Energy markets for tomorrow

The energy markets in a climate-neutral world will have little or nothing to do with the well-known structures and mechanisms. In its “Net Zero by 2050” report, the International Energy Agency assumes that by 2050 the demand for gas will fall by 55 percent and the demand for oil by a full 75 percent. Electricity will increase enormously in importance and in the future will be produced almost exclusively from water, sun and wind. But what does it mean for the market when the marginal costs of electricity production approach zero? How does the so-called merit order shift? Are new models needed to cover the rising costs of balancing energy – i.e. the reserve to compensate for fluctuations in the power grid? Will more e-mobility also change the billing model for electricity for private customers (e.g. if those who put a lot of strain on the network pay higher fees through service billing)?

We provide answers to the energy markets in a climate-neutral world

The entire energy system is fundamentally changing. What remains is the need to provide energy safely and affordably. In order for this to continue to work in the future, new regulatory frameworks, regulations and market designs are needed. The experts from the Austrian Energy Agency are analyzing what this might look like.