What Regulation (EU) 2019/943 on the internal market for electricity - Article 9: Forward markets requires
This article requires transmission system operators to provide long-term transmission rights or equivalent measures for price risk hedging across bidding zones, and ensures market operators are free to develop forward hedging products without undue national restrictions.
Pillar: Industrial IoT & Energy · Authority: European Parliament and Council of the European Union · Version: 1.0.0 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32019R0943
SHA-256 integrity: 18e0edacfa00a4ee94dca7e7600e25d0a412c54154ae0bb7d124768c68c57e1a
Primary Citations — 5 traced to source
- Article 9, paragraph 1: In accordance with Regulation (EU) 2016/1719, transmission system operators shall issue long-term transmission rights or have equivalent measures in place to allow for market participants, including owners of power-generating facilities using renewable energy sources, to hedge price risks across bidding zone borders...
- Article 9, paragraph 1: ...unless an assessment of the forward market on the bidding zone borders performed by the competent regulatory authorities shows that there are sufficient hedging opportunities in the concerned bidding zones.
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