Syneco Trading

Syneco Trading GmbH is a German energy trading company founded in 1999 and headquartered in Munich. It operates as a subsidiary of Thüga AG, the largest municipal network of local and regional energy and water utilities in Germany. Syneco positions itself as a partner to energy suppliers, offering services along the daily trading workflow: balancing group management, generation marketing, flexibility marketing, market access, portfolio management and sales support. The company serves more than 120 customers, primarily municipal utilities and energy suppliers in Germany. Syneco's service portfolio covers the operational and strategic needs of energy trading. Its balancing group management provides 24/7 availability and reliable forecasts. Flexibility marketing uses a multi-market approach to monetise flexible assets. Market access services enable efficient procurement and marketing. Portfolio management offers digital control of procurement and sales portfolios with transparency and risk control. Sales support combines digital tools with personal consulting. A key element of Syneco's offering is Synection, a modular SaaS platform for energy trading processes. Synection bundles procurement, schedule and balancing group management, marketing and reporting into one system. It includes an offer cockpit for creating and managing offers, SynFolio for portfolio risk management, and market news for staying informed on trends and regulatory updates. The platform is designed to be efficient, transparent and modular, allowing clients to select and expand modules as needed. Syneco also operates greenxenergy, a customer portal for direct marketing of renewable energy. The portal centralises data and documents for wind and solar assets, supports full and surplus feed-in, and offers PPA services for long-term price hedging. Through greenxenergy, Syneco supports the integration of renewable energy into the market. As part of the Thüga Group, Syneco benefits from the strength of a network that supplies around 4.5 million electricity customers, 2 million gas customers and 1 million water customers in Germany. Thüga has been active in the municipal sector since 1867 and holds minority stakes in around 100 municipal energy and water companies. This backing provides Syneco with stability, exchange and investment capacity, which it combines with its own trading expertise to make energy and commodity markets more transparent and predictable for its clients.

Syneco Trading was founded in 1999 with the aim of providing energy suppliers with reliable orientation and effective solutions in a dynamic market environment. From the beginning, the company focused on efficient energy trading, transparent processes and partnership-based service. Over the years, it has established itself as one of the leading energy trading houses in Germany, serving more than 120 customers. A significant development was its integration into the Thüga Group. Syneco is a subsidiary of Thüga AG, which has been rooted in the municipal sector since 1867 and holds minority stakes in around 100 municipal energy and water companies across Germany. This affiliation provides Syneco with the stability and reach of Germany's largest municipal network of local and regional energy and water utilities. In response to the digital transformation of the energy industry, Syneco developed Synection, a modular SaaS platform that bundles procurement, schedule and balancing group management, marketing and reporting. The platform includes tools such as the offer cockpit, SynFolio for portfolio risk management, and market news. Syneco also launched greenxenergy, a customer portal for direct marketing of renewable energy, supporting wind and solar assets and offering PPA services. Today, Syneco continues to support municipal utilities and energy suppliers with a combination of digital tools and personal consulting, helping them navigate increasingly complex energy markets and the energy transition.

• 1999

  Syneco founded to provide energy trading services to energy suppliers in Germany.

• Became a subsidiary of Thüga AG, part of the Thüga Group.

• Launched Synection, a modular SaaS platform for energy trading processes.

• Launched greenxenergy customer portal for direct marketing of renewable energy.

Partner to municipal energy utilities, combining trading expertise with the strength of the Thüga Group to make energy and commodity markets more transparent and predictable.

• Synection

  Modular SaaS platform for energy trading processes, bundling procurement, schedule and balancing group management, marketing and reporting. Includes offer cockpit, SynFolio portfolio management, and market news.

• greenxenergy

  Customer portal for direct marketing of renewable energy, supporting wind and solar assets, full and surplus feed-in, and PPA services.

1. 1Syneco – Ihr Partner für Energiehandelsyneco.net
2. 2Synection - Die intelligente SaaS-Energieplattformsyneco.net
3. 3Über uns - Gemeinsam Zukunft schaffensyneco.net
4. 4greenxenergysyneco.net
5. 5Syneco Trading - Wikidatawikidata.org