Europex - Association of European Energy Exchanges

▶️15-minute products are now available for trading across several more borders and bidding zones in #SIDC: 🇮🇹  the Italian bidding zones and internal borders, effective from 1 January 2025 🇫🇷  the French bidding zone and the following interconnectors: IT-AT, IT-FR, IT-SI, FR-BE, FR-DE, EE-FI (Estlink) since 22 January 2025 🚩The implementation marks a major step toward a more dynamic, #flexible, and cost-efficient energy market that will better meet the evolving demands of Europe and strengthen its sustainable future. #SIDC #NEMOs #TSOs #15minMTU

✨2024: Wrapping up with Gratitude ✨   As we bid farewell to an eventful year, we would like to thank everyone who engaged with us in 2024. Whether you joined the conversation, attended our events or simply followed our updates, your engagement with Europex and Europe's energy markets means a lot to us.   Looking ahead, 2025 promises to be equally dynamic, with significant political and regulatory milestones on the horizon.   But for now, we hope the coming festive season brings you joy, calm and renewed inspiration for the year ahead.   🎄Wishing you a Merry Christmas & a Happy New Year! 🎉   #Europex #EnergyMarkets #SeasonGreetings #EnergyPolicy #HappyHolidays

▶️15-minute products are now available for trading in #SIDC in the #Baltic region 🚩The implementation marks a major step toward a more dynamic, #flexible, and cost-efficient energy market that will better meet the evolving demands of Europe and strengthen its sustainable future.

📢 Europex is hiring Policy Advisers to join our team! Are you passionate about shaping the future of Europe’s energy and financial markets? We’re looking for talented individuals to contribute to our policy work. Check out our open roles: ➡️ Policy Adviser – Financial Markets 👉 https://lnkd.in/eFPvj42F ➡️ Energy Markets Adviser 👉 https://lnkd.in/eG8DTxcE 📧 Send your application to jobs@europex.org by Friday, 10 January 2025. ⏳ Join Europex and make an impact in the energy landscape! 🌍 #EnergyPolicy #EnergyMarkets #PolicyJobs #JobsInEnergy

⚠️ The European Commission will assess the possible introduction of regional Virtual Trading Hubs (VTHs) for cross-zonal hedging, and the moving from zone-to-zone to zone-to-hub long-term transmission rights (LTTRs) to improve the market participants' ability to hedge price risks in the internal #electricity market - but are these measures feasible?    Together with Energy Traders Europe and Eurelectric, we advocated for a cautious approach and the need for a thorough data-driven evaluation before any changes are implemented.   Compass Lexecon's study provides a detailed quantitative analysis focusing on transaction costs and basis risks in the CORE region and its extension to Iberia and Italy. It shows that:   ▪️ The current system across the CORE region where market participants hedge using existing physical hubs like those in Germany and Hungary is generally more effective for hedging than a virtual hub setup.    ▪️ If implemented, VTHs could fragment forward market liquidity, leading to lower efficiency on the market and higher costs, which may eventually be passed on to consumers.   ▪️ The introduction of zone-to-hub LTTRs does not seem sufficient to counterbalance less efficient hedging on VTHs.    Download the study to learn more: https://lnkd.in/eqgSBBGM   #energy #electricity #MarketDesign #EMD #hedging  

⚠️ The European Commission will assess the possible introduction of regional Virtual Trading Hubs (VTHs) for cross-zonal hedging, and the moving from zone-to-zone to zone-to-hub long-term transmission rights (LTTRs) to improve the market participants' ability to hedge price risks in the internal #electricity market - but are these measures feasible?    Together with Energy Traders Europe and Eurelectric, we advocated for a cautious approach and the need for a thorough data-driven evaluation before any changes are implemented.   Compass Lexecon's study provides a detailed quantitative analysis focusing on transaction costs and basis risks in the CORE region and its extension to Iberia and Italy. It shows that:   ▪️ The current system across the CORE region where market participants hedge using existing physical hubs like those in Germany and Hungary is generally more effective for hedging than a virtual hub setup.    ▪️ If implemented, VTHs could fragment forward market liquidity, leading to lower efficiency on the market and higher costs, which may eventually be passed on to consumers.   ▪️ The introduction of zone-to-hub LTTRs does not seem sufficient to counterbalance less efficient hedging on VTHs.    Download the study to learn more: https://lnkd.in/eqgSBBGM   #energy #electricity #MarketDesign #EMD #hedging  

💡 On 29 October 2024 (first trading day) Flow-Based Methodology was successfully implemented in the Nordic Region, where it optimises Day-Ahead Market Coupling (SDAC). 👉 Following Central Western Europe and Core regions, flow-based methodology is now used when allocating cross-border capacities for SDAC in Denmark, Finland, Norway and Sweden thus improving capacity allocation and enabling the European power grid to transport more electricity across borders. For more information on Nordic Flow-Based: https://lnkd.in/dRx-h_mz

🔊 Keynote Announcement: Exploring the EU's Clean Industrial Deal at the 10th Annual ENERGY CROSS-BORDER TRADING AND BALANCING MARKET FORUM! We’re excited to share that Christian Baer, Secretary General at Europex - Association of European Energy Exchanges, will deliver a keynote on the European Commission’s upcoming Clean Industrial Deal. This address will delve into the balance between green goals and industrial competitiveness in an evolving market landscape. Keynote Highlights:  🌍 Competitiveness vs. Green Goals: Will the renewed focus on industrial competitiveness create a more balanced and less distortive market design? 🛠️ Market Harmonization: What steps are being taken to reduce market distortions and improve EU-wide harmonization? This is a must-attend keynote for those interested in how the EU’s strategic policies are shaping the future of cross-border trading and balancing markets. Join us as we navigate the intersection of sustainability and economic growth 👉 https://lnkd.in/g7hxqJ6W #EnergyTransition #CleanIndustrialDeal #CrossBorderTrading #EUROPEX #MarketHarmonization

Europex welcomes the opportunity to contribute to the European Commission’s public consultation on the methodology for determining greenhouse gas (GHG) emission savings of low-carbon fuels. 🏛️🔍 Together with Ammonia Europe, Carbon Capture and Storage Association, Cefic, COGEN Europe, European Industrial Gases Association (EIGA), ENTSOG, ERGaR European Renewable Gas Registry aisbl, The European Steel Association (EUROFER), Eurogas, Fertilizers Europe, FuelsEurope, GIE, Hydrogen Europe, IFIEC Europe, IOGP, and the Methanol Institute, we support a clear, consistent regulatory framework to facilitate the ramp-up of low-carbon fuels across Europe. 🌍⚙️ Our joint statement reflects a commitment to fair certification standards for both domestic and imported fuels, fostering innovation and ensuring the necessary foundation for low-carbon fuel development. Read the full statement 📄 👉 https://lnkd.in/e3iciedt

📊🌍Market Stakeholders within ENNOH's framework should be included to foster greater cooperation 🤝and transparency. 💡🛠️We suggest establishing a dedicated advisory group to facilitate effective dialogue, streamline policy development and drive innovation in hydrogen network regulation. Read our detailed response to EU Agency for the Cooperation of Energy Regulators (ACER) 👉 📄 https://lnkd.in/ezegFTxt #Hydrogen #EnergyTransition #ENNOH #Sustainability #Decarbonisation