Feature
Sep 1998
The Amsterdam Power Exchange
Continental Europe’s first electricity exchange is taking shape. While the Amsterdam Power Exchange (APX) still faces challenges, most of the critical issues have been resolved and concrete steps towards its implementation are being made. The emergence of a spot market for electricity represents a quantum leap in the European liberalization process. The exchange is a tool that will fundamentally alter the way utilities operate with implications beyond the boundaries of the Netherlands. Dr Michael Kraus PricewaterhouseCoopers, Berlin
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