Trading & Services optimally positioned

The Trading & Services division was established two years ago. In 2009, the main focus was on the organisational merger and the partial realignment of related Atel and EOS activities. This has set the stage to maintain the successful positioning in the Swiss and European energy markets.

As a result of poor economic conditions, last year was characterised by an exceptional decline in demand for electricity, coupled with dramatic price falls on the spot and futures exchanges, which were only partially reversed in the course of the year. At the same time, movements in the prices of different sources of energy drifted further apart. The gas market is increasingly decoupling from the oil market. Trading in green power developed very positively.