Centrica wins balancing & trading contract for 469 MW of solar power in Denmark

Centrica Energy Marketing & Trading (EM&T) has won a 2-year contract for balancing and trading of 469 MW renewables capacity (predominantly photovoltaic and some hydro and wind) installed in homes and businesses across Denmark under the offtake obligation subsidy scheme. The contract was awarded in a tender offered by the Danish Transmission System Operator “Energinet” to Centrica EM&T’s Danish based subsidiary Neas Energy.