“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.

Europex response to the Council Revision of the Electricity Regulation and Directive (recasts) – Improvements still needed to achieve efficient markets

Brussels, 24 October 2017 | Europex supports the efforts of the Council to increase clarity on certain market design aspects in the proposed recasts of the Electricity Regulation and Directive. As previously set out in our position paper of 9 Aug. 2017, Europex believes the Commission proposals broadly recognise the importance of enabling well-functioning wholesale markets and strong market price signals in all Member States. However, as the texts are further discussed in the Council and the European Parliament, Europex calls for the following important points to be taken into account: Full and equal balancing responsibility for renewables Recognition of
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Categories: Position Papers.

Europex response to the proposed revisions of the ACER Regulation: a need for clarity and consistency

Brussels, 19 October 2017 | The proposal for the recast ACER Regulation and the revised Council text positively recognise the important contribution energy exchanges make towards a more integrated electricity market. However, Europex underlines the need for more precision on new ACER powers to oversee Nominated Electricity Market Operators (NEMOs), who perform market coupling operations. The recast Regulation should also ensure consistency with the recast Electricity Regulation and the Network Codes and Guidelines already in place. With this in mind, and as the text is further discussed in the European Parliament and the Council, Europex highlights three key points: Clearer
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Categories: Position Papers.

Europex Response to the ENTSO-E Public Consultation for the Design of TERRE and RR Harmonised Balancing Area

Brussels, 16 August 2017 | The attached overview summarises the Europex responses to the ENTSO-E public consultation questionnaire for the design of TERRE (Trans European Replacement Reserves Exchange) and RR Harmonised Balancing Area. Please download the full consultation response below.
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Categories: Consultation Responses.

The recasts of the Electricity Regulation and the Electricity Directive: our six key messages

Brussels, 9 August 2017 | As set out in our previous positon paper on the proposals for a recast of the Electricity Regulation and Directive, Europex welcomes the recognition of the central role of energy exchanges and the importance of strong market price signals in all Member States. However, we believe that a number of aspects can be strengthened in order to ensure well-functioning, liquid, efficient and transparent electricity markets in Europe. In the following, we highlight six key areas where we believe amendments to the Electricity Regulation recast proposal are necessary. Please read the full position paper, the amendments
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Categories: Position Papers.

Europex amendment proposals to the recasts of the Electricity Regulation and the Electricity Directive

Brussels, 9 August 2017 | In the following table, Europex publishes its detailed suggested amendments to the proposals for a recast Electricity Regulation and Directive. We put forward amendments in ten key areas to ensure well-functioning, liquid, efficient and transparent electricity markets in Europe. Please find the full amendments table, the key messages and the amendments presentation below.
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Categories: Position Papers.

Consumers have the right to make the best use of their demand flexibility

Brussels, 17 May 2017 | Demand response can bring a major contribution to meeting the challenge of the power system’s transition in line with European energy policy, to the benefit of all consumers. The European Federation of Energy Traders (EFET), EURELECTRIC and Europex fully support the objective that demand response, including aggregation, should compete on a level playing field with generation and storage. We applaud the proposals of the Clean Energy Package on the use of market-based mechanisms and the efficiency of price signals. The Package also rightfully enables demand response providers, including aggregators, to participate in all segments of the
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Categories: Press Releases.