Powernext has launched an Energy Saving Certificate organised market on 10th January 2012. This initiative allows the obligated actors (“obligés”) to comply with their regulatory requirements and the other actors to valorize their energy efficiency actions in optimal conditions. A price reference, calculated in a transparent manner from trades made on the market, is published after each trading session.
The continuous trading process is organised in bi-monthly sessions of 3 hours each (2-5PM CET), thus facilitating meeting points between supply and demand in order to structure the trading of CEEs.
Five participants were present during the first session: Altergaz, B-ABA, CertiNergy, Poweo and SIPLEC. Other companies have started their membership process.
1000 MWh Cumac were traded during the very first session and the first published price reference is 4.45 €/MWh Cumac. The CEE measurement unit is the amount in MWh CUMAC (MWh of final energy, cumulated and present-worthed over the life of the product).
After the deal, Powernext secures and guarantees the payment and transfer of certificates to Emmy, the National Register of White Certificates .