Targeted consultation: Revision of the electricity guideline on forward capacity allocation

The target audiences are public authorities (Member States and EEA countries, regional and local authorities), National Regulatory Authorities (NRAs), the European Securities and Markets Authority (ESMA), Nominated Electricity Market Operators (NEMOs), power exchanges, Transmission System Operators (TSOs), electricity market participants, consumer groups, business associations, and environmental NGOs.

The recent revision of the electricity market, leading to the adoption of the Electricity Regulation (EU) 2024/1747 and in particular, Article 9, requires the Commission to conduct an Impact Assessment of measures to improve the ability of market participants to hedge price risks in the internal forward market for electricity, within 18 months after the Entry into Force of the revised Electricity Regulation. This impact assessment should result in amending Commission Regulation (EU) 2016/1719 of 26 September 2016 establishing a guideline on forward capacity allocation (FCA Guideline).

The aim of the consultation is to seek stakeholders’ views on how to improve the current functioning of the electricity forward markets. The objective is therefore to gather factual information, knowledge and perception about current issues in the forward markets and  potential ways to improve the current functioning of the electricity forward markets. 

Reference documents

• Electricity Regulation (EU) 2024/1747
• Forward capacity Allocation guideline: Commission Regulation (EU) 2016/1719 of 26 September 2016 establishing a guideline on forward capacity allocation
• ACER paper on forward market
• Joint Allocation Office website
• ACER market monitoring report
• Pilot project from Svenska Kraftnat 
• Commission study on forward liquidity
• Call for evidence: Electricity guideline on forward capacity allocation (revision)

Responding to the questionnaire

You can contribute to this consultation by filling in the online questionnaire. If you are unable to use the online questionnaire, please contact us using the email address: ENER-C3-FCAec [dot] europa [dot] eu (ENER-C3-FCA[at]ec[dot]europa[dot]eu) 

The questionnaire is only available in English. However, you can submit your responses in any official EU language. 

Please provide feedback only to the questions that are relevant for you; questions can be left blank.

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Personal data and privacy statement

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Contact

ENER-C3-FCAec [dot] europa [dot] eu (ENER-C3-FCA[at]ec[dot]europa[dot]eu)