ENTSO-EENTSO-E responded on 13 February 2023 to the European Commission Public Consultation on Electricity Market Design. In this context, ENTSO-E highlights its main priorities for a future-proof market design to facilitate a carbon neutral European power system:
• Investments in renewable and low-carbon generation, as well as in flexibility resources must accelerate via stronger long term price signals
• Undistorted short term price signals, market integration and liquidity are essential to ensure an efficient dispatch of generation and flexibility resources
• Market design needs to properly reflect grid constraints and operational challenges to ensure system resilience and efficient use of infrastructure
• Regulation and market design should evolve in line with the different consumers’ needs, increasing affordability and engagement opportunities