Enel eyes UK gas market
Italian utility Enel is reportedly looking to enter the UK gas wholesale market. An Enel spokesman was quoted in a Reuters report saying that: "Enel thinks the UK gas market is very interesting for trading opportunities."
A spokesperson confirmed to Energy Risk that Enel has applied to UK energy regulator Ofgem for a gas shipping licence. This does not refer to booking capacity on the Interconnector pipeline, but is a general licence to trade wholesale gas in the UK.
Enel traded 1 billion cubic
More on Gas/LNG
The spread of agentic AI in energy trading
Jay Bhatty, CEO and founder of NatGasHub.com, discusses agentic AI in commodities workflow
A Hormuz tipping point may be days away
Agent-based model suggests delays and shortages likely to accelerate after four weeks
Energy Risk reaction: Impact of Middle East conflict on hedging and longer term risk
Energy Risk talks to Riccardo Rossi at Centrica Energy and Rob McLeod at Hartree Partners about the impact of the Iran crisis so far on firms exposed to energy
Energy Risk Europe Leaders’ Network: geopolitical risk
Energy Risk’s European Leaders’ Network had its first meeting in November to discuss the risks posed to energy firms by recent geopolitical developments
Energy Risk US Leaders’ Network: tackling volatility
Energy Risk’s inaugural US Leaders’ Network convened in Houston in October to discuss risk management challenges caused by geopolitical upheaval, policy uncertainty and volatility
LNG trading strategies set to change amid major market shifts
The global LNG market is on the brink of significant changes set to alter trading dynamics and market behaviour, say analysts
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
Natural gas/LNG house of the year: ENGIE
Energy Risk Awards 2025: Energy firm signs a string of innovative deals in established and fledgling gas markets