Energy & CommoditiesEurope’s electricity market reforms aim to stabilise spot and forward pricing markets
Europe’s energy markets are undergoing a seismic shift linked to the increased volatility of prices due to the energy transition and rising geopolitical tensions.
The Russian invasion of Ukraine caused a structural shock to European energy prices and security by threatening gas supplies, adding urgency to the continent’s ambitions to electrify and shift to renewables. But energy from wind, solar and wave power creates an entirely different trading environment for energy prices and futures hedges.