EEX and EPEX SPOT have actively contributed to the debates on the reform of ARENH during recent years and have regularly drawn attention to the negative impact of the current mechanism on the functioning of markets and the relevance of the French and European price signal. The replacement of ARENH with a market-based mechanism is an evolution necessary which should take place as soon as possible. The new proposal would bring a significant and welcome improvement towards market principles.
In their consultation response, EEX and EPEX SPOT set out design principles for the reform of the ARENH mechanism.