In the wake of the energy crisis and the demands of the energy transition, the EU has enacted a series of regulations, and considering more, in the European energy markets. These will bring changes to how power, carbon and gas markets operate and some proposals under consideration could have profound effects.
What are these changes? What is the impact on how markets operate and the opportunity for participants? And are we entering a period of re-regulation and intervention after the steady march of liberalization over the past 25 years?
Speaking to our host Paul Chapman on this episode is Bart Verest, the Lead Partner at E&C Consultants, an international consultancy focused on energy procurement and markets with their headquarters in Belgium. Bart is an expert in energy markets and energy contracts.
Key Talent Takeaways
Sector-Specific Expertise is Critical
Energy and commodities markets are undergoing significant legislative changes, such as the EU energy policies, electricity market redesign, and carbon pricing mechanisms. Companies need professionals with deep expertise in energy policy, regulatory compliance, and market design to navigate these complexities effectively.
Adaptability to Rapid Regulatory Changes
The pace of change in EU energy markets has accelerated, driven by crises and renewable energy targets. Companies need teams skilled in scenario planning, strategic foresight, and risk management to anticipate and adapt to evolving regulations.
Collaboration with Industry Organisations
Engagement with organisations like the European Federation of Energy Traders (EFET) or sector-specific bodies (e.g., aluminium or steel industries) is essential. Professionals who can build relationships and collaborate with these organisations will help companies stay informed and advocate for favourable outcomes.
Proactive Engagement in Policy Development
Participating in consultations and legislative processes is critical for businesses to shape regulations. This requires talent with strong governmental relations skills, policy knowledge, and experience in lobbying or navigating legislative frameworks.
Demand for Specialised Roles in Emerging Markets
The shift towards renewable energy, carbon markets, and mechanisms like Power Purchase Agreements and Contracts for Differences creates demand for new skill sets. Roles in renewable gas markets, carbon trading.
HC Group is a global search firm dedicated to the energy and commodities markets.
Learn more about our Power and Environmental Products practice
Explore the full HC Commodities Podcast archive