Essen/Dietikon, Monday, February 6, 2012
More and more industrial companies, electricity suppliers, power plant operators and project developers are hedging against volatile electricity and gas prices. This is made possible by tailored products and solutions, such as those that EGL will present at E-world in Essen from 7 to 9 February. As a pioneer in the development of structured products (origination), the pan-European energy trader EGL is now one of the leading independent companies in this sector.
To ensure that volatile electricity and gas prices do not
interfere with their cost and revenue accounting, more and
more industrial companies as well as electricity producers
and suppliers are using options on forward contracts to
hedge against price movements. In the past they did this
primarily via standardised products, but today they are
increasingly resorting to individually tailored energy
products. "Using our longstanding experience and
extensive knowledge of the various markets, we develop
structured products and services that are individually
tailored to customers' needs throughout Europe,"
says Domenico De Luca, Head Energy Trading & Origination at
EGL.
EGL's activities include procuring energy for bulk
consumers and marketing the energy produced by wind farm
operators. In Spain, for example, EGL is one of the largest
marketers of renewable energies with over 7,000 MW of
installed capacity. According to Mr. De Luca, "EGL is
a 'first mover' in the origination business and
also has a presence throughout Europe. We can react quickly
and flexibly to economic and regulatory changes in the
energy markets and develop suitable solutions for our
customers."
EGL and Axpo to share stand at E-world 2012
EGL will be presenting the specific details of such
solutions at stand 236 in hall 3 of E-world 2012, the most
important energy trade fair in Central Europe, from 7 to 9
February 2012. The stand will be shared with its Swiss
parent company Axpo, under whose umbrella EGL will conduct
its future operations. Axpo will continue to expand the
pan-European reach of its trading business as well as its
position as a leading independent provider of origination
products and services.
Further information
Media Relations: Tel. +41 44 749 40 10, media.ch@egl.eu
distribué par | Ce noodl a été diffusé par EGL - Elektrizitäts-Gesellschaft Laufenburg AG et initialement mise en ligne sur le site http://www.egl.ch. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-02-06 09:43:57 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |