Europex

Europex welcomes the holistic ‘Fit for 55’ Package as a decisive step towards achieving Europe’s green transition. The package underlines the common understanding that competitive energy and emissions markets must drive decarbonisation efforts to achieve the EU’s green policy objectives at least cost to the economy and consumers, while ensuring a high level of competition and innovation.

We welcome the opportunity to contribute to the European Commissions consultation on the CBAM for electricity. Our response highlights key concerns associated with the planned implementation of implicit market coupling in the Energy Community as well as the expected impact of CBAM on power prices, market efficiency and long-term regulatory certainty.

Europex welcomes the opportunity to respond to the Commission's call for evidence to set a renewable Energy Framework for the decade ahead. We are firmly committed to sustainability and fully supports the continued development of the energy sector. To this end we have provided our views on different policy elements, please find them in the attached document.

Feedback from Europex, the Association of European Energy Exchanges. The progressive evolution of the gas legislative framework is a necessary prerequisite to ensure gas markets are ready to integrate and foster the use of renewable and low-carbon gases while maintaining a high-level of security of supply and guaranteeing an efficient price formation.

Europex welcomes the opportunity to respond to the Commissions call for evidence regarding the revision of the EU Energy Security Framework. The upcoming proposal provides a valuable opportunity to strengthen the Unions resilience to future shocks while upholding the principles of the Internal Energy Market. Security of supply can only be achieved through efficient, transparent and well-functioning markets.

Europex supports reforms aimed at reinforcing the effectiveness, governance and strategic role of ESMA, while we believe it is crucial to ensure that the supervisory and regulatory framework remains proportionate, efficient and avoids duplication, and upholds the principle of subsidiarity. Within this context, we support the proposed reforms to ESMAs governance and mandate.

Thank you for the opportunity to provide feedback on the draft Commission Implementing Regulation on data reporting implementing Article 7c(2), Article 8(1a), Article 8(2) and Article 8(6) of Regulation (EU) No 1227/2011 of the European Parliament and of the Council on wholes ale energy market integrity and transparency and repealing Commission Implementing Regulation (EU) No 1348/2014 and its Annex.

Europex, the Association of European Energy Exchanges, supports the Commission’s overall objective to ensure a fair taxation of the digital economy in line with the wider G20 and OECD discussions and welcomes the opportunity to comment on the scope of the initiative.