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
9 January 2026
OPEC+ remains on track as output falls, with only Gabon failing to hit its output targets in December, although Kazakhstan’s compliance was involuntary
9 January 2026
The Latin American producer’s crude prospects rely on a multi-pronged approach where even the relatively easy wins will take considerable time, effort and cost
9 January 2026
While many forecasters are reasserting the importance of oil and gas, petrostates should be under no illusion things are changing, and faster than they might think
8 January 2026
Indonesia and Malaysia are at the dawn of breathtaking digital capabilities. Their energy infrastructure must keep up with their ambitions
