Centrica expects higher activity from increased prices

High prices on power and gas yield great volatility for trading companies to exploit. They have also helped boost investments within renewable energy and power purchase agreements, with Centrica Energy Trading expecting to expand its leading position.

Photo: PR Centrica Energy Trading

In 2020, Centrica Energy Trading was involved in around 20 percent of the corporate power purchase agreements (CPPAs) made in Europe. The company expects to be able to sign even more PPAs in the current year, which is due to a number of trends that have pushed the market forward.

Compared to last year, 2021 has seen some significant changes. One is that the coronavirus pandemic has started to flare up again, another is a major political push toward a more green agenda.

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