European energy market is changing

The changes of the last few years in the European utilities market have tre mendous impact on the companies in this industry sector. The competitive pr essure will increase further as liberalisation has reached in average just about 65 % of the European power market. The national markets in France, It aly, Spain, Swiss and Austria as well as in other European countries are st ill not fully liberalised. This article explains the drivers for competitio n and their impact on the structure of power trading, transmission/distribu tion and generation.