Tom Sargent News
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EON Energy Trading SE hired Kevin Watler as director of power and emissions, replacing Fredrik Ohrneman, the acting director appointed in June.
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Fredrik Ohrneman replaced Tom Sargent and became acting director of power and emissions markets at EON Energy Trading SE.
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Consumers expect inflation of 3.2 percent in the next five-to-10 years. Investors expect 2.8 percent .
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Consumers expect inflation of 3.2 percent in the next five-to-10 years. Investors expect 2.8 percent .
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The U.K. power market would benefit from having a “single unified” auction as APX BV and Nasdaq OMX Group Inc.’s N2EX compete to offer day-ahead electricity, according to E.ON AG , Germany’s biggest utility.
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Arctic weather, water shortages and halted reactors drove Nordic power prices to the biggest monthly gain in three years, boosting profits at hedge funds investing in European energy markets.
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Electricity trading in western Europe’s seven biggest markets rose to a record for a fifth year in 2009 as banks and utilities including Barclays Capital and E.ON AG bought and sold amid a 40 percent drop in power prices.
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