Danske Commodities hires new VP for Asset Management
Danske Commodities has hired experienced industry profile Mikkel Hesselbæk as Vice President, Head of Asset Management effective as of 1 September 2026.
Mikkel Hesselbæk brings 20 years of experience from power markets and asset management, most recently as Head of Optimisation Portfolio Management at Centrica Energy. Prior to this, he has held senior roles at Vattenfall, in the utility sector and as an independent power market advisor.
At Danske Commodities, Mikkel Hesselbæk will be responsible for the energy trader’s sizeable asset portfolio, covering renewable technologies like wind, solar and hydro and flexible technologies like batteries, power-to-X and combined heat and power (CHP).
“We’re happy to announce Mikkel Hesselbæk as our new VP for Asset Management. As responsible for Danske Commodities’ portfolio of renewables and flexible assets, Mikkel and his portfolio teams play an important part in optimising the production and consumption of power in Europe’s energy system, and we look forward to welcoming Mikkel’s extensive experience with asset management,” said Henrik Tveteraas, Senior Vice President, Head of Short-Term Trading & Asset Management at Danske Commodities.
As Head of Asset Management, Mikkel Hesselbæk will take overall leadership of three portfolio teams, covering renewable assets, flexible assets and operations.
"Balancing and optimising physical assets in short-term power markets is becoming more complex. Danske Commodities' market-leading solutions enable us to create real value for customers – and I'm thrilled to be part of it," said Mikkel Hesselbæk, new Vice President, Head of Asset Management at Danske Commodities.
Danske Commodities’ contract portfolio currently consists of 17 GW of power from renewables and flexible assets.
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