Now hiring a policy adviser to join the Europex Secretariat! The position will support the Power and Gas Markets Working Groups in monitoring regulatory developments, drafting policy documents and coordinating advocacy efforts.
We welcome this opportunity to provide input to the ENTSO-E and EU DSO proposal for a Network Code on Cybersecurity aspects of cross-border electricity flows.
ETPA, Energy Trading Platform Amsterdam, has joined Europex as a Full Member as of today. With the inclusion of ETPA, Europex now counts 30 members across Europe.
The General Assembly of Europex elected the Chairperson, Board and the Heads of the four Working Groups: Power Markets, Gas Markets, Environmental Markets and Financial Markets. Those elected will serve a two-year mandate from 2022-2023.
Europex welcomes this coordinated approach and urges Member States to implement consumer protective measures which do not negatively impact the well-functioning and proven welfare benefits of the IEM.
In reaction to increased energy prices, some EU Member States have put in place or are considering temporary national measures and suggest various fundamental reforms to the design of European wholesale energy markets. Europex is concerned that some measures may damage the competitiveness and efficiency of the Internal Energy Market.
The European Stakeholder Committees (ESCs) have been established to inform and consult stakeholders on the implementation of the European network codes and guidelines. The MESC participants are the key stakeholders involved in the implementation of European market network codes and guidelines.
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.
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.
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.
Rue Archimède 44
1000 Brussels
Belgium
