The recent energy crisis triggered by the conflict in the Middle East has revived the longstanding debate on the relationship between gas prices and electricity prices, as well as whether the current market pricing mechanism based on marginal bids within the merit-order system remains the most appropriate approach.This conference will examine the issue from two complementary perspectives. First, recent research exploring alternative approaches to electricity price formation will be presented. Second, the discussion will broaden to consider the redistributive and contractual mechanisms that can be incorporated within the current market framework to address emerging challenges.

Program:
16.00: Welcome and introduction
Pierre-Laurent Lucile, Engie and AEE

16.10 – 16.40: Keynote presentation: Marginal pricing and the energy crisis: Where should we go?
Andreas Ehrenmann, Engie

16.40 – 17.00: Discussion
Fabien Roques, University Paris Dauphine and Compass Lexecon

17.00 – 17.30: Q&A
Moderated by Pierre-Laurent Lucile