EC Consultation - Electricity Market Design
The European Commission recently held a consultation in advance of its intention to present a proposal for amendments to electricity market design in March 2023. As Europe’s leading power market, Nord Pool has both the experience and expertise to provide valuable input to the Commission’s consultation. Now we have published a white paper setting out our viewpoints on the Commission’s consultation.
This consultation had been long-anticipated by the power sector and it is reassuring that the overall good functioning of the short-term markets was recognised and acknowledged.
Especially positive are suggestions for a cross-border intraday gate closure closer to real time and the suggestion that market operators should share their liquidity in all timeframes until delivery – something Nord Pool has long campaigned for!