ACER and CEER consult on the EU electricity forward market
What is it about?
The EU Agency for the Cooperation of Energy Regulators (ACER) and the Council of European Energy Regulators (CEER) announce a public consultation to collect inputs on their draft policy paper on how to address key challenges in the EU electricity forward market.
In this consultation paper, ACER and CEER have identified the main problems experienced in the EU’s electricity forward market, as well as possible solutions for policy makers. The paper includes a qualitative analysis and proposes some preliminary conclusions on the preferred policy options.
Among several other elements, stakeholders are invited to share their views on the:
problems identified (e.g. low liquidity, inadequate maturities, barrier to reconfiguration of bidding zones)
set of possible policy options and solutions to the challenges
the analysis and preliminary conclusions.
Target audience: Market participants interested to hedge (producers, consumers, traders).
The public consultation runs from Wednesday 1 June until Friday 29 July 2022.
ACER and CEER will also hold a public workshop on Wednesday 6 July 2022, from 9.00 to 12.00 CET, to present the consultation paper and gather first reflections from stakeholders.
What are the next steps?
ACER and CEER will further analyse and evaluate the policy options, taking into consideration the outcome of the consultation. As a next step, ACER and CEER may recommend amendments on the legal framework to accommodate one or several policy options.