E.ON Energy Trading today announced that it has completed its first spot power trade this morning (SEPT 4) at the SouthPool regional energy exchange.

The move to begin trading at the Ljubljana-based exchange, which offers products for the Slovenian and the Serbian markets, is part of E.ON’s strategy to expand its trading activity in South Eastern Europe.

Stefan Sewckow, head of spot trading in Central and South Eastern Europe for E.ON Energy Trading, said: “We’re delighted to have completed our first trade at SouthPool. One of our key areas of focus is on emerging markets in Eastern Europe, where we’d like to see the development of more integrated, efficient, and liquid wholesale energy markets.

“South Eastern Europe currently consists of several fragmented price regions and we see a great deal of potential for cross-market integration.  By offering the whole range of trading and post-trading activities, SouthPool brings more transparency to the Slovenian and Serbian energy markets and offers a strong platform for the development of an efficient and liquid power market for the region.”

Notes to editors: 

• E.ON Energy Trading is the European trading business of E.ON, one of the world's largest investor-owned power and gas companies.  As a single, strategically focused European business, we draw on our international strength and industry expertise to play a leading role in Europe’s energy markets. We work across national borders in all key energy markets including power, gas, coal, oil and CO2;
• Through our trading activities, we enhance the value of E.ON’s asset base, minimize the commodity risk of E.ON’s power generation activities, and look for ways to take advantage of Europe’s converging markets to add value for E.ON and its consumers.

For more information contact:
Jamee Majid on +49 (0) 211 73275 2307
Georg Oppermann on +49 (0) 211 73275 2306