European Electricity Market Trading Volumes

Sales of energy to western Europe are already beginning to contribute to increasing regional prosperity. Whilst EFT delivered considerable quantities of energy throughout 2003 to Western Europe, specifically Austria, Italy and Slovenia, this quantity more than doubled during 2004.

EFT has already led the development of the eligible customer market in Greece, being the first international firm to contract to deliver energy to industry at the frontier, a business that is growing for the group each year with many SEE countries rapidly de-regulating their markets.

During 2005 and the first half of 2006, EFT grew both geographically and in its range of products. Overall turnover in 2005 exceeded EUR 400 MM with 11.9 TWh of energy delivered - what's more, over 60% of sales were in the EU. In 2005, EFT pioneered the Bulgarian market, receiving the first trading licence and winning the first 'qualified' customers.

	EFT is active across a large percentage of the interconnection capacity in south-east Europe and in the past has been notable in finding techniques to bridge the region to the western European electricity zone - a zone disrupted by the break-up of former Yugoslavia. Now that the zones are re-connected, EFT has re-positioned itself to supply its customers' needs from an even wider range of resources across an expanded synchronous territory.
	Sales of energy to western Europe are already beginning to contribute to increasing regional prosperity. Whilst EFT delivered considerable quantities of energy throughout 2003 to Western Europe, specifically Austria, Italy and Slovenia, this quantity more than doubled during 2004. EFT has already led the development of the eligible customer market in Greece, being the first international firm to contract to deliver energy to industry at the frontier, a business that is growing for the group each year with many SEE countries rapidly de-regulating their markets. During 2005 and the first half of 2006, EFT grew both geographically and in its range of products. Overall turnover in 2005 exceeded EUR 400 MM with 11.9 TWh of energy delivered - what's more, over 60% of sales were in the EU. In 2005, EFT pioneered the Bulgarian market, receiving the first trading licence and winning the first 'qualified' customers.