Latest news with #powertrading
Bloomberg
11 hours ago
- Business
- Bloomberg
China On Target to Launch National Power Market by End of Year
China is on target to launch a unified national power trading market by the end of this year, according to its main electricity grid operator. State Grid Corp. of China's President Pang Xiaogang is confident the platform will be ready by then, he said Tuesday during a panel at the World Economic Forum conference in Tianjin, known as Summer Davos.
Reuters
17-06-2025
- Business
- Reuters
Equinor picks CEO of energy trader as new head of gas and power division
COPENHAGEN, June 17 (Reuters) - Danske Commodities CEO Helle Ostergaard Kristiansen will step down to become head of the gas and power unit of parent group Equinor ( opens new tab, the trading house said on Tuesday. Danske Commodities' Chief Financial Officer Jakob Sorensen, who joined the company 20 years ago as a power trader, will take over as new CEO as of September 1, it said in a statement. Kristiansen replaces Helge Haugane who in April was named head of a new Equinor business area formed by the group's power assets. Danske Commodities, which specialises in power and gas trading, is active in more than 40 countries, including Australia, the United States, Brazil, Japan and all major European markets.
