Rajat Sarawat is an experienced energy sector professional with more than 25 years of experience in the Industry. Rajat's core experience derives from developing and implementing the regulatory frameworks in the energy industry in Australia.

As a practicing regulator, he shares his thoughts on the challenges of future regulation as rooftop solar power and batteries are fundamentally changing the energy landscape. Rajat explains the changing nature of Ancillary services, which he says, is now been renamed more aptly as Essential System Services in Australia as the market dynamics is changing.

How will the market perform with zero marginal cost renewable energy where the fundamental market design and system marginal price is based on marginal cost of power at a given time remains the key challenge.

How utility-scale batteries are slowly removing the same arbitrage opportunities between peak and off-peak prices, that batteries are receiving the maximum benefit from?

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