Neas Energy A/S, the Danish energy-trading company, hired Jesper Johanson from Deutsche Bank AG as head of short-term buying and selling of power.
Johanson, 29, started at Aalborg, Denmark-based Neas Energy yesterday after leaving Deutsche Bank in London last month, Rasmus Buhl Moeller, a company spokesman, said today by e-mail. He will help the company expand in European intraday and cross-border trading, Buhl Moeller said.
Neas hired four power traders and one natural gas trader last month, seeking growth in markets outside Denmark as the European Commission seeks to boost renewable energy and cross-border trading. The regulator of the 27-nation bloc is seeks to create a single regional power and gas market by 2014.
Johanson has also worked at Danske Commodities A/S as head of power solutions and in short-term trading, Buhl Moeller said.
Neas Energy trades electricity across borders in more than 20 countries, including power in Germany and the Nordic markets, and natural gas in Germany and the U.K. It plans to move into eastern European natural-gas trading, as well as the French electricity market and the Dutch and Belgian markets, Buhl Moeller said in September.