Stichting European Federation of Energy Traders (We operate under the name Energy Traders Europe)
Budget
€1 — €250
EP Access
8
accredited persons
Staff
18
6.65 FTE
EU Grants
None
Mission & Goals
Energy Traders Europe exists to promote competition and transparency in the European energy sector. We represent the interests of over 170 companies, from across Europe, which trade gas, electricity, carbon and renewable energy certificates. Our goal is to create larger, better working markets which lead to positive outcomes for customers. We do this by developing contracts and IT standards which make the sector more efficient and by partnering with policy makers to help shape future rules. We do this by: - Improving the design of European gas, electricity and associated markets for the benefit of the overall economy, society and especially end consumers. - Developing and maintaining standard wholesale supply contracts and standardising related transaction and business processes. - Facilitating debate amongst TSOs, regulators, policy makers, traders and others in the value chain about the future of the European energy market.
EU Legislative Interests
Energy Traders Europe promotes and facilitates European energy trading in open, transparent, sustainable and liquid wholesale markets. Our principle activities are focussed on proposals which impact on the trade of electricity, gas and carbon. We also have interests in hydrogen and the development of the trading of renewable certificates. This includes: - The EU Emissions Trading System. - The design of electricity and gas markets at national and european level - with a focus on creating a single, competitive market. - Financial Regulation - Including REMIT, MIFID, MAR, EMIR. - The development of markets to trade certificates. Our current focus is on all aspects of the recently concluded Electricity Market Design Proposal, the update of the Regulation on Market Integrity and Transparency, the hydrogen and gas markets decarbonisation package and various measures aimed at enhancing security of supply. More information is available via our website www.energytraderseurope.org
Communication Activities
Energy Traders Europe is focussed on making the case for markets as the best means of delivering least cost-decarbonisation, security of supply and affordability for customers. All our activities stem from this goal. They can broadly be split into 3 categories: - Monitoring and influencing national energy policies. - Engaging with European energy and carbon policy measures. - Maintaining and improving a suite of industry standards which allow energy to be traded in a more efficient manner. Material is available via our website (see for example the Insight series, explaining aspects of energy markets). We are also members of ENZA (The European Net Zero Alliance).
Interests Represented
Promotes their own interests or the collective interests of their members
Member Of
We are a member of the European Net Zero Alliance (https://netzeroalliance.eu/) We are members of the informal Joint Energy Associations Group (JEAG)
Organisation Members
Details of all our members are available via our website at the following link https://efet.org/home/companies We represent circa 170 companies active across Europe (from the EU27 and beyond).
Additional Information
Energy Traders Europe represents the collective interests of our circa 170 member companies. We raise revenue by charging membership fees. These fees are used to cover the costs of our activities. These activities fall into 3 broad categories: - Developing and maintaining standards (the EFET Master Agreement is the basis on which much physical trading of gas and power takes place in Europe). - Monitoring and engaging with national energy and carbon policy in various parts of Europe. We are active across national energy markets - so much activity is focussed on national capitals. - Engaging with European measures and working with policy makers, grid companies and Transmission System Operators. For more information please see our website.
Commissioner Meetings
No recorded meetings with EU commissioners.