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Energy switching companies usually operate on a commission model, where they are paid a flat fee by a supplier for each customer that they persuade to switch. This has been the cause of some controversy. In order to ensure that advice remains impartial, energywatch, the UK gas and electricity watchdog, operates a voluntary code of conduct. To ...
Central European Gas Hub AG (CEGH, formerly known as Gas Hub Baumgarten) is a natural gas company based in Vienna, Austria. It was founded in 2005 as a subsidiary of OMV Gas & Power GmbH. In December 2009, CEGH, together with Wiener Börse AG, opened the CEGH Gas Exchange Spot Market. The Futures market followed in December 2010.
APX Group (APX) is an energy exchange operating the spot markets for electricity in the Netherlands, the United Kingdom, and Belgium. Established in 1999, APX provides exchange trading, central clearing and settlement, and data distribution services as well as benchmark data and industry indices. APX has over 180 members from more than 15 ...
European Commodity Clearing (ECC) is the leading clearing house for energy and commodity products in Europe and the central clearing house for the Global Commodity Exchange, EEX Group. ECC assumes the counterparty risk and guarantees the physical and financial settlement of transactions, providing security and cross-margining benefits for its ...
Energy customer switching is a concept stemming from the global energy markets. The concept refers to the action of one energy customer switching energy supplier, a switch is essentially seen as the free (by choice) movement of a customer. In addition to that a switch can include: A re-switch: When a customer switches for the second or ...
uSwitch.com was founded by Lord Milford Haven in September 2000 with an initial £4 million investment to take advantage of the UK's deregulated gas and electricity markets. [citation needed] He partnered with Andrew Salmon, [1] [2] and Vipul Amin. [3] The company subsequently expanded into the telephony and communications markets in 2001.
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European Energy Exchange (EEX) AG is a central European electric power and related commodities exchange located in Leipzig, Germany. It develops, operates and connects secure, liquid and transparent markets for energy and related products, including power derivative contracts, emission allowances, agricultural and freight products.