Energy traders must adapt or die, warns E.on risk head

Recession, regulation and renewables are main worries, says Port

Renewables: a challenge for energy traders, says Port

Energy traders are operating in a changed environment under difficult circumstances and must adapt quickly if they want to survive, declared David Port, Düsseldorf-based chief risk officer of E.on Global Commodities, the trading unit of German utility E.on.

Speaking during a keynote address to Energy Risk Summit Europe in London on October 1, Port noted that the energy trading landscape has shifted dramatically in the past few years, with lower liquidity, lower volatility and additional costs