We urge the co-legislators to take the necessary time to fully understand the complexity of this file and seek the viewpoints of stakeholder who have worked closely with ACER to tailor REMIT into the tool it is today.
We urge lawmakers to carefully assess these proposals to ensure that the EMD package is beneficial to the functioning of short-term markets, the liquidity of long-term markets and the deployment of flexibility assets.
The Balkan Gas Hub (BGH EAD) has joined Europex as a full member as of today. With the inclusion of BGH, Europex now counts 33 members.
Europex applauds the efforts of Polish lawmakers to introduce a domestic reverse charge mechanism (DRCM) in Poland as of 1 April 2023.
We do not believe that the amendments adopted by ECON in relation to commodities and commodity derivatives will address volatility nor will they reduce energy prices, but instead further impede the development of commodity markets in the EU.
Europex welcomes this opportunity to comment on the future design of the European electricity market. Please see our response to selected questions.
The Romanian Commodities Exchange (Bursa Română de Mărfuri – BRM) has joined Europex as a Full Member as of today. With the inclusion of BRM, Europex now counts 32 members.
Call for ex-ante assessment of security of supply and financial stability risks We, the undersigned associations, fully acknowledge the seriousness of the situation in the
We are convinced that the proposal for a market correction mechanism will not achieve its primary objective of lowering energy prices but will seriously threaten the EU’s security of supply situation and introduce severe risks to financial stability in Europe.
Europex is concerned about the practical implications of the Market Correction Mechanism as set out in Article 23 of the draft Council Regulation and would like to highlight that any such mechanism must meet the conditions outlined in Article 23 (2) (b)-(j).
Rue Archimède 44
1000 Brussels
Belgium
