Position Paper on the key aspects of the reform of EU’s electricity market design

The EU’s ongoing reform of the Energy Market Design is a direct response to challenges experienced in the energy market in 2022. The European Commission has proposed a revision of electricity market rules with the goal of bolstering market resilience, reducing dependency on short-term prices, and promoting long-term contracts like power purchase agreements. The proposal is currently undergoing deliberation by the Council and the European Parliament. As European Enterprise Alliance, in partnership with the Union of Entrepreneurs and Employers (ZPP), present our insights into the reform of Electricity Market Design (EMD) regulation.