EU regulation and renewables seen as big energy risks

Greater role for risk management in strategic plans proposed

The effects of financial regulation and renewable energy are among the biggest risks for European energy companies, as identified by a panel of senior risk managers at Energy Risk Summit Europe in London on October 1.

During the discussion, senior risk managers from firms such as Spain-based utility Endesa, the UK arm of France-based EDF and Austrian oil and gas company OMV talked about the biggest risks facing their businesses.

"Five years ago, we were in a much more volatile wholesale market a