we call on Member States to end inframarginal revenue caps by 30 June as set out in the 6 October Regulation. We also call on the EU co- legislators to ensure revenue caps remain outside of the scope of the current reform of the Electricity Market Design.
The Electricity Market Design reform is an opportunity to future-proof the regulatory framework to enable the decarbonisation of the European economy.
Europex welcomes this opportunity to comment on the future design of the European electricity market. Please see our response to selected questions.
The Romanian Commodities Exchange (Bursa Română de Mărfuri – BRM) has joined Europex as a Full Member as of today. With the inclusion of BRM, Europex now counts 32 members.
The tasks performed by delegated operators include, among others, imbalance
calculation and settlement, data publication related to electricity balancing markets and
issuing of the rules related to balancing markets and imbalance settlement.
Call for ex-ante assessment of security of supply and financial stability risks We, the undersigned associations, fully acknowledge the seriousness of the situation in the
We are convinced that the proposal for a market correction mechanism will not achieve its primary objective of lowering energy prices but will seriously threaten the EU’s security of supply situation and introduce severe risks to financial stability in Europe.
Europex is concerned about the practical implications of the Market Correction Mechanism as set out in Article 23 of the draft Council Regulation and would like to highlight that any such mechanism must meet the conditions outlined in Article 23 (2) (b)-(j).
The Electricity Market Operator of Montenegro (Crnogorski operator tržista električne energije – COTEE) has joined Europex as a full member as of today. With the inclusion of COTEE, Europex now counts 31 members.
We would like to take this opportunity to offer additional guidance to ensure that these emergency measures are not adopted without due consideration of their short- and mid-term effects.
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