Stephen Woodhouse

Stephen Woodhouse, Director Afry Management Consulting, and Phil Hewitt, Director, Montel EnAppSys, discuss the pros and cons of locational prices in the UK electricity market, including the benefits and challenges of transitioning to a zonal market. They explore the implications of a centralized dispatch system, the comparison to European intraday markets, and the ongoing debate between nodal and zonal pricing. They also address the potential impact on existing contracts with a Contract for Difference (CFD).

Stephen Woodhouse, Director at Afry Management Consulting and an expert on market design, dives into the complexities of the European energy market. He discusses the European Commission's proposed reforms aimed at balancing affordability and supply security. The impact of renewable energy, the shift towards Contracts for Difference (CFDs), and the evolving role of national governments are examined. Woodhouse highlights the need for innovative strategies to enhance market efficiency amid the current energy crisis.