Energy /

European Power markets are going through a swift transition from mostly fossil-based baseload generation capacities, concentrated market power and top-down planning of generation, transmission and distribution capacities towards renewable, decentralized “prosumer” markets. While part of this journey was triggered by the necessity of decarbonization and the subsequent need to activate more flexibility across the entire system, we believe that the ability to act based on current system needs has greatly increased due to technological advancements in digitalization, electrification and real-time communication.