Abstract:
The newly emerging energy game and changing trends in
Europe going to influence the energy map of the world. The volatility
of power & gas market has opened new opportunities for midstream
companies in one way while the low oil & commodity prices has put
same companies in situation to renegotiate their long term oil-gas
contracts with supplier. The entry of new technologies and
advancement in renewable sector has shifted whole portfolio mix for
many power generation companies.
The current paper shall elaborate changing government policies and
various factors affecting the energy business in Europe and hedging
strategy of major energy-utility companies (mainly utility & midstream
sector). Based on secondary research, interviews and discussions with
the key personalities of energy sector, the paper also studies the
dynamics from the perspective of the world energy market. The study
shall be helpful to understand developed and mature energy market
and provide good learning base for emerging economies like India