMEL, the Spanish electricity market operator and Powernext, the French power exchange.
The seven members elected Bert den Ouden, CEO of APX, as the association’s first Chairman.
María Luisa Huidobro, CEO of OMEL, the Spanish power exchange, was appointed as interim Chairperson to supervise the setup of the Association and organise the first elections in 2002.