Centrica Energy Trading A/S has published its Annual Report for 2025, highlighting a year of solid financial performance and continued strategic progress in increasingly complex energy markets.
Throughout 2025, energy markets stabilised further following several years of disruption. Natural gas markets remained relatively balanced, supporting lower prices and more predictable trading conditions. Power markets, however, continued to face structural imbalances, as growing shares of renewable generation combined with limited flexibility and grid capacity created volatility and reinforced the need for a more adaptable energy system.
Against this backdrop, Centrica Energy Trading A/S delivered an adjusted operating profit of DKK 455 million. Earnings before tax totalled DKK 66 million, reflecting solid performance despite lower price levels and reduced volatility limiting trading opportunities.
In 2025, the company made significant progress in scaling its flexibility offering, particularly within grid-scale battery energy storage systems. Multiple key contracts were secured, expanding the battery portfolio to 672 MW across core markets, including Denmark, Sweden, and Finland. At the same time, the company strengthened its operational, commercial, and technical capabilities to support optimisation at scale.
Centrica Energy Trading A/S also continued to build a global, scalable trading platform. This included expanding its presence in the United States with the opening of a New York office and scaling algorithmic trading capabilities across key power markets such as MISO, SPP, and ERCOT.
The company further grew its global portfolio of renewable and flexible assets by more than 17 percent, reaching 19.5 GW under contract. Through partnerships with industrial leaders such as Saint-Gobain and thyssenkrupp, and developers like Amarenco, Centrica Energy is increasingly connecting clean generation with real demand through corporate PPAs, optimisation, and flexibility solutions.
Underlying this progress is a continued focus on technology and people. Investments in analytics and algorithmic trading capabilities were complemented by continued focus on attracting and developing talent. In 2025, Centrica Energy was recognised as one of Fortune’s 100 Best Companies to Work for in Europe.
As an active participant in energy markets across Europe and the United States, Centrica Energy Trading A/S also contributed to the broader energy dialogue, including supporting the Danish EU Presidency and engaging with policymakers on the future of Europe’s energy system.
Looking ahead, the company remains focused on strengthening its position as a global energy trading and optimisation partner, supporting reliable, affordable, and increasingly low-carbon energy systems.
About Centrica Energy Trading A/S and Centrica Energy
Centrica Energy Trading A/S is part of Centrica Energy, a business unit of Centrica plc.
Within this structure, Centrica Energy Europe carries out trading and optimisation activities across the region. Centrica Energy Europe includes the parent company, Centrica Energy Trading A/S, which operates through a number of branches, permanent establishments, and subsidiaries across Europe, the United Kingdom, the United States, and Singapore.
The consolidated financial performance of the wider Centrica Energy business is reported within Centrica plc’s Annual Report.
Read the full Centrica plc Annual Report here:
