Trading company for electricity and gas procurement as well as portfolio optimisation for utilities and industrial customers.
GGEW Trading GmbH
Bensheim · Lampertheim (former seat)New on Amplifa
About GGEW Trading
GGEW Trading GmbH is an energy trading company founded in 2002 and based in Bensheim. It was established by the GGEW Gruppen-Gas- und Elektrizitätswerk Bergstraße AG and the Stadtwerke Lampertheim GmbH as a joint trading subsidiary and merged with the GGEW AG in 2020. The company handles professional procurement and optimisation of energy purchasing for its shareholders as well as for utilities and industrial customers. In electricity trading, the company offers band products in the base, peak and offpeak segments, ranging from short-term spot transactions to longer-term monthly, quarterly and annual bands. In gas trading, it has been established for many years in the NCG and Gaspool market areas and offers products along the forward curve. All transactions are settled exclusively physically; trading takes place via wholesale marketplaces including exchange trading.
- Site
- Bensheim
- Processes
- Electricity trading (base/peak/offpeak, spot and forward products, exclusively physical settlement), Energy procurement and portfolio optimisation for utilities and industrial customers, Exchange and wholesale trading
- Founded
- 2002
- Industries
- Energy trading, Electricity supply, Gas supply, Industrial customers, Municipal utilities/utility companies
- 01
Energy procurement
- 02
Wholesale and exchange trading
- 03
Portfolio optimisation
- 04
Physical settlement
Locations
Bensheim
DEHead office (previously Lampertheim)
Lampertheim
DEFormer company seat (Industriestraße 40)
Industries
Additional services
History
- 1999
Start of electricity trading activities with the beginning of electricity market liberalisation
- 2001
First gas trading contract concluded via a trading platform anywhere in Germany
- 2002
Foundation of GGEW Trading Lampertheim GmbH by GGEW and Stadtwerke Lampertheim; registered on 10.07.2002
- 2006
Share capital fixed at 120.000 €; commercial proxy for Martin Hennig
- 2009
Martin Hennig becomes managing director
- 2017
Relocation of the seat to Bensheim; renaming to GGEW Trading GmbH
- 2020
Merger with GGEW Gruppen-Gas- und Elektrizitätswerk Bergstraße AG; deletion on 11.08.2020