Berlin, Leipzig – Today, the European Energy Exchange (EEX) and the Transmission System Operator 50Hertz published a joint position paper on the Clean Energy Package under the title “Getting the EU energy market design right”.
In this paper, EEX and 50Hertz welcome the European Commission’s approach to further strengthen the European power market. However, certain proposals of the Package could be improved to make the EU market design more efficient.
Dr. Dirk Biermann, Chief Markets and System Operations Officer at 50Hertz: "There is a need for intensive cooperation between the European transmission system operators to create system security and uniform market conditions across national borders. A lot has happened in recent years. The Regional Security Coordinators (RSC) already make an important contribution here. This structure should be pursued in order to expand the cooperation rather than create completely new structures."
Dr. Tobias Paulun, Chief Strategy Officer of EEX: "The concept of large coupled price zones is being questioned by the European Commission's EU Electricity Regulation draft. We see this with concern because large, coupled and liquid price zones promote the integration of renewable energies and, in conjunction with market coupling, contribute decisively to the success of the European electricity market. "
Download press release as pdf (44,1 KB)
Download position paper as pdf (113 KB)
The European Energy Exchange (EEX) is the leading energy exchange in Europe. It develops, operates and connects secure, liquid and transparent markets for energy and commodity products. At EEX, contracts on Power, Coal and Emission Allowances as well as Freight and Agricultural Products are traded or registered for clearing. Alongside EEX, EPEX SPOT, Powernext, Cleartrade Exchange (CLTX), Gaspoint Nordic, Power Exchange Central Europe (PXE) and Nodal Exchange are also part of EEX Group. Clearing and settlement of trading transactions are provided by the clearing house European Commodity Clearing (ECC) and by Nodal Clear in the United States. EEX is part of Deutsche Börse Group. More information: www.eex.com
With about 1,000 collaborators, 50Hertz takes care of the operation and the expansion of the transmission grid. Furthermore, the company is responsible for the management of the overall electrical system throughout the German Länder of Berlin, Brandenburg, Hamburg, Mecklenburg-Western Pomerania, Saxony, Saxony-Anhalt and Thuringia. As transmission system operator active in the Central European market, 50Hertz is responsible for the secure integration of renewable energy, the development of the European electricity market and for maintaining a high level of security of supply. Since 2010, Belgian grid operator Elia and Australian infrastructure fund IFM Investors are shareholders of 50Hertz, holding stakes of 60% and 40%. As a European transmission system operator, 50Hertz is part of the Elia Group and a member of ENTSO-E, the European Network of Transmission System Operators for Electricity. More information: www.50hertz.com
For further information, please contact:
EEX Public Relations, European Energy Exchange AG, phone 0341-2156-300,
Volker Kamm, 50Hertz Transmission GmbH, phone 030-5150-3417,
fax 030-5150-2199, mobile phone 0172-3232-759, email@example.com