Jason Deign Markets - 25/April/2023

A question of market control

Grids need to accommodate a host of new and variable low-carbon assets, but who should manage how they operate and what they get paid remains a thought exercise despite the changes already happening

Electricity markets in Europe and elsewhere are in dire need of overhaul although there is little clarity on what to aim for

MARKET HAVOC High costs and erratic government intervention highlighted the need for European electricity market reform in 2022

MANY MODELS Europe is not alone in seeking market reform—regulators around the world are pondering new models, with little consensus

KEY QUOTE The EU approach is interesting—and it will be interesting to see how well it works in practice ...

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