European energy outlook

Untitled Document

Some important strides were made in European gas & power markets in 2008, but the financial turmoil has slowed progress and hit liquidity. Next year Europe's energy markets face some key challenges, top industry executives say.

While exchanges and market infrastructure became increasingly integrated in 2008, cross-border trading remains difficult, and the ultimate goal of a transparent, competitive European market remains some way off. The credit crunch has not only reduced

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