Scope & Application

Scope & Application

The Charter defines professional standards for individuals active in the EU wholesale energy markets. It establishes a framework that promotes competence, integrity and responsible market participation.

By setting shared expectations for professional behaviour and knowledge, the Charter supports transparent and well-functioning markets.

Markets covered by the Charter

The Charter applies to professionals operating in EU wholesale energy markets, including activities related to:

  • electricity markets
  • natural gas markets
  • LNG markets
  • green gas and biogas markets
  • hydrogen markets

The Charter focuses on wholesale market activity, including the trading and facilitation of energy commodities and related contracts.

Professionals within scope

The Charter applies to individuals whose work directly involves the functioning of wholesale energy markets.

This may include professionals working in roles such as:

  • trading and brokerage
  • portfolio management
  • market analysis
  • risk management
  • compliance and surveillance
  • operational and commercial support for trading activities

The Charter recognises that wholesale energy markets depend on a wide range of professionals who contribute to responsible market functioning.

Organisations participating in the Charter

Professionals typically participate in the Charter through Member Organisations, which may include:

  • energy trading companies
  • utilities and market participants
  • brokerage firms
  • exchanges and market operators
  • service providers supporting trading activities

These organisations support the professional standards defined by the Charter and encourage their employees to register as Chartered Professionals.

Geographic scope

The Charter is designed for the European Union wholesale energy markets. It reflects the regulatory framework that governs these markets, including rules related to market integrity and transparency.

While the Charter may be recognised internationally, its primary focus is the professional environment within EU energy markets.

Application of the Charter

Professionals who register under the Charter agree to:

  • follow the Charter’s Code of Conduct
  • maintain professional competence through Continuous Professional Development (CPD)
  • act responsibly in wholesale energy markets

Through these commitments, the Charter aims to strengthen trust and professionalism across the industry.

Frequently Asked Questions

Which markets are covered by the Charter?
The Charter applies to professionals active in EU wholesale energy markets, including electricity, natural gas, LNG, green gas, biogas and hydrogen markets. It focuses on activities related to the trading and facilitation of wholesale energy products and the professionals who support these markets.
Does the Charter apply only to traders?
No. The Charter applies to a broader group of professionals involved in the functioning of wholesale energy markets. This includes traders and brokers, but also professionals working in areas such as portfolio management, risk management, market analysis, compliance and market surveillance.
Is the Charter limited to the European Union?
Yes. The Charter is primarily designed for professionals operating in EU wholesale energy markets and reflects the regulatory framework that governs these markets. While professionals may work for international organisations, the Charter focuses on activities that fall within the EU market environment.
How does the Charter apply within organisations?
Professionals typically participate in the Charter through their Member Organisation, usually their employer. Organisations support the Charter by encouraging professional registration, promoting adherence to the Code of Conduct and supporting ongoing professional development for their employees.
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