Europe has more trade potential than US

Resumen de Prensa            Enervía, jueves, 24 abril 2003

FUENTE: Platts


European energy companies see more potential in energy trading than their US peers, according to a PricewaterhouseCoopers survey "Movers and Shapers" published Wednesday. 87% of European respondents saw trading as intrinsic to hedging retail
and generation price risk, compared with 66% a year ago. The proportion of companies with separate hedging and speculative
trading activity has almost doubled in a year to 47%, while 34% combined hedging and speculative trading, up from 26% a year
ago. 40% said they wanted to provide risk-management services to others - which could be a fruitful opportunity for larger trading teams, PWC said. Last year, less than two thirds of smaller utilities planned to keep trading in house. PWC cited Austria,
Finland and, Germany, as markets with most potential.