European Energy Exchange: Tender For Market Coupling System Is Starting

The European Energy Exchange AG (EEX) is participating in a project that aims at coupling the day-ahead markets of APX, Belpex, EEX and Powernext (the four power exchanges of the CWE region, which comprises Germany, France, the Netherlands, Belgium and Luxembourg), through an implicit capacity allocation mechanism.

An automated Market Coupling system will be built to this end. This system will receive transmission network information from a joint Transmission System Operator system and order information from the four Power Exchange Trading systems. It will calculate a market coupling result, which will be sent back to the joint Transmission System Operator system and the Power Exchange Trading systems. The system will be operated by a functional operator on a daily basis.

A software manufacturer will be selected to build this Market Coupling System, excluding the matching algorithm, which will be procured elsewhere. The Exchanges are starting a tender procedure to select an appropriate supplier.

Software manufacturers can indicate their interest in supplying the Market Coupling System to Mr. Peter van Dorp (cwe.project@apxgroup.com) before 11 August 2008, 8:00 hrs. They will be asked to sign an NDA. Upon receipt of the duly signed NDA, the secretariat will provide them with the Request For Tender, which comprises the system specifications and a description of the tendering procedure and its timing. These documents will be sent no earlier than 11 August 2008.