EEX and EPEX SPOT welcome the Power Market Act: political sector relies on Market and Competition

The European Energy Exchange (EEX) and the European Power Exchange EPEX SPOT have today discussed the Power Market Bill with a panel of business and political experts as part of the ‘E-world energy & water’ industry trade fair, currently taking place in Essen.
In its bill, the federal government advocates for better optimisation and further development of a “Power Market 2.0”. In addition to this, a reference price established on the market –primarily on exchanges – should continue to form the centre of the power market. The bill includes the commitment to free market pricing and a self-imposed restriction against political interventions in the event of very high prices. …