Change has always made way for opportunities, and when the UK electricity market moved from public ownership and into private hands significant changes were made that created a more competitive market base. Balancing and settlement rules retain a secure and reliable electricity system, but recent flexible governance has helped all market participants new and existing.

TGS has been trading power derivates for some time and have now entered the physical power markets. CEO Martin Lonergan comments ‘given the interaction between gas, emissions and power we have uniquely strong cross commodity capabilities based on our trading presence in all related markets. The market for power is more attractive the more players participate given the opportunities that exist. We intend to exploit our relationships with large metal producers throughout Europe to develop our ability to supply energy.

TGS wish to play our part in attaining the EU goal of a 20 percent renewable energy share in the Union’s energy consumption by 2020.