Position Statement by European Energy Exchange AG on the Price Adjustment Options under Section 24 of the Energy Security Act

    Exchange deals are not subject to §24 EnSiG

    Deals concluded on the markets of EEX are not subject to right to pass on price increases in times of an emergency phase as proposed in §24 of the amended German Energy Security Act (Energiesicherungsgesetz, EnSiG). The main reasons for that are the publicly recognized  legal status of exchange prices and the anonymous settlement through ECC.

     

    For more information go to the document attached.