Energy Trading: Power and Gas

Trading across 27 European power markets we help ensure that there’s a constant balance between actual production and consumption, providing the foundation for stable energy supply. As balancing responsible party we’re part of a selected group of actors that ensures there's a constant match between the actual production of power generating assets and what the market demands at a given point in time.

Delivering on our role as a balancing responsible party helps reduce costs for transmission system operators (TSOs) through lowering the need for purchasing system services. Ultimately, these activities save costs for consumers who finance TSO activities through national tariffs and/or transmission charges. Beyond Denmark we provide balancing services for TSOs across Europe including the UK, Netherlands, and France. For the UK, we commit to making interconnector flows to- and from Europe available.

Established in 2012, our gas trading activities include wholesale trading, asset optimisation and cross-border trading on the primary and secondary market. Operating in 20 different gas markets, we trade standard products on exchanges and in over-the-counter markets. With trades ranging across a one-hour to three-year horizon, we trade across almost all European borders and manage our physical storage and gas transportation portfolio.

Operating 24/7/365 we’re here to serve the gas transition as it evolves – ensuring supply of natural gas and biomethane today, whilst constantly building on capabilities to navigate and operate markets for hydrogen and sustainable fuels in the not-too-distant future.

Whilst the Danish wind power adventure is a well-established story on the international stage, a less well known industry founds its roots in the liberalisation of Nordic and UK energy markets in the mid 90’s. In 1995 the process of liberalising Danish energy markets was initiated. Coupled with two decades of experience managing record quantities of wind, solar and flexible assets, Denmark became the optimal test laboratory for energy trading, giving way for a significant head start in developing the business model and capabilities needed to successfully trade energy on the newly liberalised European wholesale energy markets.

Acting on that head start, Danish energy traders exported those capabilities to other markets, rapidly capturing significant market shares in Northern- and Central European markets. Despite operations and development of the sector taking place in Denmark, today over 95% of revenues are generated outside of Denmark.