Belgian power exchange to launch early 2006

The Belgian day-ahead electricity market is due to start in early 2006 on the Belgian power exchange (Belpex) in a link-up with Dutch power exchange APX and French energy exchange Powernext. This is the first time three power exchanges will be linked with such a mechanism, says Belpex.

Yesterday (July 7), Belgian grid operator Elia, Dutch grid operator TenneT, APX and Powernext incorporated Belpex with a share capital of €3 million ($3.6 million). French grid operator RTE is also participating in the project and considering acquiring 10% of Elia’s stake in Belpex. Elia holds 70% of the Belgian exchange, while APX, Powernext and TenneT each hold 10%.

The linking of the three power markets aims to maximise the total generation surplus of all participants: cheaper generation

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