The European Power Exchange EPEX SPOT operates physical electricity markets for the largest trading community in Europe, with over 400 companies connected to our platforms. Committed to innovation, we deliver a full range of services across the value chain of electricity trading, with the highest standards of performance. Our gateway of market solutions include Day-Ahead, Intraday and After-market power trading, Capacity and Guarantees of Origin auctions, Local Flexibility and Data services. As part of EEX Group, a group of companies serving international commodity markets, EPEX SPOT enables a price-responsive power system for consumers and producers alike, to achieve a competitive and climate neutral Europe.
Since September 2022, EPEX SPOT operates the first pan-European secondary auction for GOs with physical delivery of the traded certificates. After years in the making, getting constant feedback from market participants, the auction’s unique market design provides trading standards to this market, improves transparency, and produces robust price signals. This plays a key role in the acceleration of the energy transition, as GOs are the only way to sustainably prove the origin of electricity. The monthly pay-as-clear auctions maximize market liquidity via different levels of specificities tradable across three dimensions: power production technology, issuing country within the Association of Issuing Bodies (AIB) framework, and subsidy regime – meeting the increasing demand for specific GOs from market players. As the first exchange member of RECS, we are thrilled to bring to this community our expertise as an exchange.