EDF Trading appoints Head of Power and Gas Flow Trading, Europe
EDF Trading, a wholly-owned subsidiary of EDF S.A., is pleased to announce the appointment of Carsten Sterz as its Head of Power and Gas Flow Trading, Europe. This is a new position which is based in London. Sterz joined EDF Trading on 1st December and reports to Marcello Romano, Head of Trading, Europe. Sterz will be responsible for all power and gas flow activities and expanding EDF Trading’s customer base.
Sterz has over 20 years of experience in the energy sector structuring deals and developing trading strategies across the natural gas, power, oil, CO2, and FX markets.
“We have spent the past few years developing a strong customer flow business which has grown in volume. Having Carsten on board will strengthen our activities as we focus on our core markets”, said John Rittenhouse, Chief Executive of EDF Trading.
For further information, please contact:
Michele Reid, Head of Communications
Tel: +44 (0) 20 7061 4232
About EDF Trading
EDF Trading is a leader in the international wholesale energy markets. The company manages a portfolio of assets which give it the ability to source, supply, transport, store, blend and convert physical commodities around the world. These capabilities enable EDF Trading to deliver essential asset optimisation services, risk management and wholesale market access to the EDF Group and its third party customers, helping them to realise the value inherent in their asset portfolios.
EDF Trading is active in the electricity, natural gas, LNG, LPG, coal and freight and environmental products markets. It is one of the largest wholesale market traders in Europe for power and gas and one of the leading marketers of gas and power in the US. Its affiliate, EDF Energy Services is one of the main providers of generation services for power generation companies in the US and a leading US energy retailer for large commercial and industrial customers. In 2017, EDF Trading broadened the scope of its coal and freight activities in the form of a minority (33%) stake in JERA Trading, one of the leading utility backed global coal traders.
EDF Trading is a 100% owned subsidiary of EDF, one of the world’s biggest electricity generators.
EDF Trading has around 800 employees with key offices in London, Paris, Singapore, Houston and Calgary.