Press releases
Essen, 14 June 2010, RWE Supply & Trading
RWE advocates European-wide standards and full transparency for wholesale energy trading markets
RWE confirmed its support for common regulation and fuller transparency for trading electricity, gas and CO2 across Europe. Stefan Judisch, Chief Executive of RWE Supply & Trading explains: “Every initiative to create a level European-wide playing field for energy traders has the support of RWE – and in particular - the recent proposals of the EU Commission’s Energy Directorate-General to improve market integrity and transparency. more
Essen/Berlin, 13 January 2010, RWE AG
ESMT presents results of study on European electricity wholesale markets
The lacking integration of European electricity wholesale markets, the market power of national players, and the low level of investment in generation capacity was criticized by the Sector Inquiry of the European Commission in 2007. ESMT Competition Analysis, Professsor Lars-Hendrik Röller (President of ESMT) and Professor Axel Ockenfels (Universität zu Köln) have jointly examined the development of European electricity wholesale markets. The study “The Electricity Wholesale Sector – Market Integration and Competition” was commissioned by RWE AG and focuses on German wholesale prices. Wholesale prices have a direct effect on the electricity prices for end consumers. The study reveals an advanced, albeit imperfect, degree of market integration. more
Essen, 11 August 2009, RWE Supply & Trading
Rüdiger Kiesel appointed to Europe’s first chair of energy trading located in Essen
The University of Duisburg-Essen has appointed 46-year-old Rüdiger Kiesel to Europe’s first chair of energy trading and financial services. The Essen-based RWE Supply & Trading is co-funding the endowed chair to the tune of some €2 million. more
Essen, 10 March 2009, RWE Supply & Trading
RWE opens Europe's largest energy trading floor
in Essen, Germany
Ten years after the founding of the energy trading company within the RWE Group, RWE Supply & Trading is moving into its new corporate headquarters in Essen. About 800 employees from RWE Supply & Trading, RWE Key Account, Portfolio Management as well as Load Dispatching will have moved from Huyssenallee to Altenessener Strasse in Essen by the end of the month. The traders and employees from the Back Office, Risk Control and Structuring who are closely connected to trading activities will form the vanguard. more
