E.ON Global Commodities
We’re the energy trading business of E.ON, one of the world's largest investor-owned power and gas companies. As the expert interface between the E.ON Group and international wholesale energy markets, we create value by managing the commodity price risks faced by E.ON and its customers, while optimizing the Group's broad and diverse power and gas portfolio.
What we do?
Markets & Products
E.ON Global Commodities is the expert interface between E.ON Group companies and the European and global wholesale energy markets
We manage a complex product mix and exposure profile across the entire commodity space. Consequently, we're active at energy exchanges throughout Europe and in the US as well as in OTC markets, trading a wide range of standard and exotic products and leveraging our deep industry knowledge to bring innovative and tailored solutions to our internal and external clients.
|Power||Spot, forwards, Vanilla swaps and options, profiles, Dark/Spark spreads, location spreads, index products.|
|Gas||Spot, fowards, Vanilla swaps and options, profiles, location spreads, index products, formula swap, oil indexation.|
|Emissions||EUA & CER forwards, EUA/CER swaps, time spreads, vanilla options on EUA, ERU, CER.|
|Oil & Oil Products||Vanilla swaps and options, on US/EU/Asia crude, distillates and residuals, crack spreads and differentials, physical oil.|
|Coal & Freight||Vanilla swaps on API2/4/6 and freight (FFAs), physical coal and/or freight at all major locations/routes.|
|Weather||Vanilla swaps and options on temperature, precipitation or wind, cross-commodity (e.g. temp/gas) indices.|
|Storage & Transport||Physical Capacity Swaptions.|
Facts & Figures
E.ON Global Commodities by numbers
Backed by Europe's broadest and most diverse power and gas portfolio, E.ON Global Commodities is one the most active participants in the international wholesale energy markets:
- over 1000 professionals from more than 40 countries based in state-of-the-art Düsseldorf heaquarters, with some decentralized power and gas dispatch operations in UK, Sweden, the Netherlands, France and Italy;
- one of the most active traders in the international wholesale energy markets - 2011 volumes: Gas 2480 billion kWh, Power 1967 billion kWh, Carbon 598 million metric tons, Coal 269 million metric tons, Oil 89 million metric tons (~600 million barrels);
- active on more than 20 exchanges and in over 40 countries;
- executed more than 850,000 trades in 2011 – an average of more than one trade every minute, every minute of the year;
- over 1000 registered counterparties in more than 50 countries.
Board of Management
Dr.-Ing. Leonhard Birnbaum, E.ON SE (Chairman)
Thomas Ströder, E.ON Global Commodities SE (Deputy Chairman)
Weis Hamidi, E.ON Global Commodities SE
Dr. Friedrich Janssen
Jørgen Kildahl, E.ON SE
Gregor Pett, E.ON SE
Eckhardt Rümmler, E.ON Climate & Renewables GmbH
As the commercial heart of the world's largest investor-owned power and gas company, E.ON Global Commodities can offer you a range of challenging and exciting career opportunities.
Our professionals come from diverse backgrounds, but share a commitment to high performance, bold decision-making and a willingness to share knowledge and new ideas.
Together they work in one of the world’s most exciting industries, enhancing the value of E.ON’s asset base, minimizing the commodity risk of E.ON’s power generation activities, and looking for ways to take advantage of Europe’s converging markets to add value for E.ON and its consumers.
You can contact us for assistance and information on the application or recruitment process.