Europex response to the consultation on the draft Delegated Regulation adjusting the EU ETS auction process for 2021-30

Brussels, 6 August 2019 | Europex welcomes the opportunity to comment on the proposal for a Commission Delegated Regulation to align the auctioning of allowances with the EU ETS rules for the Fourth Trading Period and with the classification of allowances as financial instruments as published on 9 July 2019. In this context, we have taken particular positive note of the following suggested changes: ▪ The simplified procedure for the determination and publication of auction calendars; ▪ The clarification of rules on the distribution of auction volumes in case of multiple auction cancellations; ▪ The clarification of the notification procedure for
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Categories: Consultation Responses.

RED II: Auctioning GOs for supported energy brings wider system benefits and ensures alignment with EU State Aid rules

Brussels, 15 February 2018 | Guarantees of Origin (GOs) are valuable tools for tracking and documenting both renewable and conventional energy. Europex has already put forward several proposals for the further development of the GO market in the context of the review of the Renewable Energy Directive (RED II). Following the publication of the Council’s General Approach on RED II and the ITRE report adopted by the European Parliament, there have been diverging stakeholder positions on how to ensure that renewable energy producers receiving financial support do not receive double compensation under the GO system (Article 19 of RED II).
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Categories: Position Papers.