The Exchange members of the European Power Exchange EPEX SPOT have duly elected a new Exchange Council on 19 May 2015.
With the 2015 election, the number of seats was extended from 16 to 23, 22 of which are directly elected by the Exchange members. They now cover five categories. The number of seats per category is determined by the number of members per category and by their traded volume. However, no category is allowed to hold more than half of the elected seats. The representative of TSOs selling Market Coupling Contracts (MCC) is nominated by the relevant TSOs. This representative has a right to vote on topics related to market coupling contracts only.
The vote was held electronically. The results within the categories are as follows:
The group of Banks, Financial Service Providers and Clearing Banks will be represented by:
• Deutsche Bank AG: Mr. Vincent van Lith, Director - Head of EU Power & Gas Intraday and Scheduling Utilities and Aggregators
The group of Utilities and Aggregators will be represented by:
• Alpiq AG: Mr. Pierre Guesry, Head of Power West
• Compagnie Nationale du Rhône: Mr. Rémi Perrin, Head of Trading
• EDFT Paris: Mr. Julien Haure, Trading Manager Short Term
• Edison Trading S.p.A.: Mr. Andrea Siri, Head of Power Trading SEE,Branch Manager Bulgaria Branch
• EnBW Trading GmbH: Dr. Bernhard Walter, Senior Manager Market Design & Regulatory Affairs
• Enel Trade S.p.A.: Dr. Nigel Hawkins, Head of Power and Fuel Portfolio Management
• E.ON Energy Trading SE: Mr. Michael Bonde, Lead Trader
• GDF Suez: Mr. Vincent Verbeke, Head of Prompt Optimization & Trading
• RWE Supply & Trading GmbH: Mr. Paul Dawson, Head of Regulatory Affairs
• Verbund Trading GmbH: Mr. Werner Fleischer, Managing Director and CFO Local Suppliers and Consumers
The group of Local Suppliers and Consumers will be represented by:
• MVV Trading GmbH: Dr. Michael Redanz, Managing Director
• Stadtwerke Hannover AG: Mr. Ralf Henze, Head of Trading TSO
The group of Trading Companies will be represented by:
• Danske Commodities A/S: Mr. Jesper Tronborg, VP, Head of Trading
• Mercuria Energy Trading SA: Mr. Stewart Davis, European Gas and Power Operations Manager
• NEAS ENERGY A/S: Mr. Jesper Severin Johanson, Head of Short Term Power Trading
• Vitol SA: Mr. Peter Heydecker, Head of European Power
The group of TSOs will be represented by:
• 50Hertz Transmission GmbH: Mr. Dirk Biermann, Managing Director, Chief Markets and System Operations Officer
• Amprion GmbH: Mr. Joachim Vanzetta, Director System Control
• RTE: Mr. Emanuele Colombo, Director European Market Integration
• Swissgrid: Dr. Arthur Janssen, Head of Market Development and Design
• TransnetBW GmbH: Mr. Andreas Semmig, Head of Trading
The TSOs selling Market Coupling Contracts nominated Mr. Andreas Semmig from Transnet BW GmbH as their representative.
Jean-François Conil-Lacoste, Chairman of the Management Board of EPEX SPOT, expressed his thanks to all members of the previous Exchange Council for the constructive and trustful cooperation during the last three years.
“These were eventful years for the power market and EPEX SPOT, and we are happy for having accompanied essential developments such as Price Coupling of North Western Europe and the 15-minute call auction on the German Intraday market”, adds Peter Heydecker, chairman of the Exchange Council for the past three years.
At the constitutive meeting on 10 June 2015 in Leipzig the new Exchange Council will elect the chairman and the vice-chairmen. It will also decide on the appointment of several permanent guests.
The Exchange Council of EPEX SPOT is an official body of the Exchange. It represents adequately the diversity of economic and corporate profiles that exist among the Exchange members from various sectors: producers, power trading companies, transmission system operators (TSOs), regional suppliers and financial service providers, as well as commercial consumers and academics. Its missions include in particular the adoption of the Exchange Rules and the Code of Conduct of EPEX SPOT and their amendments. The Exchange Council approves new trading systems as well as new contracts or market areas and approves the appointment of the Head of the Market Surveillance Office. It meets up quarterly.
The Exchange Council can also take a public position whenever a change in the design of the European power market could have an impact on the Exchange or on its capacity to choose, develop, maintain and constantly enhance its trading platforms. In this respect, the Exchange Council defends the necessary elements of competition in a non-discriminative manner which will guarantee innovation and efficiency among the trading platforms to the benefit of all EPEX SPOT Exchange members.
The European Power Exchange EPEX SPOT SE operates the power spot markets for Germany, France, Austria and Switzerland. EPEX SPOT also provides market operation services for the Hungarian Power Exchange HUPX and coupling services between the Czech, the Slovak, the Hungarian and the Romanian markets on behalf of three of the four local Exchanges. Since May 4th 2015, EPEX SPOT has become 100% owner of APX Group including Belpex. APX operates the power spot markets for the Netherlands, the United Kingdom and Belgium. EPEX SPOT is a European company (Societas Europaea) based in Paris with branches in Leipzig, Vienna and Bern, as well as offices in Amsterdam, London and Brussels. 275 companies are active on EPEX SPOT and APX. 382 TWh were traded on EPEX SPOTs markets in 2014, and 92 TWh on APX.
