Market Committee

The progressive harmonisation of electricity market rules is at the heart of promoting an effectively competitive internal market, delivering benefits to electricity customers and opportunities to generators and energy traders. ENTSO-E’s market team supports TSO members in all areas relating to the development and harmonisation of market rules.

The objective of the Market Committee chaired by Pascale Fonck of Elia (BE), and associated Working Groups and Regional Groups is to ensure that the objectives of the 3rd Internal Energy Market package are realised and to facilitate the development of a well-functioning European electricity market.

This is achieved by contributing to market design and developing market-related network codes in cooperation with ENTSO-E’s 41 members, and in close consultation with stakeholders.

Given the considerable range of actions needed to create a harmonised market, the Secretariat’s Market team has a broad remit. Key areas of work include:

• Market Integration and Congestion Management
• Enhancing Regional Cooperation
• Balancing and Ancillary Services Markets
• Integration of Renewable Energy Sources (RES)
• Market-Related Network Codes on:
  - Capacity Allocation and Congestion Management
  - Forward Capacity Allocation
  - Electricity Balancing
• European Transmission Tariffs
• Inter TSO Compensation
• Transparency Platform for European Electricity Market Information
• Electronic Data Interchange (EDI)