A session titled, "EAEU Common Electric Power Market: a Look into the Future", will take place on June 26, 2025. Participants are expected to address key issues that need to be tackled as part of the transformation of the energy sectors in EAEU countries. The discussion will take into account the approved rules governing the Union's common electricity market. The session will also address the readiness of infrastructure organizations to carry out the preliminary steps required for starting market operations. Additionally, participants will examine the specific features of developing the domestic (wholesale) electricity markets in the Union member states.
Issues to be discussed:
- Risks associated with building new generation capacity in the EAEU common electricity market;
- Formation and development of domestic wholesale electricity markets;
- Competition between renewables and conventional generation in a common electricity market;
- Trading in green certificates as a potential tool to support the development of the common electricity market;
- Outlook and strategic priorities for developing the real sector and business community of EAEU member states in the context of the Union's common electricity market;
- Transformation of the energy sectors in EAEU countries in the context of the common electricity market's operation.
Against the backdrop of rising global energy prices, the decision by the Eurasian Five to establish a common electricity market is a rational step toward achieving balanced electricity prices and tariffs, and promoting growth in the national economies of EAEU member states. In 2023–2024, significant progress was made in preparing a regulatory framework for the common electricity market: rules were adopted for trading, determining and allocating the capacity of interstate transmission lines, access to interstate transmission services, and information exchange.
Work is currently underway to develop the EAEU Common Electric Power Market Accession Agreement and associated regulations. At this stage, infrastructure organizations must be prepared to take the necessary steps for the market's full operation. This will ensure equal access to cross-border electricity trade, expand the volume and methods of mutual trade, help smooth out peak loads in the power systems of EAEU member countries, increase the utilization of interstate transmission lines, and make it possible to avoid excessive construction of new generation capacity.
Speakers at the roundtable (2:45–4:15 PM, Hall 6, Level 1) will include the heads of authorized bodies in the energy sector, and representatives of industry and exchange organizations from the countries of the Eurasian Five. The event will be attended by the leaders and staff of more than fifty elecrtic power industry organizations.
