Citiworks
| citiworks AG
|
|
|---|---|
 |
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| legal form | Corporation |
| Seat | Darmstadt |
| management | Dr. Marko Brunner, Christian Stewens (board members) |
| Number of employees | approx. 18 |
| sales | 460 million euros (2017) |
| Branch | Energy industry Energy trading-related services |
| Website | www.citiworks.de |
| Status: 2020 | |
The Citiworks AG (proper spelling: citiworks ) is a company founded in 2000 by German energy trading - and energy services company based in Darmstadt .
The company operates as a service provider for energy suppliers , municipal utilities , distributors , power plant operators , network operators and cooperations and employs around 18 people in the areas of energy trading , portfolio management and IT.
In the second half of 2012, after Stadtwerke München and Stadtwerke Mainz left the group of shareholders, the company's headquarters were relocated from Munich to Darmstadt, where today's parent company, ENTEGA AG , is also based.
Products and services
The core of the range of services is access to the spot and futures markets in the energy sector. In addition to trading in the commodities of electricity, gas, coal and CO 2 certificates, the company offers its customers additional processes upstream or downstream of energy procurement as a service:
- Energy trading market access
- Automated intraday trading (algo trading)
- Portfolio management
- Balancing group management
- Schedule and nomination management
- Direct marketing of EEG systems
- Guarantees of origin and green electricity products
- Market information
- Risk reporting
- Load and feed-in forecasts
- Other energy trading services
Web links
Individual evidence
https://www.citiworks.de/ffekten/ (accessed on April 22, 2020)