Axpo Benelux

🔥 What’s heating up in the #EnergyMarkets?   July brought up the heat — literally and figuratively. As Southeast Europe sizzled under high temperatures 🌡️, cooling demands skyrocketed, driving #power prices to new heights ⚡. But that’s just part of the story:   ➡️ High temperatures in northeast Asia boosted energy demand and, in turn, coal prices due to China's pivotal role in global coal markets ⛏️. ➡️ European #LNG supply remains stable but poses a bullish risk due to high import dependence. ➡️ Strong French nuclear production, along with robust hydropower output in Switzerland and the Nordics, provided upward system flexibility and prevented further price increases. ⚛   Read the key insights by Andy Sommer, Head of Fundamental #Analysis, #Modelling & #Meteorology, and his team in the August edition of the European Energy Markets Monthly.   #Axpoanalysis: https://lnkd.in/er-EuY4A   #energyanalysis #electricitymarkets #marketanalysis

⛵ Tough times build even greater experts. ✒ Last year some normality returned to European #energymarkets after the extremes of 2022. But, with bursts of volatility and insufficient liquidity, they remained challenging for suppliers and consumers alike, writes Risk.net 💬 In this extensive Energy Risk interview, #Axpo executives from across Europe discuss recent challenges in different regions. Our experts Domenico Franceschino, Ignacio Soneira, Steven McCarthy, Michiel Rutgers, Simone Rodolfi and Manuel Previato reflect on specific market issues, stand-out deals and regional business performance. 💡 And above all, the innovative and bespoke ways in which Axpo was able to support clients in the toughest of times. 🔗 If you were wondering how we bring competitive pricing and liquidity #natgas and #power markets, read on! ➡ https://lnkd.in/eAPm-jHj

Axpo Wins ‘Renewables Firm of the Year’ at Energy Risk Awards 2024! 🏆 We're delighted to have been named #Renewables Firm of the Year at the #Energy Risk Awards 2024! Special thanks go to all our clients. Together, we worked closely to complete the power purchase agreements (#PPAs) which make such a key contribution to realising new renewable energy projects across Europe. This prestigious award further demonstrates Axpo’s dedication to #sustainability and #innovation. 🌱⚡️ Standout moments include: 🚀 Completing the first-ever PPAs in Greece, Croatia, and Slovenia. 💡 Enabling the rapid development of projects in regions with illiquid power markets, by providing essential funding. 🌞 Signing groundbreaking PPAs and generating substantial green electricity and significantly reducing CO2 #emissions. "I’d like to thank everyone who made these long-term PPAs possible. They have revolutionised the development of renewable plants, especially where markets are not yet mature, and given companies across Europe the opportunity to buy #green power, some for the very first time. I’m particularly proud that so many of the solutions we develop demonstrate the creativity of our hard-working teams." said Domenico Franceschino, Axpo’s Head of Origination West & East Europe. 🔗 Read the full interview https://lnkd.in/eS3f4Xdy Working together with our clients and partners, Axpo takes an innovative approach to tackling the complexity of the market, supporting our partners and clients in achieving their #sustainability goals while effectively managing risk. 🌟 Thanks to all the #Axpo team, our partners and clients, and everyone who supports the journey to a greener future. Together, we’re setting the pace for renewable energy in Europe! 💚🌍 #RenewableEnergy #Sustainability #Innovation #EnergyRiskAwards #GreenEnergy

🍅 🥒 🥕 Growing business: helping French greenhouse farmers. Dependent on government support for their energy needs, greenhouse farmers in France have struggled to maintain profitability and plan their future activities. As subsidies for cogeneration are gradually set to be phased out by 2030, Axpo France has stepped in to offer long-term fixed-price energy contracts that secure the farmers’ future by hedging against volatile markets. In a nutshell 👇🏼 1️⃣ Running a greenhouse is an expensive endeavour, requiring around 400 kilowatt-hours (kWh) of heat for each cubic meter. 2️⃣ Since 2020, #natgas prices, ranging from €30 to €150 per megawatt-hour, have significantly impacted farmers' production costs. This caused energy costs to vary from as low as €0.7 to as high as €3.5 per kilogram. 3️⃣ #Axpo enabled farmers to lock in fixed energy prices for periods ranging from 5 to 10 years. We offered an innovative way to secure prices for both the gas they consume and the electricity they produce with cogeneration. 4️⃣ "Partnering with Axpo has transformed our operations. Thanks to fixed energy prices, we can plan our production without the fear of volatility" said Anne Claire GOYER from Le Potager de Jade. 5️⃣ Our strategic focus on risk management is transforming agricultural energy management for French greenhouse farmers. Axpo is softening the economic impact of the gradual phase-out of subsidies and promoting greater long-term financial stability and independence. 🔗 Read the story of this innovative partnership: https://lnkd.in/emnETEGc © 📸 Emeline Boileau 📷

📊 Good half-year results posted this morning. As market normality returned between 1 Oct 2023 – 31 March 2024, hashtag #Axpo's strategy continued to deliver results. ✅ all business areas achieved positive earnings. ✅ equity, liquidity and financing were further strengthened. ✅ we continued to make a significant contribution to hashtag #securityofsupply. 🔎 Outlook: given the global political situation, markets remain unstable and future developments uncertain. Despite these challenges, we are making good headway and will continue to successfully implement our diversified business strategy. 🙏🏼 Thank you to our now 7,000+ colleagues as well as our clients, shareholders and partners! We look forward to working with you to enable a sustainable energy future. The most important numbers in a nutshell. 👇🏼 Press release ➡ 🔗 https://lnkd.in/et9mVdRk

🌬 While we live and breathe #windenergy, it's not every day we get to see inside the tower of a wind turbine.    🗺 So our Axpo Benelux, Axpo Group & Axpo Deutschland colleagues were beyond excited to visit the Port of Antwerp-Bruges, one of Europe's largest, where they saw first-hand 29 wind turbines producing the green energy that many of our partners use for their daily activities.   🙏🏼 Huge thank you to Wind aan de Stroom for explaining the nitty-gritty of building and operating a modern wind park. Thanks to #PowerPurchaseAgreements, the energy produced here is supplied to several manufacturing sites, including Borealis and INEOS, supporting their sustainability objectives.    #Axpo team: Jeremiah Tops, Kateryna Somyk, Wendy Federici, Johannes Pretel, Joanna Juszczak, Simone Ontyd, Nizar YOUNES, Roberto Frassanito 

🏭 Always a privilege to see how our #energysolutions bring manufacturing to life.    Axpo Group management and our Axpo Benelux colleagues visited an AGC Group factory in Moustier, Belgium, and learned first-hand about manufacturing top-notch products used in our everyday lives.   🌟 A world leader in flat glass, AGC produces, processes and distributes glass for the building, automotive, solar and high-tech industries.    🤝 Axpo has been supplying power to AGC - one of our first partners in Belgium - for 10 years. AGC and our Origination specialists constantly expanded their collaboration and now work together across several other European countries.    🙏🏼 Thank you for the warm welcome, insightful tour and terrific hospitality, Denis Ramboux, Eric Van Craeymeersch, Simon Jonet, Philippe Laszlo & Philippe Debatty on behalf of our #Axpo team: Christoph Brand, Domenico De Luca, Harald Gauck, Henriette Wendt, Domenico Franceschino, Joanna Juszczak, Nizar YOUNES, Kateryna Somyk, Aymeric Sire, Jeremiah Tops.   We look forward to continuing our collaboration!  

🚢 An important contribution to the green transition in the #AntwerpPort area. ❓ How? #Axpo and chemicals manufacturer INEOS Oxide in Belgium signed a 5-year corporate #PowerPurchaseAgreement, covering 12MW of wind energy. The deal at a glance 👇🏼 ➡ Axpo is delivering 30 GWh of wind power annually.  ➡ This corresponds to an annual consumption of ∼7,500 households, saving 11,000+ tonnes of CO2 emissions a year.  ➡ The wind energy comes from turbines on the left bank of the Port of Antwerp-Bruges, owned by Wind aan de Stroom. 💬 "#PPAs not only advance the #energytransition, one megawatt at a time, but also ensure price stability, protecting companies against the huge price swings we’ve seen in recent years.” said Senior Originator Jeremiah Tops. 🔗 https://lnkd.in/dxbSWDh6 📸 Port of Antwerp - © Wind aan de Stroom

🌟 We are proud to announce our 🥇 #2 place in #powertrading at the 2024 Energy Risk Commodities Rankings!   💬 "We welcome our clients as partners, offering bespoke risk management solutions that ensure we can navigate complexities together, and that we are able to meet their evolving needs." states Domenico De Luca, Head of Trading & Sales.   In addition, Axpo took the leading position in the "Attributes" category, evaluating critical elements such as pricing, reliability, flexibility, integrity, speed of execution and market knowledge, underscoring our excellence in providing top-notch service.   🤝 We extend our sincere thanks to our devoted team and our valued clients for their support!   #EnergyTrading #CommoditiesTrading #EnergyRiskCommodityRankings2024 #Axpo

The countdown to #EWorld2024 in Essen continues and we’re looking forward to discussing trends and key developments on the #energy markets as well as your organisation’s needs, questions and challenges.   📅 Date: 20-22 February 2024 📍 Where: Hall 3 booth 236   Jeremiah Tops, Kateryna Somyk, Tanguy Limpens, Nizar YOUNES and our team of 100+ Axpo Group experts across Europe look forward to catching up with you on innovative energy solutions, #powerpurchaseagreements, #renewableenergies and much more! Do make sure to get in touch with us and stop by for a coffee. ☕