In March 2023, the European Commission proposed a further update to its electricity market rules, aiming to expand the use of fixed-price power contracts to shield consumers from severe price spikes.
The idea is by encouraging more power purchase agreements and directing greater investment towards renewable energy sources, trading conditions will stabilise.
This signals a new direction of travel for how power is distributed and used. Read this whitepaper to explore how this looks in practice with a volatile market and what impact this could have on other important initiatives, such as net zero.