Gestore dei Mercati Energetici S.p.A.” is the company which was set up by “Gestore della Rete di Trasmissione Nazionale S.p.A.” (now “Gestore dei Servizi Energetici – GSE S.p.A.) with the mission of organising and economically managing the Electricity Market, under principles of neutrality, transparency, objectivity and competition between producers, as well as of economically managing an adequate availability of reserve capacity.

The Electricity Market, commonly called Italian Power Exchange (IPEX), enables producers, consumers and wholesale customers to enter into hourly electricity purchase and sale contracts. Market Participants connect to an electronic platform through the Internet and enter into on-line contracts under secure-access procedures based on digital certificates.