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The European Power Exchange EPEX SPOT, together with Swiss stakeholders, has held a press conference today in Bern. In the media briefing participated:
- Dr. Walter Steinmann, Managing Director of the Federal Office of Energy (Bundesamt für Energie – BFE),
- Carlo Schmid-Sutter, President of the national regulatory authority Federal Electricity Commission (Eidgenössische Elektrizitätskommission – ElCom),
- Pierre-Alain Graf, CEO of transmission system operator Swissgrid,
- and Jean-François Conil-Lacoste, Chairman of the Management Board of EPEX SPOT.
Topics discussed were the creation of the Swiss Power Exchange, a function which is vital for the implementation of Market Coupling on Swiss borders. Market Coupling is a tool for integrating physical power markets. It will allow Switzerland to better integrate into the EU Internal Energy Market which will lead to gains in social welfare in all coupled countries.
EPEX SPOT will establish a subsidiary in Switzerland located in Bern, to further facilitate the communication with Swiss members and stakeholders.
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The European Power Exchange EPEX SPOT SE operates the power spot markets for France, Germany, Austria and Switzerland (Day-Ahead and Intraday). Together these countries account for more than one third of the European power consumption. EPEX SPOT is a European company (Societas Europaea) based in Paris with a branch in Leipzig.
