Danske Commodities
 | |
| Industry | Energy |
|---|---|
| Founder | Henrik Lind |
| Headquarters | Aarhus, Denmark |
Key people |
Dirk Mausbeck (CEO) Peter L. Ravn(Chairman) |
| Products | Power trading, Gas trading and Climate Markets trading |
| Revenue | EUR 1,932 billion (2013)[1] |
| EUR 41 million (2013)[1] | |
Number of employees | > 350 (November 2013) |
Danske Commodities (dc) is an international trader of energy-related commodities such as electricity, gas and climate market products. The company is domiciled in Aarhus, Denmark, and currently employs over 350 people.
History
Danske Commodities was founded in 2004 by Henrik Lind and was registered on 23 September 2004.[2]
The company’s activities began by trading electricity across the border between Germany and Denmark, with the first trade implemented on 1 November 2004.
Having started out with trading on the ‘Day Ahead’ power market, dc moved into the intraday power trading market in the summer of 2007. In 2009, gas trading and wholesale services (including risk & portfolio management for companies and suppliers) were added to the company’s business activities.
In 2010, the number of employees had doubled[1] from 30 to 60, with carbon trading added to the company’s activities. In 2011 the company added renewables and accreditation services.
2012 saw the acquisition of a cogeneration plant at the Technical University of Denmark, north of Copenhagen.
In March 2013, dc announced the formation of a new Board, chaired by founder Henrik Lind. In August 2013 dc opened its office in Hamburg.
October 2014: dc is active in over 33 European countries and employs over 350 people.
Business areas
Danske Commodities is organised into four main business areas:
- Power - trades electrical power in over 30 markets, 24 hours a day, 365 days a year. The company trades with power plants, utilities and trading houses and specialises in sustainable energy and emerging markets.
- Gas - offers both physical and financial products, including gas transport, wholesale trading and storage. Structured products include swing supply, fixed supply and market access, and gas is traded in an international network of more than 80 trading partners.
- Certificates - facilitates green accreditation and offers certificates trading (including GOs, LECs and power certificates) and access to certificates across Europe in order to meet the demand for accreditation among power companies, wind farms, energy producers and trading houses.
- Services - offers customer services related primarily to portfolio management. Product development services include profile pricing, investment strategies, output and consumption load-balance management. The company also offers Power Purchase Agreements and structured gas contracts tailored to the risk profiles of gas suppliers.
Notes
- ↑ 1.0 1.1 1.2 "Annual Report 2013". Danske Commodities A/S. Retrieved 27 March 2014.
- ↑ "Danish company registration database". Erhvervs- og Selskabsstyrelsen. Retrieved 29 August 2011.
External links
Coordinates: 56°8′58.61″N 10°12′23.99″E / 56.1496139°N 10.2066639°E