Boston Energy Trading and Marketing

Boston Energy Trading and Marketing carries a genuine first in its lineage: through Citizens Power in 1989 it obtained the very first FERC power marketing license, a founding moment of the modern deregulated wholesale electricity market.

Now wholly owned by Mitsubishi Corporation as part of its Diamond Generating family, BETM trades wholesale power and financial transmission rights as principal across ISO-NE, MISO, SPP, CAISO and ERCOT, and provides asset management and optimisation for owners of generation and storage in North America. The desk runs its own electric-transmission, gas-network and supply-demand models, a heritage of market infrastructure expertise stretching back more than three decades.