Respect Energy has been accepted into the structures of the European Federation of Energy Traders (EFET), an organisation of leading European energy trading companies.
Respect Energy joined EFET in January as an Associate Member. The European Federation of Energy Traders (EFET) was established in 1999 with the aim of improving the conditions for energy trading in Europe and promoting competition, transparency and open access in the European energy sector. The organisation pursues its objectives by developing and maintaining standard wholesale supply contracts and standardizing related transaction and business processes.
EFET is a non-profit, international organisation characterized by openness and impartiality in its activities. Its committees and working groups allow member companies to engage in dialogue to develop new regulations and common positions related to the situation on the European energy market.