EEX, innogy and Süwag launch enermarket B2B portal for online price comparisons

EEX, innogy and Süwag launch enermarket B2B portal for online price comparisons

The European Energy Exchange (EEX), innogy and Süwag have set up the joint venture - enermarket GmbH. Via the enermarket B2B platform, business customers can quickly and easily find the right power and gas supplier through an independent comparison of offers and, as a result, cut their energy costs in the long run.

So far, finding a new energy provider has been a tedious process for business customers since the contracts are always negotiated bilaterally. After customers have entered information on their industry, i.e. the delivery period and consumption, enermarket will provide a comparison of energy prices and product details for the different suppliers. Customers can then select the most suitable offer and order the product directly from the energy supplier. As a result, this new portal offers small and medium-sized business customers speed and transparency in the procurement process without any additional costs for an energy consultant.

Steffen Köhler, Chief Operating Officer of EEX, explains: “EEX is already well-established as a market operator in the B2B segment. With enermarket, we are extending our offering which brings buyers and sellers together. As the leading European energy exchange, EEX stands for  transparency and independence which the customers expect in their search for the most suitable electricity tariffs. At present, we are working to acquire as many market partners as possible that are willing to offer their products on enermarket so that we can launch the platform in the course of the year. Therefore, we are very pleased to welcome innogy and Süwag as the first big energy suppliers to join this project. “

Markus Lammers, head of B2B Germany at innogy, emphasises the aim of this online portal: “enermarket is the new B2B market platform for energy products with which we will be able to establish a sound position in the B2B online business early on. We have implemented this in line with business customers’ demand for digital solutions and now offer suppliers an efficient sales channel at a national level.”

“With enermarket we are taking an important strategic step for the B2B online business: The new online platform offers customers independent and neutral comparisons of offers. Based on our expertise and our know-how from product development and customer consultancy, we know that transparency is very important for business customers”, explains Mike Schuler, member of the Süwag management board.

 

EEX

The European Energy Exchange (EEX) is the leading energy exchange in Europe which develops, operates and connects secure, liquid and transparent markets for energy and related products. As part of EEX Group, a group of companies serving international commodity markets, EEX offers contracts on Power, Emission Allowances and Coal as well as Freight and Agricultural Products. EEX is part of Deutsche Börse Group.

 

innogy SE

innogy SE is a leading German energy company with sales of approximately EUR 44 billion (2016), more than 40,000 employees and activities in 16 European countries. With its three business fields (grid & infrastructure, sales and renewable energies), innogy SE addresses the requirements of a modern, decarbonised, decentralised and digital energy world. Our 23 million customers are at the heart of innogy’s activities. We want to offer our customers innovative and sustainable products and services which help them to use energy more efficiently and improve their quality of life. Germany, the United Kingdom, the Netherlands and Belgium as well as several countries in Central Eastern and South-East Europe and, in particular, in the Czech Republic, Hungary and Poland are our most important markets. In the field of the generation of renewable power, innogy also operates outside this region with a capacity of 3.7 gigawatts, e.g. in Spain, Italy and the MENA region (Middle East, North Africa). As an innovation leader in important topics for the future, such as e-mobility, we are represented at the international hot spots of the technology industry, such as the Silicon Valley, Tel Aviv, London or Berlin. We combine our energy technicians’ and engineers’ comprehensive know-how with digital technology partners – from start-ups to large corporations.

Süwag Energie AG

Süwag Energie AG is a joint-stock company with municipal participation. Süwag and its subsidiaries supply an area of roughly 5,200 square kilometres across four German federal states: Hesse, Baden-Württemberg, Rhineland-Palatinate and Bavaria. It has a multiregional structure and ensures proximity to its customers through numerous locations – in keeping with the slogan: “Power on my doorstep”. Süwag has around 1,700 employees and trains around 100 apprentices every year. The strategy adopted by Süwag in designing the energy supply for the future is: Making energy greener, more municipal and more digital. More information: www.suewag.com