Transparency of market information is essential for the implementation of the Internal Electricity Market (IEM) and for the creation of efficient, liquid and competitive wholesale markets. It is also crucial for creating a level playing field between market participants and avoiding the abuse of market power.
Transparency in electricity market information has improved significantly over the past few years, partly thanks to ENTSO-E’s Transparency Platform, operational since 2007. Many data items of great interest to electricity traders are published daily on the platform.
The Commission Regulation (EU) No 543/2013 of 14 June 2013 on submission and publication of data in electricity markets mandates a minimum common level of data transparency; publication of data on a non-discriminatory basis across Europe; and development of a central information platform, managed by ENTSO-E, to provide all market participants with a coherent and consistent view of the market.
Within this new regulation, ENTSO-E is responsible for establishing a central information transparency platform and for leading the work required to define the data to be published on it. Substantial developments are required to enable delivery of reliable information from the larger volume of data and ENTSO-E is engaged in consultation with stakeholders before the delivery of the platform at the end of 2014.This work is coordinated via ENTSO-E’s Market Information & Transparency Working Group.
For more information on the project, visit the Developing ENTSO-E's Transparency Platform page.