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Mixed signals from the east

Flaws in Poland’s electricity regime have crippled Warsaw’s two-year-old power exchange. But Slovenia’s power exchange is faring rather better. Peter Joy reports

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The Warsaw-based Polish Power Exchange (PPX) has a bad headache. Operated under a government tender by joint-venture company Gielda Energii, the exchange opened in June 2000 with a physical delivery and settlements market.

In 14 months, it built up monthly trading volumes of 100,000–200,000 megawatt hours (MWh), equating to between 0.4% and 2.0% of total electricity demand, with 43

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