Mercuria CSR Report 2020 - Flipbook - Page 18
GOVERNANCE & ORGANIZATION
and North American wholesale power markets.
| Natural gas and LNG
Across Europe, Mercuria transacts power trading
We are growing our natural gas and LNG activities as
activities with a large set of counterparties. We have
these two sources of energy are increasingly becoming
an asset portfolio of secured transmission rights with
a focus and are becoming more global.
many of the continent’s key interconnectors and own
virtual power plants in Germany and France.
In Europe, we are now a significant participant
in the natural gas wholesale market and have a
In the more recently deregulated East European regions
strong customer base of utilities and large industrial
we work with producers and project developers on the
consumers. To support our trading activities we have a
best ways to optimize output to market.
portfolio of storage and transportation facilities in place
across the continent.
From our United States (US) offices, we have grown
our presence in the North American wholesale power
We similarly expanded our activities across the North
market and we now trade coast to coast in all the major
American wholesale market from our Houston center.
ISO regions. We are active in all aspects of the market
We developed physical supply services to support large
including capacity, transmission and power. We also
scale consumers with the growing volume of available
use our wholesale trading expertise and market access
shale gas.
to support large scale direct customers including
utilities, retail aggregators and merchant generators.
Traditionally, the LNG business has been typified by
large scale point-to-point transactions. However, many
The broad spectrum of wholesale power activities in
customers are recognizing the flexibility of LNG as a
Europe and North America provides synergies with
traded commodity and placing greater reliance on the
other of our activities such as coal, gas and carbon.
spot market. We are ideally positioned to support both
It enables us to reinforce our cross-commodity
ends of the equation.
analytical approach and to facilitate the development
of structured transactions to support our customers.
With our acknowledged trading expertise we provide
wholesale market access to upstream producers and
project developers as well as supplying downstream
customers such as utilities, industrial concerns,
| Base metals, dry bulk commodities
and concentrates
governments and financial investors. We employ a range
of sophisticated tools including spot, forward, swaps
We are developing an integrated platform ranging
and spreads and can tailor structured transactions to
from physical metals sourcing, risk management and
incorporate features such as cross-commodity hedging
trading. We trade copper, aluminum, lead, zinc, nickel
and embedded optionality to better manage market
and tin across the physical and financial hubs of Asia,
risk.
Europe and America.
We trade dry bulk commodities at origin and
| Power
destination. We can combine funding, logistics, storage
and structured pricing options.
We are a significant participant in both the European
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