With a view to promoting the growth path of Energy2market GmbH (e2m) in the international business of market access services and the development of virtual power plants (VPP) the shareholders have held intensive talks with financially strong strategic partners in recent weeks. As a result, the majority shareholder Trailstone UK Ltd. and the founding shareholders have decided to sell 100 percent of the shares in the company to the French EDF Group, one of the leading utility companies in Europe.
The shareholders of Energy2market GmbH (e2m) have approved a capital increase strengthening the company’s equity base and fulfilling one of the requirements for safeguarding the trading service provider’s growth strategy over the next years.
In late June 2018, a delegation of US senators, professors and business representatives met with leading representatives of GDGE (the association of German green power generators) and Energy2market GmbH (e2m) to discuss the latest technologies and developments in generating and trading biogas.
Energy2market GmbH (e2m), a leader in aggregated energy trading throughout Europe, today announced its strategic partnership with Swytch, a blockchain-based renewable energy data and incentive platform, for a Proof of Concept test. Beginning in January 2018, e2m has been testing the efficacy of the Swytch blockchain platform across its portfolio of assets in Germany, equivalent to approximately 3.5Gw of solar, wind, hydro, and biogas energy capacity. The deal affirms the ability of Swytch's technology to function at industry-leading scale as it pioneers an entirely new blockchain protocol built to verify and track renewable energy production.
The battery farm built at the BMW Group factory in Leipzig is a large energy storage system comprising up to 700 BMW i3 batteries – a large number of which are in their “second life” – forming the currently biggest battery facility of this type worldwide. This system can buffer energy, e.g. from wind power systems at the factory premises and, hence, optimise local energy management.
During an information-gathering tour of Germany and France, a delegation from Chile visited Energy2market GmbH (e2m) on 17th January. They were impressed by the e2m business model, the functionality of the Virtual Power Plant (VPP) and the market access options these offer to operators of decentralised generation plants. In South America, Chile is considered a pioneering market for renewable energies and has invested heavily in photovoltaics (PV) in recent years.
Energy trading. Efficient, secure & revenue-optimised.
With over 4,500 generating plants and more than 3,700 MW of marketed production capacity, e2m is one of Europe’s leading energy aggregators and an excellent medium-sized and independent electricity trading company.