The London-based brokerage, European Energy Services (EES) has launched e-Gas & Power, an internet exchange for trading gas and power for the industrial and commercial sectors. The trading platform allows for negotiations for an unlimited number of sites and meters in any kind of price structure–fixed/variable/index related.
The service is free for trading customers; suppliers are charged a “tiny percentage” of the transaction, according to EES. It adds that the marketplace created by e-Gas & Power has been “designed to be the simplest to use and the only exchange to satisfy all the key requirements of the UK’s largest energy purchasers.”
Among features, explains EES: Unique open bids system; a simple two-step purchasing process; transactions completed 100% online; real-time pricing information and comprehensive market data. Further, it is “entirely free to purchasers – no hidden costs.” For details: www.i-fm.net.
Based on a report from i-FM
