Does Europe’s Power Market Design Still Work? | Time2Talk #204: Nico Schoutteet & Paul Pontenagel

15/07/2025 36 min Temporada 2 Episodio 4
Does Europe’s Power Market Design Still Work? | Time2Talk #204: Nico Schoutteet & Paul Pontenagel

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Episode Synopsis

Welcome to this episode of Time2Talk, where we talk about interesting developments in the energy industry. In today's episode, join Paul Pontenagel from Time2Market and Nico Schoutteet from the CREG, as they discuss:  👉  Are 15-minute day-ahead blocks the fix renewables have been waiting for? 👉  How big is the welfare loss from explicit UK-EU trading post-Brexit? 👉  Can speculative traders actually improve market efficiency? 👉  Are organized electricity markets still the cheapest path to net zero? 👉  What happens when three power exchanges operate in one country? If you would like to be the next guest on Time2Talk, please do not hesitate to contact Time2Market. If you have an interesting guest in mind, leave their name in the comments, and we will get in touch.  Do you want early access to watch all Time2Market episodes one week before they are published? Subscribe to Time2Market’s monthly newsletter here 👉 https://sy4ic.share.hsforms.com/2GEq1...𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐜𝐨𝐧𝐭𝐞𝐧𝐭𝐬: 00:00 - Introduction  01:51 - What is CREG?   04:40 – Nico Schoutteet’s Role: Market Integration, Monitoring & Policy   05:32 - Bridging complexity and consumer protection   10:16 - Welfare optimization across the EU 12:40 - Exporters, Interconnectors, and Short-Term Optics   14:35 - Implicit vs Explicit cross-border flows 17:04 - Welfare losses post-Brexit  18:42 - Cooperation with Elia: When TSOs and NRAs align   20:28 - Working with Power Exchanges and Competing NEMOs   22:16 - Balancing markets and the role of speculators   24:19 - Passive vs Reactive balancing   25:00 – The transition to 15-minute MTU in the Day-Ahead market 27:28 – Needs of renewable generators 29:16 - Will intraday markets stay relevant post-granulariLegal disclaimer: This podcast is intended for informational purposes only and should not be considered business or legal advice. Time2Market does not guarantee the completeness, accuracy, and actuality of the information provided. The energy industry is extremely dynamic and conditions and requirements change frequently. As a result, information discussed on this page is subject to change without notice. Time2Market's website: www.time2market.net Time2Market's LinkedIn: www.linkedin.com/company/time2market-market-management-servicesSubscribe to Time2Market's newsletter for early access and exclusive content: https://sy4ic.share.hsforms.com/2GEq1A1elRH2eMpxHuPS4Rg

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