Brussels, 27 September 2011 | The introduction of organised markets can create the proper grounds for generating a safe environment where operators can trade, minimising counterparty risks while rising liquidity and enhancing transparency through publications of price references.
Europex believes liquid, safe and transparent GO organized spot markets could lead to a wider use of GO in Europe. Investments could benefit from such markets, giving reliable reference prices to this new commodity. Last but not least, social welfare might also improve by raising the macro economic efficiency when utilising renewables in EU.
Please find the position paper attached.