Many market participants expressed relief that the European Commission did not meddle with the marginal price-setting mechanism in its proposals for energy market reform. But plans to protect customers from volatile and soaring prices through encouraging long-term contracts and a capacity mechanism will impact the internal energy market. Listen to a discussion on plans for virtual trading hubs and why this complex but innovative idea will be challenging to implement.

Host: Richard Sverrisson, Editor-in-Chief, Montel 
Guests: Michela Beltracchi, Senior Advisor Public & Regulatory Affairs, Nord Pool; Georg Zachmann, Senior Fellow, Bruegel