Back

EDF Trading signs power services Energy Management Agreement


EDF Trading and Raven Power Marketing, a subsidiary of Raven Power Holdings LLC have signed an Energy Management Agreement for the recently acquired Maryland Clean Coal portfolio.

The agreement is to provide services for the Brandon Shores Energy Center, the H.A. Wagner Energy Center and the C.P. Crane Energy Center in Maryland. These coal-fired generation facilities total over 2,600 MW. EDF Trading will provide power marketing and scheduling services as well as assisting with fuel management and portfolio optimization.

“EDF Trading manages over 23,000 MW of generation assets in the North American energy sector. We welcome the addition of the Raven Power generation facilities and look forward to developing our relationship”, said Cody Moore, Head of North American Power at EDF Trading.

“Because of the strong platform we have in place, we are able to offer our management services across multiple commodities for a diverse generation mix. We’re delighted to be working with Raven Power”, said John Rittenhouse, Chief Executive of EDF Trading.

EDF Trading is one of the leading participants in the North American power market. It operates upstream in power generation, midstream with optimization and market making and downstream with supply to retail aggregators and large industrial consumers.

For further information, please contact:
EDF Trading
Michele Reid, Head of Communications
Tel: +44 (0) 20 7061 4232
Email: michele.reid@edftrading.com


About EDF Trading
EDF Trading is a leader in the international wholesale energy markets. It has its own portfolio of assets which give it the ability to source, supply, transport, store, blend and convert physical commodities around the world. These capabilities enable EDF Trading to deliver essential asset optimisation services, risk management and wholesale market access to the EDF Group and its third party customers, helping them to realise the value inherent in their asset portfolios.

EDF Trading is one of the largest participants in the global power, gas, coal, freight and environmental products markets. It is one of the top buyers of carbon credits from global CDM projects and has one of the most mature portfolios in the market. It is the largest importer of coal into Europe, a pioneer in the biomass market, a recognised leader in weather derivatives, one of the largest providers of market services to the wholesale gas and power sectors in North America with 23,000 MW of generation under management and the leading electricity trader in Europe.

EDF Trading is a 100% owned subsidiary of EDF, Europe’s leading electricity producer, a major player in renewable energies, a significant participant in the worldwide revival of nuclear energy with a growing presence in the natural gas industry.

For more information on EDF Trading, please visit www.edftrading.com.