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EEX opens Office in Brussels

Energy Commissioner Günther Oettinger welcomes EEX to Brussels / Political presence at the European level expanded

(PresseBox) (Brussels/Leipzig, ) Yesterday, the European Energy Exchange (EEX) officially opened its political representation in Brussels with a New Year reception. This presence in the heart of the European Quarter is intended, in particular, to expand contacts with the European institutions and intensify the exchange of opinions. Thus, the Brussels offices takes account of the high significance which political decisions of the EU have for the further integration of the European energy markets.

"Energy trading has a central role on the way towards completion of the European internal energy market. The European energy exchanges and trading platforms have to make an important contribution in the current debate at the level of the EU. For this reason, I welcome EEX's decision to establish a representative office in Brussels and thereby strengthen the market and trading perspective", Commissioner Oettinger welcomed EEX.

"With our Brussels office we are now available as a point of contact for the energy policy dialogue on site. As a result, we will provide our expertise in questions regarding the further development of the energy markets in the future, whether it concerns the gas market, the further market integration of renewable energies or strengthening of the security and integrity of the markets - e.g. in the framework of REMIT and the revision of MiFID. Moreover, we have special responsibility in this respect - not least on account of our position as an institution under public law", explained Peter Reitz, CEO of EEX, listing the reasons for establishing the office in Brussels.

"We also put special emphasis on the further development of EU emissions trading. At the moment, the tendering procedures for the auction platforms for EU emission allowances for the third commitment period are in progress. In this respect, being a reliable partner for the political sector and the EU member states is important to us in order to ensure the further development of the emissions market in close cooperation with the authorities", emphasised Peter Reitz.

Daniel Wragge, Head of Political Communications, is also in charge of the new Brussels office.

About European Energy Exchange AG

The European Energy Exchange (EEX) is the leading European energy exchange. It develops, operates and connects secure, liquid and transparent markets for energy and related products on which power, natural gas, CO2 emission allowances and coal are traded. Clearing and settlement of all trading transactions are provided by the clearing house European Commodity Clearing AG (ECC).

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