Supporting More Transparent, Integrated Markets
Over the last few years, liberalization has made markets more liquid, prices more transparent, and risks more quantifiable, all of which benefits the European economy and the European consumer.
As one of Europe's leading energy traders, we believe that well-functioning markets will play an important role in delivering secure energy supplies at fair prices, while helping to encourage much needed investment in tomorrow's climate-friendly power and gas infrastructure. We therefore feel it is vital to support increased market integrity and greater transparency to ensure that governments, regulators, industry and consumers have more trust in the market and have more confidence in the market’s ability to help meet the significant energy challenges that we now face.
Ensuring competitive, well-functioning markets
There are a number of steps that can be taken to ensure that markets function well, encouraging the optimal and most efficient use of power plants and providing secure supplies of energy for end customers.
Any new market integrity and transparency regime should be tailor-made to ensure that the specific dynamics of the electricity, gas and emissions markets are taken into account. E.ON supports fundamental data transparency (generation and production, planned and unplanned outages and flows), and trade transparency. This is vital to helping establish a competitive, level playing field in the wholesale energy markets. We are actively supporting these initiatives, either directly via consultation, or indirectly via trade bodies like the European Federation of Energy Traders (EFET).
Any new tailor made transparency regime should also make use of existing infrastructure. For example, E.ON is one of the initiators of a German transparency regime for fundamental data, which publishes power plant data in for plants >20 MW.
As one of Europe's leading energy traders, we believe that well-functioning markets will play an important role in delivering secure energy supplies at fair prices, while helping to encourage much needed investment in tomorrow's climate-friendly power and gas infrastructure. We therefore feel it is vital to support increased market integrity and greater transparency to ensure that governments, regulators, industry and consumers have more trust in the market and have more confidence in the market’s ability to help meet the significant energy challenges that we now face.
Ensuring competitive, well-functioning markets
There are a number of steps that can be taken to ensure that markets function well, encouraging the optimal and most efficient use of power plants and providing secure supplies of energy for end customers.
Any new market integrity and transparency regime should be tailor-made to ensure that the specific dynamics of the electricity, gas and emissions markets are taken into account. E.ON supports fundamental data transparency (generation and production, planned and unplanned outages and flows), and trade transparency. This is vital to helping establish a competitive, level playing field in the wholesale energy markets. We are actively supporting these initiatives, either directly via consultation, or indirectly via trade bodies like the European Federation of Energy Traders (EFET).
Any new tailor made transparency regime should also make use of existing infrastructure. For example, E.ON is one of the initiators of a German transparency regime for fundamental data, which publishes power plant data in for plants >20 MW.
