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Efficient forward electricity markets in Europe

Dec 31, 2014

Forward electricity protects against short-term price uncertainties, improving stability. The Agency for the Cooperation of Energy Regulators (ACER) must facilitate contestable energy markets and need to understand cross-border forward products and the platforms on which they are traded. ECA is analysing: risk hedging tools used, whether they provide liquidity and are efficient, how the Agency can test and report on their operation, and that of Forward Capacity Allocation mechanisms in particular.