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Energy
  • News announcement
  • 11 April 2024
  • Directorate-General for Energy
  • 1 min read

Commission launches survey on the prospective development of the EU’s joint purchasing mechanism

A collage shows four photographs in circles. From left to right they show: A worker at a gas pipeline, an oil rig, an lng terminal by the sea and a large commercial gas cylinder with the word hydrogen on it
Left to right: © AdobeStock, iStockphoto/ewg3D/IgorSPb/jroballo

The European Commission is, today, launching a market survey to gauge the interest of EU market players in the development of long-term gas products, decarbonisation and the reduction of methane emissions under the permanent mechanism for demand aggregation and joint purchasing.

It comes as part of the Commission’s commitment to security of supply and competitiveness of energy procurement under the EU Energy Platform.

The survey will help to better inform the understanding of market and contracting dynamics in the gas market and, in turn, help to define the features of a long-term demand aggregation and joint purchasing mechanism in line with the needs of market players.

The market survey particularly invites opinions and insight of market participants on

  • long-term gas products as part of the demand aggregation and joint purchasing mechanism
  • cooperation arrangements for joint purchasing of gas
  • new features to identify and to help reduce the carbon content associated with energy contracts and the design features required to successfully reduce methane emissions, including through the concept of 'You-Collect-We-Buy' on the platform

The survey will remain open until 10 May 2024. 

Questions regarding the market survey can be addressed by email to EU-ENERGY-PLATFORMatec [dot] europa [dot] eu (EU-ENERGY-PLATFORM[at]ec[dot]europa[dot]eu).

Upon completion of the survey, the Commission will assess the results and publish a summary of assessment on the website of DG ENERGY. This input will directly feed into the discussion on the permanent joint purchasing mechanism foreseen in the text of the provisional agreement on the proposal for a Regulation on the internal markets for renewable gas and natural gas and for hydrogen and in compliance with EU competition rules.

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Details

Publication date
11 April 2024
Author
Directorate-General for Energy