E.ON Energy Trading registers to trade at OMIP
OMIP, the derivatives exchange for the Iberian energy market, today announced that E.ON Energy Trading has been admitted as Trading Member for own account and Direct Clearing Member.
The addition of E.ON Energy Trading, one of Europe’s leading energy traders, helps OMIP move a step closer to establishing the Iberian market as a key reference in Europe’s wholesale power markets.
Carlos Gonçalves, head of the trading department for OMIP, said: “We’re delighted with the admission of E.ON, a move that confirms the Iberian power market as an attractive opportunity for leading European energy traders. We hope that the addition of market
participants like E.ON will help to further increase the volumes traded, as well as boosting market confidence and security.”
Egbert Laege, director of dispatch and prompt trading for E.ON Energy Trading, said: “We’re pleased to have completed our registration to trade at OMIP. This is an important step for E.ON Energy Trading and E.ON España and one that’s in line with our commitment to actively support more integrated, transparent and liquid wholesale markets across the Iberian region and throughout Europe.”
About OMIP
OMIP is the MIBEL (the Iberian electricity market) derivatives exchange, which owns OMIClear - the Clearing House and Central Counterparty of trades carried out on the market. OMIP started operations on July 2006 and now has 46 participants from the USA and eight European countries. For more information visit www.omip.eu and www.omipclear.eu.
About E.ON Energy Trading
E.ON Energy Trading is the energy trading business of E.ON, one of theworld'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 visit www.eon-energy-trading.com
Contact OMIP
Ricardo Nunes, Marketing & Business Development, on +35 121 0013224
Contact E.ON Energy Trading
Jamee Majid on +49 (0) 211 73275 2307
The addition of E.ON Energy Trading, one of Europe’s leading energy traders, helps OMIP move a step closer to establishing the Iberian market as a key reference in Europe’s wholesale power markets.
Carlos Gonçalves, head of the trading department for OMIP, said: “We’re delighted with the admission of E.ON, a move that confirms the Iberian power market as an attractive opportunity for leading European energy traders. We hope that the addition of market
participants like E.ON will help to further increase the volumes traded, as well as boosting market confidence and security.”
Egbert Laege, director of dispatch and prompt trading for E.ON Energy Trading, said: “We’re pleased to have completed our registration to trade at OMIP. This is an important step for E.ON Energy Trading and E.ON España and one that’s in line with our commitment to actively support more integrated, transparent and liquid wholesale markets across the Iberian region and throughout Europe.”
About OMIP
OMIP is the MIBEL (the Iberian electricity market) derivatives exchange, which owns OMIClear - the Clearing House and Central Counterparty of trades carried out on the market. OMIP started operations on July 2006 and now has 46 participants from the USA and eight European countries. For more information visit www.omip.eu and www.omipclear.eu.
About E.ON Energy Trading
E.ON Energy Trading is the energy trading business of E.ON, one of theworld'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 visit www.eon-energy-trading.com
Contact OMIP
Ricardo Nunes, Marketing & Business Development, on +35 121 0013224
Contact E.ON Energy Trading
Jamee Majid on +49 (0) 211 73275 2307