Following the recent review of the EU Electricity Market Design, the European Commission has been entrusted with an impact assessment by 17 January 2026 to identify measures that can improve the functioning of electricity forward markets. Among the proposals under review, the European Commission is considering the introduction of regional virtual trading hubs as the basis for proxy hedging in continental Europe. Theoretically, such hubs could provide interested market participants in a certain bidding zone with a synthetic price based on the aggregation of their different zonal prices.
Find the full paper attached.
