Energy Markets for Europe
LATEST UPDATES
ACER public consultation on harmonised allocation rules for long term transmission rights in accordance with the FCA Regulation
We support ACER’s approach to delete Article 59(5) of the proposal, which proposes a cap on remuneration of LTTRs in case of fallback allocation. We do not see adequate justification to extend the HAR Article 59 compensation caps to LTTR remuneration during decoupling events.
All TSOs’ Proposal for Amendment of Pricing Methodology
Europex fully supports the EU target design for balancing energy markets, including the implementation of cross-border marginal pricing. However, during the transition to the European balancing platforms, we acknowledge the potential risks of ‘exaggeratedly high’ balancing prices, as described by the TSOs.
ACER public consultation on the high-level approach for the identification of alternative bidding zone configurations to be considered for the bidding zone review
Bidding zones are a fundamental part of the electricity market design in Europe. Adequate attention must be paid to the development of alternative bidding zone configurations as well as their assessment.
Feedback on the draft Climate, Energy and Environmental Aid Guidelines (CEEAG)
To ensure that the policy objectives set out in the Green Deal get delivered at least cost and that the EU’s internal market principles are upheld, State Aid rules need to find the right balance between supporting decarbonisation projects and minimising distortion of competition and trade in the Internal Energy Market.
ESMA Consultation on Technical Standards for Commodity Derivatives – MiFID II Recovery Package
We welcome the opportunity to provide feedback to ESMA’s draft proposals for the review of RTS 21 and ITS 4 as well as the proposal for new technical standards for position management controls. Europex’ members have gained extensive experience with the implementation of the MiFID II position limit regime and position management provisions.
‘Fit for 55’ package: a coherent, competitive and innovation-friendly market framework must drive 2030 decarbonisation efforts
The ‘Fit for 55’ Package underlines the common understanding that competitive energy and emissions markets must drive decarbonisation efforts at least cost to the energy system and consumers while ensuring a high level of competition and innovation.
LATEST UPDATES
ACER public consultation on harmonised allocation rules for long term transmission rights in accordance with the FCA Regulation
We support ACER’s approach to delete Article 59(5) of the proposal, which proposes a cap on remuneration of LTTRs in case of fallback allocation. We do not see adequate justification to extend the HAR Article 59 compensation caps to LTTR remuneration during decoupling events.
All TSOs’ Proposal for Amendment of Pricing Methodology
Europex fully supports the EU target design for balancing energy markets, including the implementation of cross-border marginal pricing. However, during the transition to the European balancing platforms, we acknowledge the potential risks of ‘exaggeratedly high’ balancing prices, as described by the TSOs.
ACER public consultation on the high-level approach for the identification of alternative bidding zone configurations to be considered for the bidding zone review
Bidding zones are a fundamental part of the electricity market design in Europe. Adequate attention must be paid to the development of alternative bidding zone configurations as well as their assessment.
Markets
Europex divides its activities into four Working Groups which consider topics critical to electricity, gas, environmental and financial markets. Furthermore, more specific policy areas are tackled by Task Forces such as for balancing, market integrity and transparency and Energy Community and third country issues.
Environmental
Markets
Financial
Markets
EU LEGISLATION ON ENERGY TRADING
Europex has developed this resource to provide an overview of EU legislation relevant for wholesale energy trading. The collection only includes legislation that has formally entered into force. Links to non-binding guidance or supporting documents are also available, where relevant.
all Nemo CommitTee
The All NEMO Committee facilitates cooperation among Nominated Electricity Market Operators (NEMOs) to support the efficient and secure design, implementation and operation of single day-ahead and intraday coupling.
Visit the All NEMO Committee website to learn more. Europex takes no responsibility for the content of the All NEMO Committee website.
