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E.ON: enters wholesale markets in Germany, the UK and Sweden

(CercleFinance.com) - E.
ON is doing business again on the energy wholesale markets in Germany, the UK and Sweden, the utility giant said on Monday.

The company said it has now established its own procurement and marketing unit for these three markets.

In each country E.ON has set up a team of about 20 experts, which will conclude deals for power, natural gas as well as green certificates directly on the markets.

This includes bilateral deals with other energy companies, as well as transactions on energy exchanges such as EPEX Spot, PEGAS, ICE, Nord Pool and Nasdaq Nordic.

E.ON already entered the Hungarian and Czech markets in October 2016, while it plans to enter the Italian market on 1 January 2018.

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