RWE and Essent merger creates trading giant
RWE's EUR9.3 billion purchase of the commercial activities of Dutch utility Essent will create "the number one energy trading company in Europe", according to RWE's chief strategy officer Leonhard Birnbaum.
The transaction means that Essent will become RWE's operating company in the Netherlands and Belgium. The combined annual trading volumes of the two companies amount to 1,425TWh of electricity, more than 100 billion cubic metres of gas and 230 million tonnes of coal. "We have created a real
More on Electricity
Uncertainty causes rethink on clean energy investment
Waning enthusiasm for net-zero pledges, environmental policy shifts, funding cuts and US tariffs are causing clean energy investors to retreat
Interview: Nodal Exchange’s Paul Cusenza
The fundamentals driving electricity prices, growing confidence in state-driven environmental programmes and Nodal’s share of the US zonal power markets
Energy Risk at 30: Learning from the past
Energy Risk looks back at the seminal events and developments that have shaped today’s energy markets
How quants shaped the modern energy markets
The business models of today’s utility firms are built on quantitative analysis, but the introduction of these techniques in the 1990s was far from smooth
Energy Risk Awards 2025: Nodal Exchange interview
Energy and environmental markets outlook, the impact of AI on power markets and Nodal Exchange’s plans
GEN-I: a journey of ongoing growth
GEN-I has been expanding across Europe since 2005 and is preparing to expand its presence globally
One to watch: Dexter Energy
Energy Risk Awards 2025: Tech firm uses AI and weather tools to support power trading amid rise in renewables
Commodity exchange of the year: Nodal Exchange
Energy Risk Awards 2025: Volumes at US power and environmental markets exchange surge as price volatility creates risk management imperative