1 / 13

LPX Leipzig Power Exchange The first German Power Exchange

LPX Leipzig Power Exchange The first German Power Exchange. Stabilisation. LPX has a clear strategy. Role and intention Role: Trading place in the liberalised energy market Intention: constituent component of a European net of energy exchanges

marcellus-alston
Download Presentation

LPX Leipzig Power Exchange The first German Power Exchange

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. LPX Leipzig Power ExchangeThe first German Power Exchange

  2. Stabilisation LPX has a clear strategy • Role and intention • Role: Trading place in the liberalised energy market • Intention: constituent component of a European net of energy exchanges • Goal: To be your professional partner in the energy business Spot Spot & Futures

  3. „Auction Bidding“ as the best solution • „Auction Bidding“ • Bundling up of supply and demand • Minimization of strategic influences and market power • Definite and generally valid time for balancing the portfolio • Economical and simple

  4. Basic principles of price determination • Foreign spot market participants • Foreign participants will have to make sure themselves that power is at their disposal in a German TSO-area • Result • You take part in LPX just as your German colleagues(contract with Balance Responsible a.s.o.)

  5. LPX and the German power market TSO-areas • LPX works with 8 TSO-areas: • BayernWerk • Bewag • EnBW Transportnetze • HEW • PreussenElektra Netz • RWE Energie • VEW ENERGIE • VEAG

  6. Block 1 h. 1 – 6 Block 2 h. 7 - 10 Block 3 h. 11 - 14 Block 4 h. 15 - 18 Block 5 h. 19 - 24 Time 00:00 06:00 10:00 14:00 18:00 24:00 Block bid periods on the LPX Spot Market • Limits for block bids from start • Maximum size for an individual block bid is 50 MW • A maximum of 3 block bids per block period and participant can be sent in addition the hourly bid • These limits can change later on and if so LPX will inform its participants no later than on Thursday the week before implementation of new limits.

  7. Organisation of the exchange • Public law structure • Exchange as an institution under public law • LPX acts through organs under public law • Supporter • LPX Leipzig Power Exchange GmbH • Private law institutions • Shareholders

  8. LPX Organisation Exchange Council • LPX Board: • City of Leipzig • Sachsen LB • Freestate of Saxony • Nord Pool ASA Management of the Exchange Trade Supervisory LPX Management Examination Regulations Sanction committee Spot Trading Settlement Marketing & Key Accounts Exchange Courtof Arbitration

  9. LPX Fees • Overview • Trading fees(mutual, i.e. to be paid by both the purchaser and the seller)0.04 Euro/MWh • Annual fee12500 Euro • Entrance fee (one-off)7000 Euro

  10. The Market Participants • 33 companies trade at LPX Power Exchange • Aare Tessin AG • Bewag Aktiengesellschaft • DISAM A/S • EDF Trading Limited • Electrabel • Elektrizitäts-Gesellschaft-Laufenburg AG • EnBW Gesellschaft für Stromhandel • enercity trade • Energieunion AG • EWMR • Entega Trade GmbH • E.O.N. Energie AG • Fortum Energie GmbH • GEW Köln AG • HEW AG • Kom-Strom AG • Kraftübertragungswerke Rheinfelden AG • MVV Energie AG • Norsk Hydro Energy Deutschland GmbH • NWS Energiehandel GmbH • Österreichische Elektrizitätswirtschafts AG • RWE Energie AG • Southern Energy Europe bv • Stadtwerke Düsseldorf AG • Stadtwerke Leipzig, • Statkraft Energy Deutschland GmbH • Südwestdeutsche Stromhandelsgesellschaft mbH • Syneco GmhH & Co.KG • Tiroler Wasserkraftwerke AG • TXU Europe Energy Trading BV • VASA Energy GmbH & Co. KG • VEAG Vereinigte Energiewerke AG • VEW Energie AG (09/28/00)

More Related