All NEMOs MCO Plan

National Regulatory Authorities approve NEMO proposal to establish European Market Coupling Operator functions to further integrate day-ahead and intraday markets (the “MCO Plan”) Cosimo Campidoglio elected as new Chairperson of NEMO Committee 24 July 2017. We are pleased to announce that, following extensive discussion and collaboration between Nominated Electricity Market Operators (NEMOs) and National Regulatory Authorities (NRAs), all NRAs approved the MCO Plan on 26 June 2017. The MCO Plan includes all the necessary steps to accomplish a European market coupling operator function to integrate European day-ahead and intraday power markets. In April 2016, the NEMO Committee, representing all 17
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Categories: All NEMOs.

NRAs approve NEMO MCO Plan proposal to establish European Market Coupling Operator functions

National Regulatory Authorities approve NEMO proposal to establish European Market Coupling Operator functions to further integrate day-ahead and intraday markets (the “MCO Plan”) Cosimo Campidoglio elected as new Chairperson of NEMO Committee 24 July 2017. We are pleased to announce that, following extensive discussion and collaboration between Nominated Electricity Market Operators (NEMOs) and National Regulatory Authorities (NRAs), all NRAs approved the MCO Plan on 26 June 2017. The MCO Plan includes all the necessary steps to accomplish a European market coupling operator function to integrate European day-ahead and intraday power markets. In April 2016, the NEMO Committee, representing all 17
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Categories: Press Releases.

Europex feedback to Part 1 of the “Quo vadis EU gas market” study

Brussels, 10 July 2017 | In reaction to a stakeholder workshop that the European Commission organised recently in the context of the “Quo vadis EU gas market?” study, Europex provides its feedback on the methodology and other aspects of the preliminary report. The main comments on the direction of the preliminary report are as follows: Europex considers that the current regulatory focus should be on ensuring a level playing field for all market actors and the consistent and comprehensive implementation and application of the 3rd Energy Package and the Network Codes throughout all Member States. There are still major deviations between Member States and the full and effective
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Categories: Position Papers.

MiFID II: need for an equal regulatory treatment of Long-Term Transmission Rights (LTTRs) to enable an efficient regime for secondary trading

Brussels, 04 July 2017 | Europex supports the classification of Financial Transmission Rights (FTRs) as financial instruments under MiFID II. This helps fostering a well- functioning, efficient electricity markets and will ensure an efficient regime for secondary trading of FTRs. In addition, there is a significant need for more regulatory clarity as regards Physical Transmission Rights (PTRs) in order to create a level playing field for LTTRs. One of the objectives of the Capacity Allocation and Congestion Management Guideline (CACM GL) as well as the Network Code on Forward Capacity Allocation (NC FCA) is to optimise hedging opportunities for market participants,
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Categories: Position Papers.