Energy Trading: Power and Gas

Power Trading

Power Trading

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.

Gas Trading

Gas Trading

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.

Over the last two decades, we have built and matured our sustainable business model designed to efficiently move energy across grids and borders and accommodate growth in renewable energy trading.

Over the last two decades, we have built and matured our sustainable business model designed to efficiently move energy across grids and borders and accommodate growth in renewable energy trading.VP – Trading, Analytics & Algorithm -

Jesper Jung

VP – Trading, Analytics & Algorithm

The energy trading revolution

The energy trading revolution

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.

We keep energy moving

Moving energy from source to use, we hold licenses to trade power and gas across 27 markets where we manage physical flows, inject liquidity, and improve price transparency. Over the last few years our trading model has dramatically increased in relevance, as price differences between high-price and low-price markets have become greater, driving demand for providing cross-border logistics for physical flows of energy.

Balancing responsible party

We operate as a balancing responsible party, contributing to energy security of supply and helping reduce system costs for grid operators and consumers.

Energy market efficiency

We trade on large and transparent exchanges to provide liquidity and support energy market efficiency that allows for formation of the most reliable price and investment signals.

Energy movement

We move energy across borders, helping maximise the value of renewable generation and meet energy demand from consumers.

Get in touch

Trading, Analytics & Algorithm

Jesper Jung
VP – Trading, Analytics & Algorithm
Jesper.Jung@centrica.com

Gas & Power Curve Trading

Marco Verreschi
VP – Gas & Power Curve Trading
Marco.Verreschi@centrica.com

Meet a trading specialist

Do you want to learn more about trading? Meet Head of Trading Analytics, Oscar de Somer, and learn more about the work he does.

Discover more

Active power markets
0
Active gas markets
0
Trades completed in 2023
0M
Offices
United Kingdom
Denmark
Belgium
Germany
Sweden
Norway
Singapore