Consultation Responses
Victoria Cummings

Europex welcomes Commission proposal to continue protecting electricity, gas, emissions and GO trading from Missing Trader Intra-Community Fraud

Europex explicitly welcomes and fully supports the Commission’s legislative proposal to extend the derogation in Article 199a of the VAT Directive allowing Member States to apply the domestic reverse charge mechanism (DRCM) to transactions in electricity, gas, emission allowances and Guarantees of Origin (GOs).

Consultation Responses
Victoria Cummings

ESMA Consultation Paper on the review of RTS 1 /RTS 2

We believe it is crucial that the illiquid market and Large-In-Scale (LIS) transactions waiver methodologies will consider the unique characteristics of commodity trading, one of them being the important role of pre-arranged trading for the development of on-screen trading.

Consultation Responses
Victoria Cummings

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.

Consultation Responses
Victoria Cummings

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.