Stock exchange: 25 years of electricity exchange – Eex takes a look at Brazil

The Leipzig electricity exchange looks at other countries 25 years after its start. “The next big market that we are doing is Brazil,” said Eex boss Peter Reitz of the German Press Agency. “In Europe I see great potential for the Scandinavian electricity markets, but there is also a lot of development potential in Asia. For example in Japan.” China, as the second largest economy in the world, does not matter because there is no free competition between electricity providers and the market is isolated.

Almost 670 million euros in sales last year

On June 15, 2000, the first trading day was on the electricity exchange in Leipzig. Started with 35 employees 25 years ago, today almost 1,200 people work for the EEX group with 25 locations from Denver to Tokyo.

There are no longer just electricity, but also gas and CO2 certificates. Last year, sales rose to almost 670 million euros – an increase of 16 percent in the previous year. “The Eex is the largest electricity exchange in the world today,” said Reitz. The largest shareholder is Deutsche Börse AG with a good 75 percent, and the state of Saxony also holds shares (3 percent).

In addition to new markets, the EEX also wants to grow with more electricity and gas to be brought to the stock exchange from the outdoors. But also new energy sources – so green hydrogen should be traded in the future. It is considered important, for example to make steelworks and chemical demolitions climate -neutral. The trading platform for this has already been developed and there are the first customers, said Reitz. “The first auction should take place next year.”