Peter Styles is principal consultant in Stratos Energy Consulting. He advises clients on many aspects of the European electricity and gas markets, especially wholesale trading and market design, applicable European Union (EU) legislation and resulting national regulation. Since 2000 Peter has been a Board Member of the European Federation of Energy Traders (EFET) and Chairman of the Electricity Committee of EFET. Since 2010 he has been an Honorary Associate at Dundee University,where he is attached to the Global Faculty. His career in the 1980s and 1990s encompassed project work in upstream oil and gas, power plant development, the management of a gas pipeline business and the establishment of the first and largest pan-European energy trading business. Through the parent company of Stratos Energy Consulting, Stratos European Policy Limited, Peter offers advisory services in relation to European legislation, policy and regulation affecting businesses and investors more generally. He has conducted market, competition and regulatory analysis, advised on the implications of proposed new legislation and acted as policy consultant for clients ranging from industry associations to hedge funds.