Danish market entry services provider Time2Market has announced a new partnership with METLEN Energy & Metals’ energy trading subsidiary, MITCO. This strategic collaboration is set to provide energy trading firms with expedited access to global markets, aiming to cut down the time-intensive administrative hurdles that often impede swift market entry.
METLEN Energy & Metals, a global leader in energy efficiency solutions, is strengthening its operational strategy through this partnership with Time2Market. The alliance reflects a growing trend in the energy trading sector, where firms increasingly outsource administrative and market-entry procedures to specialised service providers. Time2Market, with its extensive track record across more than 90 power and gas markets worldwide, stands out as a trusted partner, known for its capacity to significantly accelerate market entry timelines.
According to Eszter Pontenagel, CEO of Time2Market, energy trading companies attempting to break into new markets often underestimate the complexities involved, leading to delays and missed revenue opportunities. “Typically, it takes around 9-12 months for energy trading firms to enter a new market when going solo. With our proven approach, we help them gain market access within 3-5 months, leading to faster revenue generation and more trading opportunities,” Pontenagel explains.
Over the past two years, Time2Market has secured agreements with more than 30 energy trading firms worldwide, helping them establish footholds in both European and American markets. The latest partnership with METLEN and MITCO highlights Time2Market’s effectiveness in supporting rapid and efficient market entry, a service that increasingly appeals to energy firms focused on scaling operations without being bogged down by regulatory complexities.
“Each market has its own regulatory framework, and when companies aim to enter multiple markets, the challenge multiplies,” Pontenagel continues. “Our experience allows us to streamline these processes, cutting months off the typical market access timeline. This is why more energy trading firms are choosing Time2Market to handle these complex tasks.”
Time2Market’s clientele includes a diverse array of energy trading companies, hedge funds, and investment banks, all of whom benefit from its in-depth regulatory knowledge and market access expertise. By delegating the administrative and compliance processes to a specialised team, energy firms can focus on core trading activities while simultaneously gaining swift entry into new markets.
The partnership with MITCO is expected to position both METLEN and its subsidiary as more agile players in the competitive energy trading space, particularly in Europe and North America. As companies continue to recognise the value of outsourcing market entry, collaborations like these are likely to reshape the dynamics of the energy trading sector.