EPEX SPOT contribution to the consultation on industrial electricity prices in France
As an electricity market operator, we would like to share with you our experience and knowledge of how electricity markets operate, how electricity prices are formed and the impact of price signals in the context of electricity market reform. Electricity markets are extremely complex, and regulatory intervention in the market can have undesirable effects.
In our position paper, we therefore address the possible negative effects of an electricity price for industry on the smooth operation market, on French consumers and on the success of the energy transition. Moreover, we present alternative solutions, such as market-ready renewables and PPAs (Power Purchase Agreements), and the CO2 price compensation as a short-term alternative, which, in our view, must be taken into account in the discussion on adequate support for French industry.
For more information, please visit www.epexspot.com.