Members M
| Member |
| Macquarie Bank Limited |
| Mercuria Energy Trading SA |
| Metsä Board Oyj |
| Metsä Fibre Oy |
| MFT Energy A/S |
| MINT S.A. |
| Mjölby Kommun |
| MM Kotkamills Boards Oy |
| Modity Energy Trading AB |
| Moorland Trading Ltd |
| Motala Kommun |
| MVV Trading GmbH |
| Mälarenergi AB |
| Mölndal Energi AB |
| MWH Energy B.V |