APX Welcomes New Members to its Power UK and Belpex Markets

AMSTERDAM/BRUSSELS/LONDON, 11 November 2014

Power spot and clearing exchange APX today welcomes ENEL Trade SpA and Neas Energy A/S as new members. ENEL, which is already a member of the APX Power NL and Belpex markets, joins the APX Power UK market while Neas Energy extends its existing Power NL and Power UK memberships to the Belpex market as well.

“At Neas Energy, we are pleased to join Belpex. It is our strategy to establish physical power trading in all major European power markets within 2015. The central location of the Belpex Hub with coupling to neighboring markets makes the membership to Belpex vital to optimise short term cross border flows in the region”, says Rasmus Buhl Møller, Head of Marketing at Neas Energy.

The APX has recently welcomed a number of new members to all of its markets and the number of memberships has reached its all-time high. APX markets now have a total of 173 memberships, of which 60 members trade on the Power NL market, 68 on the Power UK market and 45 on the Belpex market.

– ENDS

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