Established in 1999, under the name APX Power NL, APX was an independent fully electronic exchange for anonymous trading on the spot market, offering distributors, producers, traders, brokers and industrial end-users a spot market trading platform for day ahead transactions (trading today for delivery of electricity tomorrow) as well as Intraday transactions for on-the-day trading. In 2015, APX Group integrated their business with EPEX SPOT in order to form a Power Exchange for Central Western Europe (CWE) and the UK. Renamed EPEX Netherlands, APX Power NL now operates under the EPEX SPOT brand name and continues to provide its members standardised products to sell and purchase, remaining the central counter party in all electricity trades.
On the Day-Ahead auction, trading takes place on one day for the delivery of electricity the next day. Members submit their orders electronically, after which supply and demand are compared and the market price is calculated for each hour of the following day. Hourly contracts and flexible block contracts can be traded.Market Results / Read more