Peter Styles is principal consultant in Stratos Energy Consulting and Managing Director of Stratos European Policy. 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. Peter is a lawyer by profession and speaks French and German.
Through Stratos Energy Consulting Peter advises clients on many aspects of the European electricity and gas markets, applicable European Union (EU) legislation and resulting national regulation. A speciality is the wholesale electricity market, both as it functions in practice and as it is affected by EU and national market design measures. Clients apart from EFET have included utility companies, energy exchanges, national governments, the European Commission, trade publishers and conference organisers.
Through Stratos European Policy Peter offers advisory services in relation to European policy legislation, and regulation affecting businesses and investors more generally. A speciality is the analysis of business risk arising from EU policy decisions and policy implementation, particularly in areas such as economic and monetary union, pursuit of the single market and anti-trust enforcement. 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 academic institutions to hedge funds.
In July 1998, Peter had been appointed Head of the Enron Delegation to the European Union located in Brussels. The office was opened to deal with Enron Europe’s EU competition case interventions, its co-operation with the European Commission and pan-European industry associations, and overall political relations in continental Europe. This responsibility was in addition to Peter’s previous appointment as Vice President, European Government and Regulatory Affairs. He had before that held senior commercial management positions in London, working on development of electricity generation projects, energy business financing arrangements and gas transportation. Originally Peter had been hired to establish the legal function for Enron Europe, the first outside of North America within the Enron group, building it to a team of six in-house lawyers by 1995. From 1994 till 2003 (when it was successfully wound up) he also served as senior trustee of the Enron Europe Pension Plan.
For three years up to 1992, Peter was a Markets Analyst and then a Business Development Manager, for Dow Europe, located near Zurich in Switzerland, working in the thermoplastics business. He had transferred from the position of the London office Chief Legal Advisor for Dow Chemical, Merrell Dow Pharmaceuticals and Dow Europe Oil and Gas, which he held for five years from 1984.
From 1978 to 1984, Peter was employed in various parts of ICI, initially in the Company Secretary's Department at Head Office in London. He moved temporarily to ICI Plastics in Hertfordshire in 1980 as Legal Assistant. From 1982 to 1984 he was engaged as a Legal Advisor with ICI Pharmaceuticals (later to become AstraZeneca) in Cheshire.
Peter received an MA Hons. in Law and Modern Languages from Cambridge University in 1977 and was called to the Bar of England and Wales in July 1978.