European Federation of Energy Traders

The European Federation of Energy Traders (EFET), the association of European energy traders, was founded in Amsterdam in 1999.

The sub-association EFET Germany - Association of German Gas and Electricity Traders eV , based in Berlin-Mitte, was founded in 2001 because associations based abroad were not allowed to participate in the association agreement at the time . EFET is the umbrella organization for the standardization of cross-border trade by energy suppliers, in particular gas and electricity trading . For this purpose, uniform framework agreements are drawn up, on the basis of which formats for electronic invoicing (with ebXML ) were established, as well as processes for the automatic clearing of trading goods. The objectives are the development of a pan-European internal market for energy and related products and the facilitation of trade through Europe-wide harmonization of market rules. EFET advocates the removal of barriers to market entry, unhindered, non-discriminatory access to the supply networks and against the abuse of dominant positions. EFET has no commercial interests.

Members

Full members (as of 2013)

A2A Trading Srl. • ALPIQ • Axpo Services AG • Azienda Elettrica Ticinese • Barclays Capital • Bayerngas Energy Trading • BG International • BKW FMB • BP • Cargill International • Centrica • CEZ • Citi • Conoco Phillips • Danske Commodities • DELTA • DEPA SA • Deutsche Bank • Dong • Drax Power Ltd • DufEnergy Trading SA • E & T Energy • E.On Energy Trading • EconGas • EDF Trading • Edison • EDP Energía • EFT • EnBW • Endesa • Eneco • Enel Energy Europe • Enel Trade • Energy Holding • Energya VM • ENI Spa • ENOI SpA • Europe Energy Spa • ExxonMobil • Fortum • GALA Energia • Galp Gás Natural, SA • Gas Plus Italiana • gasNatural fenosa • GasTerra • Gazprom • GDF SUEZ Electrabel • GEN-I • Goldman Sachs • Hera Trading • HSE • Iberdrola • Lumius • Macquarie Bank • Mercuria Energy Trading • Merrill Lynch • Morgan Stanley • MVM Trade Zrt. • MVV Trading GmbH • NEK EAD • Noble Clean Fuels • NValue • PETRONAS Energy Trading Limited • PGE SA • Public Power Corporation SA • RAO Nordic • REpower Deutschland GmbH • RheinEnergie • Rudnap group • RWE Supply & Trading • Shell Energy Trading Limited • Slovenske Elektrarne • Société Générale • Sorgenia • Stadtwerke München • Statkraft Energi AS • Statoil • Syneco Trading • Tiwag • Total • Trianel • Vattenfall • VEMEX sro • VERBUND Trading AG • VNG Verbundnetz GAS AG • Wingas • YouTrade Gruppo Innowatio

Associated members (as of 2013)

• Acquirente Unico • Aegean Power • aet • BEK Group • BNP Paribas • Centralschweizerische Kraftwerke • Commerzbank • Credit Suisse • ​​Currenta GmbH & Co • Dong Energy Markets • DTEK Power Trade LLC • Elektro Energija • Enovos Luxembourg SA • EPS • EWE Trading GmbH • Freepoint Commodities Europe LLP • Gas-Union GmbH • Gazprom Germania GmbH • Gelsenwasser AG • GETEC • Gunvor International BV • HEP Trade • KELAG • Koch Energy Europe • Mark-E • MND as • MOL Energy Trade Ltd. • Novatek • PGNiG • SET Swiss Energy Trading • SNGN Romgaz • Stadtwerke Hannover AG • Stadtwerke Leipzig • TAURON Polska Energia SA • TEI Energy • Vitol

Stand 2013

Parts of this article seem out of date as of 2013 .
Please help to research and insert the missing information .

EFET Germany - Association of German Gas and Electricity Traders

EFET Germany represents the interests of the energy trading companies active in the German market towards politics, associations and the public. The aim of the association's activity is to promote national and international energy trading, analogous to the European level. Daily work takes place in project and working groups for gas and electricity, so-called task forces. In position papers, authorities relevant to energy trading, such as B. the Federal Network Agency , informed about any irregularities in the German electricity and gas market.

The goals of EFET Germany are:

• Development of a pan-European internal market for energy and related products; thereby strengthening the competitiveness of the European economy
• Ease of trade through Europe-wide harmonization of market rules
• Objectivity, transparency and non-discrimination
• Removal of barriers to market entry
• unhindered, non-discriminatory access to the supply networks
• Guarantee of supply reliability
• Avoidance of abuse of dominant positions

The activities of EFET Germany include:

• Task forces, project and working groups for gas and electricity
• public relations
• Lobbying
• Communication with network operators and their associations
• Cooperation with other network user associations
• Organization of meetings, workshops and conferences

EFET Germany is characterized by the following characteristics:

• strict impartiality
• Lack of commercial interests
• Transparency of internal association communication
• efficient service for member companies
• Openness in communication with third parties

Members of EFET Germany

Members are (as of 2013):

• Alpiq
• Alpiq Suisse
• BP gas
• Citiworks
• EconGas
• EDF Trading
• EnBW Trading
• Enercity Trade
• E.ON Energy Trading SE
• GAZPROM Germania
• GDF SUEZ Energy Germany
• GETEC
• DONG Energy
• Iberdrola
• Mark E.
• Bank of America - Merrill Lynch
• MVV energy
• Novogate
• RheinEnergie
• RWE Supply & Trading
• Stadtwerke Leipzig
• Stadtwerke Munich
• Statkraft Markets
• Syneco Trading
• Trianel
• Vattenfall Trading Services

EFETnet

In 2002, the EFET Association launched an initiative for Europe-wide computerized energy trading, which in 2004 led to the establishment of the Dutch subsidiary EFETnet BV (GmbH), which provides the computer backbone for European energy traders. 80 energy traders from 20 countries, who have invested 3 million euros (as of 2009), are involved in the EFETnet. Another 17 companies are associated with EFETnet and a further 50 energy traders implement parts of the EFETnet processes. The estimated turnover in EFETnet-supported European electricity and gas trading in 2005 was over 600 billion euros.

See also

• Energy trading exchange European Energy Exchange (EEX)
• Clearing house European Commodity Clearing (ECC)
• Transport Capacity Exchange 'trac-x' (in gas trading)
• Storage Capacity Exchange 'store-x' (in gas trade)

Web links

• European Federation of Energy Traders
• European Federation of Energy Traders Germany
• EFEnet network

Individual evidence

1. ↑ Archive link ( Memento of the original from February 17, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  
2. ↑ Archive link ( Memento of the original from February 17, 2014 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.  
3. ↑ EFET Germany - member company . Accessed on April 23, 2013.  ( Page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.  
4. ↑ EFETnet Overview. (powerpoint) (No longer available online.) EFETnet.org, 2009, formerly in the original ; Retrieved October 30, 2009 .  ( Page no longer available , search in web archives )  Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.    
5. ↑ EFET booklet. (pdf) (No longer available online.) 2005, archived from the original on December 23, 2011 ; Retrieved February 3, 2009 .