Hellenic Energy Exchange Towards the integration of Greek and EU Energy Markets

The majority of EU countries have successfully established Power Exchanges through which cross-border transactions are conducted in a transparent and reliable manner, ensuring greater liquidity in energy markets and at the same time providing a competitive environment for the benefit of the consumers. In the case of Greece, in an effort to enhance competition compared to the previous period, the country has introduced numerous steps towards the liberalization and deregulation of its wholesale electricity market. The Policy Brief discusses in depth one of these steps, which is the establishment of the Hellenic Energy Exchange (HEnEx) in order to operate the Energy Derivatives Market, the Day-Ahead Market and the Intra-Day Market.