Market design in a world of energy transformation

We are pleased to launch the new Power & Utilities roundtable discussion paper Market Design in a World of Energy Transformation.

Senior executives and experts from 12 countries and four continents gathered in for a PwC roundtable on market design in a world of energy transformation in Brussels, Belgium. The event brought together leading players with substantial experience from both the regulatory and corporate spheres to discuss how market design can best evolve to meet the challenges of new energy systems.

Power market design varies considerably in different jurisdictions around the world but everywhere market design faces common challenges. In a changing energy world, power systems are becoming more decentralised and, with that, comes volatility. The need to balance energy resilience with flexibility is adding a new tension to the central trilemma of reliability, affordability and sustainability. The contrast between the similarity of the challenges and the difference in market design approaches offers a great opportunity. What was evident from the roundtable discussion is that there should be no need to invent market design solutions from scratch. Different parts of the world have followed different evolutionary paths and have adopted different policy frameworks. There are things that are done well and things that are done badly everywhere and we can learn from them.

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Published by

Marc Schmidli

Marc Schmidli

Marc Schmidli
PwC
Birchstrasse 160
Postfach, 8050 Zürich
+41 58 792 15 64

Marc Schmidli leads as Partner the Energy, Utility & Mining, the Sustainability as well as the valuation services team of PwC Switzerland. He has been working since July 2000 for PwC. He has a doctoral degree from the University of St. Gallen (Dr. oec. HSG). Furthermore, Marc is CFA charterholder since 2003.

Marc’s experiences within Advisory include Merger & Acquisitions, financing and valuations, strategy and organization consulting in the context of the energy market liberalization as well as sustainability assurance & consulting.