EFET promotes competition, transparency and open access in the European energy sector. We build trust in power and gas markets across Europe, so they may underpin a secure, affordable energy supply and enable the transition to a carbon neutral economy. We represent our member companies' interests by working with decision makers to shape the design of markets, by developing standard contracts which make trading simpler and by developing IT standards to make the exchange of transaction data easier. We represent more than 120 energy trading companies active in over 30 European countries.