Looking to the east

Can power market operators in the new EU member states in eastern Europe gainthe liquidity they need to challenge either bilateral electricity contracts orthe established exchanges? Joe Marsh reports

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Electricity trading entities in the 10 new European Union countries (see map)are looking to boost potential power volumes both at home and in other, moreestablished markets. The Czech Republic, Slovenia and Poland all have eitherexchanges or market operators seeking to increase electricity trading volumes,while Romania, which hopes to join the EU in 2007, has also had a competitivewholesale market since September 2000.

As in any new energy markets, these organisations must compete with

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