Sempra Energy Europe Limited (SEEL) European Power Trading UK Power SEEL entered the UK market in wholesale power trading and marketing in 2001, after the introduction of the New Electricity Trading Arrangements (NETA) in the UK. Since then, SEEL has established itself as one of the leading trading entities in this market. SEEL's continuing success is achieved by an approach which is both innovative and creative, and which appeals to the widest possible spectrum of the industry.

SEEL's UK power trading desk is part of a centralised power trading team covering most countries in Scandinavia, Western Europe, and Central Europe. This allows SEEL to offer customised cross-border risk management for our customers.

SEEL seeks to continue its successful growth in the UK wholesale power, green power and emissions markets, and enthusiastically welcomes new challenges and business opportunities.

Continental European/Scandinavian Power

Since SEEL's incorporation in 1999, it has had a strong presence in the liberalizing energy markets across Europe. SEEL actively trades in all major liberalized energy markets, including Germany, Austria, France, Italy, Belgium, the Netherlands, Spain, and all Scandinavian countries.

Due to SEEL's involvement in many European energy markets, it has early realized the importance of interconnections and the physical links of the European grid. Accordingly, strong capabilities in acquiring and trading capacities have been built within the company.

Besides having an active presence in liberalized energy markets, SEEL also established a virtual transmission network in liberalizing countries, including the Czech Republic, Poland, Slovakia, Bulgaria, Greece, Hungary, Slovenia, Croatia, Serbia, Bosnia and Russia. Those links have enabled SEEL to strengthen its position in the market and to help its customers to achieve their goals in the most effective and efficient way.

SEEL's trading activities are documented by its strong trading volume of 1.3 TWh per day with over 200 counterparties, which makes SEEL one of the largest players in Europe. SEEL's trading team prides itself with having first class counterparty relations in the industry. A wide range of structured products can be priced efficiently for customers by SEEL's experienced trading and pricing team and quotes for day-ahead structures are usually provided instantly.

SEEL has actively been trading and making markets in OTC options for several years and is a liquidity provider in the European option markets. In addition, SEEL is active in pricing and structuring cross-commodity swaps and tolling arrangements.