EEX to assume Powernext portfolio (including GO auction) from 1 January

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Subject to approvals, the European Energy Exchange (EEX) will merge all Powernext activities with its own platform from the beginning of next year.

The Germany-based exchange would operate the GO auction from 1 Jan 2020, although the commencement of the French auctions later this month would still proceed as planned on Powernext.

EEX, which also acquired Grexel Systems earlier this year, ...