WG GM was created following a decision of the Europex Steering Committee on 25 February 2009 with the aim of increasing transparency and liquidity on the gas exchange markets. Since then, WG GM has been permanently broadening its range of activities and is now the centre of gas related activities of Europex.

As a working group, we believe that gas trading on energy exchanges plays a key role in fostering liberalised and liquid gas markets. Exchange markets are important sources of price signals and enable trading of standardised products with minimised counterparty risk.

We strive to shape the European regulatory framework to create a viable and strong gas market that can satisfy the demands of traders, customers and consumers in the short and long run.

We perform a range of activities to make this happen. We are engaged in stakeholder dialogues and have established WG GM as the voice of energy exchanges in the regulatory discourse. To this end, we have shaped and contributed inter alia to the following topics:

  • Review of the European Gas Target Model;
  • Development of Network Codes;
  • Regular stakeholder involvement e.g. (EC, EP, ACER, ENTSOG);
  • Participation in consultations, drafting of position papers;
  • Monitoring of markets.

The Team

WG GM consists of 49 members from 21 exchanges. Frederick Bernthaler (CEGH) has been Head of the WG since 2014.

Head of WG GM: Frederick Bernthaler (Head of Legal at CEGH)

Contact details

E-mail: frederick.bernthaler@gashub.at

Phone: +43 (1) 270 2700 28515

All Updates on Gas Markets