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SEE region: Serbia, Hungary and Slovenia inked deal to merge their electricity exchanges

The officials from Hungary, Serbia and Slovenia attended the signing of a partnership agreement, within the BlueSky project, on the integration of three electricity exchanges under the Adex Group. It will be equally owned by their transmission system operators MAVIR, EMS and ELES, respectively, and EPEX Spot.

Slovenian Minister of the Environment, Climate and Energy Bojan Kumer, Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó and State Secretary in the Ministry of Mining and Energy of Serbia Veljko Kovačević attended the signing of an energy partnership agreement under the BlueSky project.

The ceremony was held in Budapest, where Adex Group, the operator of the newly established joint electricity exchange, will be based. The firm will be the sole shareholder of Slovenia’s exchange BSP SouthPool, Hungarian HUPX and Serbian SEEPEX.

Their respective owners are the three countries’ electricity transmission system operators ELES, MAVIR and Elektromreža Srbije (EMS). Exchange operator EPEX Spot is the fourth equal partner in Adex Group. The companies said they are open to accepting more shareholders.

BSP SouthPool, HUPX and SEEPEX remain the operators of their existing markets, Balkan Green energy News reports.

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