Sten Rune Kittelsen

Trader: Carbon (EUA/UKA), Bio-Fuels

Oslo, Oslo, Norway

About

* EU & UK ETS professional / Trading / Procurement * 13 years Capital Markets (Equity/High Yield Sell side. * 12 years Maritime Industry, including project finance. * Key qualifications: Relationship Building / Business Development/ Financial Micro to Macro/ Project Finance/ Sector Analysis/ Communication/ Trading

Experience

  • Senior Trader & Market Analyst, Environmental Products at Blue Energy Partners
    Apr 2026 - Present · 3 mos

    Execute trades Manage price risk exposure Track intraday and forward price movements Provide management and clients with reports and analysis that drive demand and supply

  • Supply & Trading EU & UK ETS at World Kinect AS
    Sep 2024 - Mar 2026 · 1 yr 7 mos

    - Execute trades - Manage price risk exposure - Track intraday and forward price movements. - Provide management and clients with ad-hoc reports and analysis that drive demand and supply.

  • Business Development EU ETS for the Industry & Shipping sector for World Kinect Energy Services at World Kinect Energy Services
    Jun 2023 - Sep 2024 · 1 yr 4 mos

    Build & Scale World Kinect Energy`s ETS business. Provide tailor-made procurement strategies, guidance & support on market conditions and pricing, facilitate EUA transactions and ETS Portfolio Management. The EU ETS is a cap-and-trade system that aims to reduce greenhouse gas emissions. Companies covered by the European Union Emissions Trading System are required to surrender a certain number of EU Allowances (EUAs) each year to account for their greenhouse gas emissions. These allowances can be bought, sold, or traded on the market. The price of EUAs is determined by supply and demand, and it can be volatile due to various factors such as changes in regulations, economic conditions, and weather patterns.

  • Private at private
    Sep 2021 - Jun 2023 · 1 yr 10 mos

    Consultant/Freelance: 2022/23: Crown LNG, Oslo. The company targeted several regasification opportunities globally. The project closest to maturity was a gravity-based regasification plant to be located on the East Coast of India. BRYTE BATTERIES, Oslo. New battery technology based on liquid energy storage. Can be used to take pressure of existing grid, heavy transport on land and water. BLISS, Oslo. App/platform towards mental health. My contribution is to proactively identify potential new investors, analyse and establish contact and market the company's potential.

  • Shipbroker at Infinity Shipbrokers
    Mar 2020 - Aug 2021 · 1 yr 6 mos

    Clean Petroleum Product Tanker Specialist. My contribution was business development, identify new opportunities for growth in addition to analyzing markets, dialogue with oil companies and ship owners.