About VECO Power Trading
VECO is a trading firm that specializes in trading short-term electricity in domestic power markets. It supports electricity markets through sound investment and trading. The company was founded in 2014 and is based in McLean, Virginia.
Latest VECO Power Trading News
Oct 13, 2023
News provided by Share this article Share toX NEW YORK, Oct. 13, 2023 /PRNewswire/ -- The electricity trading market is expected to grow by USD 111.34 billion from 2022 to 2027, according to Technavio. In addition, the growth momentum of the market will progress at a CAGR of 6.56% during the forecast period. To find a preview of the market overviews, market drivers, opportunities, and potentials request free sample report Electricity Trading Market 2023-2027: Company Analysis Technavio has announced its latest market research report titled Global Electricity Trading Market 2023-2027 The electricity trading market is fragmented due to the presence of many global and regional players. The market comprises category-focused, industry-focused, and diversified companies. The global off-grid electricity trading market is expected to grow rapidly during the forecast period due to the rise in company collaborations. Hence, the competition among companies is expected to intensify during the forecast. The report analyzes the market's competitive landscape and offers information on several market companies. BP Plc, Deutsche Borse AG, Equinor ASA, Euronext N.V., Fortum Oyj, Intercontinental Exchange Inc., Japan Electric Power Exchange, NTPC Ltd., Power Exchange India Ltd., Tata Power Co. Ltd., Vattenfall AB, Axpo Holding AG, Energy Trading Co. Sro, Indian Energy Exchange Ltd., JSW STEEL Ltd., Manikaran Power Ltd., Next Kraftwerke GmbH, PTC India Ltd., Statkraft AS, and VECO Power Trading LLC Major Companies and Key Offerings: Deutsche Borse AG- The company offers Electricity trading services under the subsidiary European Energy Exchange AG. Equinor ASA - The company offers flexible industrial packaging applications such as Pet food and care, fresh food, home and personal care, and dry and frozen food, and beverages, under the subsidiary of Mondi plc. Electricity Trading Market 2023-2027: Segmentation Analysis By Type The day-ahead trading segment is estimated to witness significant growth during the forecast period. Day-ahead trading refers to day-ahead electricity transactions conducted on exchanges such as the Paris European Electricity Exchange, ViennaEXAA Energy Exchange, or OTC Trading through signed contracts. Day-ahead trading are voluntary, financially binding exchange of electricity in which sellers and buyers exchange an amount of electricity needed for the next day. By Geography APAC is estimated to contribute 39% to the growth of the global market during the forecast period. Europe is also a region that offers important growth opportunities to manufacturers, it is among the three biggest markets of electricity trading in the world. In Europe, there are many associations of energy traders that guarantee a level playing field for electricity prices. Other regions include Europe, North America, South America, and Middle East and Africa To know additional highlights and key points on various market segments and their impact in coming years, Get Free Sample Report. Imperative Insights on the following aspects: What was the size of the global electricity trading market by value? What will be the size of the global electricity trading market in 2027? How has the industry performed over the last 5 years? What factors are affecting the strength of competition in the global electricity trading market? What main segments make up the global electricity trading market? Related Reports: The advanced energy storage systems (AESS) market size is estimated to grow at a CAGR of 8.52% between 2022 and 2027. The market size is forecast to increase by USD 6,703.96 million. The agricultural wind turbine market size is estimated to grow at a CAGR of 3.55% between 2022 and 2027. The market size is forecast to increase by USD 1,086.23 million. Electricity Trading Market Scope Key companies profiled BP Plc, Deutsche Borse AG, Equinor ASA, Euronext N.V., Fortum Oyj, Intercontinental Exchange Inc., Japan Electric Power Exchange, NTPC Ltd., Power Exchange India Ltd., Tata Power Co. Ltd., Vattenfall AB, Axpo Holding AG, Energy Trading Co. Sro, Indian Energy Exchange Ltd., JSW STEEL Ltd., Manikaran Power Ltd., Next Kraftwerke GmbH, PTC India Ltd., Statkraft AS, and VECO Power Trading LLC Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Contents About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts
VECO Power Trading Frequently Asked Questions (FAQ)
When was VECO Power Trading founded?
VECO Power Trading was founded in 2014.
Where is VECO Power Trading's headquarters?
VECO Power Trading's headquarters is located at 1600 Tysons Boulevard, McLean.
What is VECO Power Trading's latest funding round?
VECO Power Trading's latest funding round is Unattributed.
How much did VECO Power Trading raise?
VECO Power Trading raised a total of $23.1M.