Paris, 14 June 2023. The European Power Exchange EPEX SPOT and the European Energy Exchange (EEX) jointly welcomed a delegation from the French Senate to their premises in Paris. The visit on 6 June 2023 included a working meeting to present the functioning of European gas and electricity markets, the recent energy crisis and price volatility as well as the EU Market Reform. The visiting senators are part of the Senate’s finance commission.
Especially in the context of the recent supply crisis in Europe, energy markets have proven to deliver reliable price signals and securing flows across the continent, hence contributing to security of supply. In addition to this, the current proposal by the EU Commission to reform the EU electricity market design raises issues, often of detailed and technical nature, and EEX and EPEX SPOT were pleased to take this opportunity in order to shed light upon these issues.
The European Energy Exchange (EEX) is the leading energy exchange which builds secure, successful and sustainable commodity markets worldwide – together with its customers. As part of EEX Group, a group of companies serving international commodity markets, it offers contracts on Power, Natural Gas and Emission Allowances as well as Freight and Agricultural Products. EEX also provides registry services as well as auctions for Guarantees of Origin, on behalf of the French State. More information: www.eex.com
The European Power Exchange EPEX SPOT SE and its affiliates operate physical short-term electricity markets in 13 countries: in Central Western Europe, the United Kingdom, Switzerland, the Nordics and in Poland. As part of EEX Group, a group of companies serving international commodity markets, EPEX SPOT is committed to the creation of a pan-European power market. Over 300 members trade electricity on EPEX SPOT. 49% of its equity is held by HGRT, a holding of transmission system operators. For more information, please visit www.epexspot.com.