European power trading innovation: Regulatory change transforms the landscape
The rise of intermittent generation is not the only agent of change in electricity markets. Rule changes can also have a significant impact
“When the single system price arrived, we were in the right place at the right time.” So says Phil Hewitt, director of software firm EnAppSys, of a game-changer in European power markets. Interestingly, though, this shift in dynamics was not driven by the explosion in wind and solar generation, albeit that was a contributory factor and continues to assist growth in liquidity and participation. Instead, it was a tweak to the market structure that helped turn a previously sleepy backwater of the traded market into the hottest venue in town. Phil Hewitt, director of EnAppSys How has increased renewables penetration changed the Great Britai
Also in this section
16 April 2026
Demand for oil is falling because supply cannot meet it, not because it is no longer required
16 April 2026
The continent has an immediate opportunity to make the most of its energy resources by capturing gas that is currently slipping away
15 April 2026
The continent is seeing political pushback to climate plans, corporate reassessment of transition goals and rising supply risk in a fractured global order
15 April 2026
The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way
