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The EU Agency for the Cooperation of Energy Regulators (ACER) publishes today a methodological study to measure barriers to efficient price formation and easy market entry and participation for new and small players in the EU electricity wholesale markets. The study proposes a set of indicators and a methodology that will enable ACER to fulfil more effectively its new monitoring responsibilities set by the Clean Energy Package.
In particular, the study defines more than 70 indicators to be progressively included in future editions of the yearly ACER Market Monitoring Report (MMR) - Electricity Wholesale Market Volume. This will provide a comprehensive picture of the relative performance of the EU Member States in terms of efficient price formation and easy market entry and participation for new entrants and small actors.
The study has been conducted with the support of the consultancy DNV. Relevant inputs have also been collected from the National Regulatory Authorities (NRAs) for energy and a wide range of stakeholders through a public consultation and a set of interviews.
ACER aims to enhance this methodology over the years by adapting some barriers and indicators proposed in the study and including new ones, as the market develops.
