Abbreviation EFET Headquarters Amstelveenseweg 998 | Type association Location Amsterdam, Netherlands | |
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Formation 1999; 18 years ago (1999) Purpose to promote and facilitate European energy trading in open, transparent and liquid wholesale markets | ||
The European Federation of Energy Traders (EFET) is an association of European energy traders in markets for wholesale electricity and gas. EFET was founded in 1999 in response to the liberalisation of electricity and gas markets within the European Union. EFET advocates policies and regulatory measures which allow electricity and gas trading to develop freely while encouraging good risk management practices and responsible corporate governance. In its role as a standard setting body, EFET aims to provide standard solutions to common aspects of wholesale energy transactions, such as contracting and data exchange.
Members
As of January 2014, EFET had a total of 126 member companies, of which 37 were associate members.
References
European Federation of Energy Traders Wikipedia(Text) CC BY-SA