UK power market risks losing more liquidity unless structural change introduced

The UK power market risks becoming even more of a closed shop unless initiatives to introduce structural change are successful, according to some market experts. Gillian Carr reports

The UK power market, which has for several years lagged behind the large European markets in terms of traded volumes and churn, has seen a significant drop in churn and contraction in products traded in recent months, leading to concerns that new players are even less able to enter and that the market is stagnating.