Central Europe sits atop some of the biggest pieces of energy infrastructure of the entire continent. At the same time it struggles to adapt to the effects of power and gas deregulation and liberalization. To get ahead in energy trading it tries to copy paste what is being done in North Western Europe – the region that has raced ahead.
But Central Europe is different. Its players are entrenched and still largely unreformed. Its markets look liberalized to the outsider but still present considerable hurdles to the newcomer. And the players active there still cannot play with a mixed set of cards.
But its all coming and a couple of years down the line, this region is going to be one of the most vibrant on the continent. This is largely due to the enormous size of the market and the transfer volumes from all sides. Expect lots of sophistication.
Now is the time to throw our hat in.