Amsterdam Power Exchange buys Automated Power Exchange UK
Amsterdam Power Exchange chief executive Bert van Ouden said in a statement that the acquisition will help boost synergies between the Netherlands and UK markets, as well as giving the Dutch exchange increased branding capabilities. Both exchanges had previously been known as APX.
“The clarity of the trademark issue is good for both companies and the market,” said van Ouden. “And the UK market has a lot of potential. The international approach means we can provide our participants with a wider range of products and services.
“We will continue to support APX UK’s existing services while also looking to introduce new services in response to the needs in the market,” he added.
The Amsterdam Power Exchange operates an electronic platform for day-ahead power trading in the Dutch market. The exchange says it has over 40 participants trading an average of 38,600 megawatt hours (MWh), or about 15% of net power consumption in the country, on a daily basis. But the exchange is facing pressure from the much larger German-based European Energy Exchange (EEX), which aims to become the leading European-wide exchange. EEX traded a total volume of 150 terawatt hours (TWh) in 2002, compared to APX’s 14.12 TWh
.
APX UK has operated a spot market for power since the introduction of the new electricity trading arrangements in March 2001, and currently has 25 participants. Parent company Automated Power Exchange, which is based in Santa Clara, California, says it now intends to focus on its US business.
“This transaction will allow Automated Power Exchange to focus on its North American core business of providing scheduling and settlement service for power and natural gas,” said chief executive John Yurkanin.
More on Electricity
CRO interview: Shawnie McBride
NRG’s chief risk officer Shawnie McBride discusses the challenges of increasingly interconnected risks, fostering a risk culture and her most useful working habits
Energy Risk Europe Leaders’ Network: geopolitical risk
Energy Risk’s European Leaders’ Network had its first meeting in November to discuss the risks posed to energy firms by recent geopolitical developments
Energy Risk US Leaders’ Network: tackling volatility
Energy Risk’s inaugural US Leaders’ Network convened in Houston in October to discuss risk management challenges caused by geopolitical upheaval, policy uncertainty and volatility
Uncertainty causes rethink on clean energy investment
Waning enthusiasm for net-zero pledges, environmental policy shifts, funding cuts and US tariffs are causing clean energy investors to retreat
Interview: Nodal Exchange’s Paul Cusenza
The fundamentals driving electricity prices, growing confidence in state-driven environmental programmes and Nodal’s share of the US zonal power markets
Energy Risk at 30: Learning from the past
Energy Risk looks back at the seminal events and developments that have shaped today’s energy markets
How quants shaped the modern energy markets
The business models of today’s utility firms are built on quantitative analysis, but the introduction of these techniques in the 1990s was far from smooth
Energy Risk Awards 2025: Nodal Exchange interview
Energy and environmental markets outlook, the impact of AI on power markets and Nodal Exchange’s plans
