Brussels, 25 June 2018 | The purpose of this paper is to provide ESMA and National Competent Authorities with specific recommendations in support of their work with regard to amending certain parts of Regulation 2017/583 (‘RTS 2’)1, relating to the MiFIR pre-trade transparency regime for non- equity products. Europex members have long argued that, in its present form, the regime is not fit for purpose and cannot be applied to trade registration facilities in energy derivatives markets. Should these pre- arranged trades be no longer reported to regulated markets for clearing purposes, this would compromise their vital role in supporting
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Europex reactions to the CEER study on the Future Role of Gas
Brussels, 25 June 2018 | Europex welcomes the initiative from the Council of European Energy Regulators (CEER) to explore the Future Role of Gas (FROG) as well as its implications for the regulatory framework and infrastructure requirements. We share the view that gas plays a very significant role in Europe’s energy mix today and will continue to do so in the mid- and long-term. A variety of energy sources, including natural and renewable gas, will be required to meet the EU’s long-term objectives of secure, affordable and clean energy for all Europeans. Natural gas offers many advantages as a flexible
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Europex recommendations ahead of the electricity market design trilogues
Brussels, 18 June 2018 | In this document, Europex provides its recommendations ahead of the electricity market design trilogues, with a focus on the Electricity Regulation and Directive. We make our recommendations in the form of a four-column table, allowing comparison between the positions of the Commission, Parliament and Council on key topics. In some instances we support the position of one of the institutions, in others we make more specific proposals. Europex believes that a continued focus on strong market principles is necessary during these important trilogue negotiations. This market design will be relevant well into the 2020s so it
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European Cross-Border Intraday (XBID) Solution and 10 Local Implementation Projects successfully launched
Brussels, 14 June 2018 | European Cross-Border Intraday (XBID) Solution and 10 Local Implementation Projects successful go-live. Nominated Electricity Market Operators (NEMOs) and Transmission System Operators (TSOs) are pleased to announce that XBID was successfully launched on Tuesday 12th June. First deliveries were achieved on Wednesday 13th June. This marks a major milestone in the project and follows several years of complex and intensive development and testing. Please read the full press release below.
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