European Energy Exchange

The Turkish energy exchange Enerji Piyasaları İşletme A.Ş. (EPİAŞ) and the European Energy Exchange (EEX) have signed a memorandum of understanding to underline their joint commitment to developing the Emissions Trading System (ETS) in Türkiye.

Turkey's Power Futures Market was launched on June 1 within the country's energy exchange, EXIST, to provide participants with the market stability and transparency.

Fatih Dönmez, Turkey's energy and natural resources minister, speaking at the opening ceremony said the market launch would contribute to the development of energy markets in the country.

The European Energy Exchange (EEX) expects to expand power trading in Serbia, Bulgaria and Slovenia this year, having raised power futures volumes in 2018 across Europe by 19 percent, Chief Executive Peter Reitz said, reports Reuters. 

German power exchange EEX and Bulgarian peer IBEX have signed a cooperation deal to introduce Bulgarian electricity futures in first half 2019 as the market-leading EEX bourse pushes further east, reports Reuters.