Commencement of operation of natural gas trading platform at HEnEx
(Article by Mira Todorovic Symeonides, Partner and Konstantinos Ntallas, Associate, published in the Energy & Natural Resources Newsletter of the ILO on Μay 16, 2022)
Download: Commencement of operation of natural gas trading platform.pdf
About ENEX Group
EnExGroup consists of Hellenic Energy Exchange S.A. (HEnEx S.A.) and EnΕx Clearing House Single Member S.A. (EnExClear) and was founded on 18.6.2018, following a spin-off of the Electricity Market branch of LAGIE S.A. and currently DAPEEP.S.A. Building upon accrued experience of more than a decade, operating continuously and consistently the Day-Ahead Scheduling Energy Transactions System, HEnEx S.A. has been designated by the Greek Regulator (Regulatory Authority for Energy-RAE) as Nominated Electricity Market Operator (NEMO) for the operation of the Day-Ahead and Intraday Electricity Markets.
Since 16.3.2020, following the approval of the Hellenic Capital Market Commission (HCMC), HEnEx S.A is operating the Energy Financial Market, as Market Operator of the Energy Derivatives Market and since March 21.3.2022, HEnEx S.A. is also operating the Natural Gas Trading Platform.
EnExClear, a subsidiary of HEnEx founded on 02.11.2018, is responsible for the clearing and settlement of transactions concluded in the Day-Ahead and Intraday Markets, for the transactions on the Natural Gas Trading Platform as well as the clearing and settlement of positions in the Balancing Market.
EnExGroup has also undertaken the organization and operation of the Greek Gas and Environmental Markets.