Going back to basics: energy trading

The EEF briefing on Energy brought together European Parliament and European Commission representatives alongside industry experts to explore the intricacies of energy trading. Featuring insights from Energy Traders Europe ENGIE, Axpo Group and Eni, the event addressed the challenges and mechanisms shaping European electricit and gas trading as well as emerging markets .

Participants explored how energy trading underpins the efficient flow of energy, ensuring balance and adaptability in a rapidly evolving energy system. Presenters provided detailed technical insights into trading mechanisms.

The session began with an overview of electricity trading, presented by Olivier Van den Kerckhove (ENGIE), who covered essential trading concepts, market timeframes, portfolio management strategies. He was followed by Laura Bosetti (Eni), who detailed the fundamentals of gas trading, the dynamics of LNG markets, and the implications of regulatory framework on the European energy landscape.

The discussion then shifted to new market developments, where Jacobo Canseco (Axpo Iberia) delved into the emerging decarbonized gas sectors such as biomethane and touching on key questions such as proof of sustainability and guarantee of origin.

The event also featured an interactive Q&A session, where attendees addressed fundamental principles of energy trading and delved into specific challenges, including volatility, regulatory frameworks, and market coupling across borders.

This interactive session included a trading floor visit, enabling assistants and  European Commission representatives to gain firsthand experience of the complex operations and decision-making processes involved in energy trading.