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The EU Agency for the Cooperation of Energy Regulators (ACER) publishes a policy paper on the further development and integration of the EU electricity forward market.
This ACER’s policy paper:
- Identifies problems of this market segment, among which market fragmentation and lack of integration are the main ones; and
- Recommends solutions (e.g. regional virtual trading hubs to pool liquidity). Such regional hubs need to be complemented by accessible transmission rights to cover the remaining risks of the market participants.
The recommended policy options are ACER’s proposal for changes to the Regulation on Forward Capacity Allocation.
To present its policy paper, ACER organises a workshop on 13 March 2023.
