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Drei Mitarbeitende von EWE TRADING sitzen in einem Besprechungsraum und halten ein Meeting

Discover our mission, figures and people – this is EWE TRADING

EWE TRADING is your reliable partner for professional energy trading, direct marketing and tailored energy services. A wholly owned subsidiary of EWE AG, the company was founded in 2012 and is headquartered in Bremen. Since then, we have built a strong credit profile and now coordinate all of the EWE Group’s energy trading activities from a single centre. Our services include portfolio optimisation, balancing group management, direct marketing of renewable energy, PPAs and flexibility solutions. 

EWE TRADING – Key figures (2024)

13bn. €

trading turnover

670TWh

natural gas trading volume

90TWh

electricity trading volume


A strong energy foundation for our clients  
Mitarbeitende bei der Arbeit bei EWE TRADING

With many years of experience in electricity, natural gas and renewables trading as well as deep knowledge of European wholesale markets, EWE TRADING GmbH provides reliable trading and marketing solutions for municipal utilities, energy suppliers, energy producers and industrial companies. As a partner along the energy value chain, EWE TRADING develops tailored models of cooperation – from balancing group management to eco-power marketing. Active client management with dedicated contacts, clear accountability, excellent availability and short response times form the basis for lasting partnerships. Sound advice and swift support make EWE TRADING a trusted name in the energy market.

In short: We trade. Together. For today – and for what’s next.

Meet our Managing Directors

Foto von dem Geschäftsführer Carsten Münch

Carsten Münch

After completing a degree in electrical engineering at RWTH Aachen, Carsten Münch began his energy-sector career in 1998 at the same time as the liberalisation of the German energy market. He has since held positions at international energy companies in London, Frankfurt, Essen, Amsterdam, Zurich and Düsseldorf. Initially active in energy trading, he later focused on origination for electricity, natural gas, coal and cross-commodity products. In asset development, he managed power-plant and gas-storage projects for Nuon. Most recently, he spent almost ten years as Managing Director of Axpo Deutschland. Since 2023, he has served as Managing Director of EWE TRADING GmbH, with responsibility for Market operations.

Foto von dem Geschäftsführer Dr. Thomas Rupp

Dr. Thomas Rupp

Following a doctorate in economics, mathematician Dr. Thomas Rupp entered the energy sector in 2009. His first position was as a specialist at EnBW in the interface between sales and trading, with a focus on pricing and valuation. From 2011, he helped establish the newly founded Total Energie Gas, where he developed risk management, pricing and IT functions and went on to lead several departments. In 2018, he joined EWE TRADING GmbH as Director of Risk Management, responsible for market, credit and liquidity risks as well as contract management. Dr Rupp was appointed Managing Director in 2022 and is responsible for Market Support.

Market access

  • EPEX SPOT
  • Nord Pool
  • ICE
  • EEX
  • CME