Europex response to the Commission consultation on the priority list for the development of network codes and guidelines on electricity for the period 2020-2023 and on gas for 2020 (and beyond)

Brussels, 14 May 2020 | Europex, the Association of European Energy Exchanges, welcomes the opportunity to take part in the present consultation. Our response addresses the proposed priorities for new electricity network rules on cybersecurity and demand-side flexibility.   Please download the full consultation response below.
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Categories: Consultation Responses.

Europex response to ACER consultation on bidding zone review methodology

Brussels, 24 April 2020 | The bidding zone review and resulting decision on the configuration has fundamental consequences for the electricity market in all timeframes. Europex welcomes the opportunity to provide input into ACER’s public consultation on the methodology and assumptions to be used in the bidding zone review process. It is important to ensure that there is robust and transparent analysis supporting both the development of the alternative configurations and their evaluation against the CACM criteria. The assessment of the configuration impact on market efficiency, competition, liquidity and overall welfare must consider both short-term and forward markets, and use
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Categories: Consultation Responses.

Net zero at least cost: energy and emissions markets at the core of cost-efficient decarbonisation

Brussels, 17 February 2020 | Achieving a climate neutral economy by 2050 presents a significant challenge that will require fundamental changes across many sectors. Open, competitive, transparent and liquid power, gas and emissions markets are among the core tools necessary to reach the EU’s 2050 net zero target cost-efficiently. Agreement on the 2050 neutrality objective itself represents an important milestone which we explicitly welcome. To help achieve this, close attention must be paid to the instruments and mechanisms required, including how to trigger the necessary innovation and investment and to achieve decarbonisation at the least cost to the consumer, the
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Categories: Position Papers.

Europex response to the CEER Public Consultation on Dynamic Regulation to Enable Digitalisation of the Energy System

Brussels, 14 May 2019 | The CEER Consultation Paper on Dynamic Regulation to Enable Digitalisation of the Energy System elaborates on the implications of digitalisation for the energy sector and for consumers in particular. It considers the changes that may be needed to empower and unlock the benefits of digitalisation for consumers and to protect them against the risks. Selected highlights from the Europex response to the consultation are included below. B1. What impact do you consider that digitalisation will have on the energy system and which are the most important? Digitalisation will enable the emergence of new business models
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Categories: Consultation Responses.

Europex recommendations ahead of the electricity market design trilogues

Brussels, 18 June 2018 | In this document, Europex provides its recommendations ahead of the electricity market design trilogues, with a focus on the Electricity Regulation and Directive. We make our recommendations in the form of a four-column table, allowing comparison between the positions of the Commission, Parliament and Council on key topics. In some instances we support the position of one of the institutions, in others we make more specific proposals. Europex believes that a continued focus on strong market principles is necessary during these important trilogue negotiations. This market design will be relevant well into the 2020s so it
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Categories: Position Papers.

Europex response to the consultation on the ‘First Edition Bidding Zone Review’

Brussels, 9 March 2018 | Europex’ response is divided into two parts. Comments on the content of the draft report for public consultation are provided first, followed by comments concerning the process of the First Edition Bidding Zone review. 1. Feedback on the First Edition Bidding Zone Review: Draft report for public consultation Selection of expert-based bidding zone configuration: Configuration selection is a vital part of the review, which defines the framework of the study. The selection of the four alternative expert-based configurations developed by the TSOs is described in section 4.1, taking each scenario in turn. It is explained
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Categories: Consultation Responses.

“Delivering the benefits of efficient wholesale energy markets to European consumers” – EFET and Europex hold joint policy lunch hosted by Martina Werner, MEP

Brussels, 5 December 2017 | On Tuesday 28 November 2017, EFET and Europex held a common policy lunch on “Delivering the benefits of efficient wholesale energy markets to European consumers”, hosted by MEP Martina Werner at the European Parliament in Brussels, Belgium. The event featured a panel discussion on the Clean Energy for All Europeans Package. Both the host, Martina Werner, MEP, and the special guest speaker Oliver Koch, Deputy Head of Unit, DG ENER, focused their remarks on the central role of electricity wholesale markets. Jérôme Le Page, Manager for European Electricity Markets at EFET, and Rickard Nilsson, Head
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Categories: Press Releases.

Europex response to ENTSO-E’s public consultation on Key Organisational Requirements, Roles and Responsibilities (KORRR)

Brussels, 1 December 2017 | Europex has submitted its response to ENTSO-E’s public consultation on the All TSOs’ proposal for the Key Organisational Requirements, Roles and Responsibilities (KORRR) relating to Data Exchange in accordance with Article 40(6) of the Commission Regulation (EU) 2017/1485 of 02 August 2017 establishing a Guideline on Transmission System Operation (SO GL). Europex suggests deleting Article 19 of the present proposal. We understand the approach to mention all involved parties in the data exchange process. However, the obligation for NEMOs to share market results and cooperate with TSOs is already stipulated in other EU legislation, including
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Categories: Consultation Responses.

The Essential Tasks of Third Party Market Operators in the Electricity Market

Brussels, 15 November 2017 | In a number of EU Member States/EEA countries, certain functions related to the operation of the electricity market, which are necessary for the electricity market to work efficiently, are carried out by non-TSO Third Parties rather than by TSOs. These Third Parties, hereafter called Third Party Market Operators/Facilitators, and the vital roles they play, are recognised in the European Network Codes and Guidelines. The tasks performed by these Third Parties include, among others, imbalance calculation and settlement, data publication related to electricity balancing markets and issuing of the rules related to balancing markets. These tasks
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Categories: Position Papers.

Strengthening the regional approach to system operation to boost renewables’ integration. Joint statement by Client Earth, EFET, Eurelectric, Europex, RAP, SEDC, SolarPower Europe and Wind Europe

Brussels, 26 October 2017 | Europe needs to integrate ever-growing shares of renewable energy sources into the wholesale power market. This path is a no brainer for Europe and for the signatories of this statement. Today however, a number of hurdles are in the way of reaching this goal. This is in particular the case for cross-border capacity allocation. ACER data has clearly shown that less than 50% of the “benchmark capacity” was offered to the market in 2016 and that, on a large range of EU borders, the part of the “benchmark capacity” offered to the market was even
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Categories: Position Papers.