EPEX Policy note: Safeguarding the benefits of the EU power market
‘The current market design is worth keeping’, concludes ACER in its assessment of the EU electricity market. EPEX SPOT completely shares ACER's view that the market is not to blame for the current crisis of high energy prices. 24/7 the market guarantees security of supply and meaningful price signals. Each year it delivers €34 billion of benefits to consumers, as ACER estimates. This is why ill-designed emergency measures risk to distort the market and its benefits. As outlined in this EPEX SPOT policy note on Safeguarding the benefits of the European power market, a different pricing model, price caps would disrupt the meaningful price signals, endangering security of supply and decarbonisation objectives.
Click on the download file on the left to access the policy note.