Energy Trading and Market Operations

Energy trading involves buying and selling electricity across specialized markets to optimize costs and generate profits. This process includes participation in various markets—such as spot, futures, and forward markets—often extending to cross-border transactions. By balancing supply and demand, energy trading ensures price stability and market efficiency.

Our Trading and Operational Management

Our energy trading and operational activities combine strategic and tactical processes to enhance efficiency, profitability, and compliance in energy transactions. Key activities include:

  • Demand and Supply Balancing: Ensuring effective use of generated energy and managing fluctuations in demand.
  • Real-Time Pricing: Engaging in energy markets to reflect real-time pricing based on supply and demand.
  • Risk Management: Using futures and forward contracts to hedge against price volatility.
  • Portfolio Optimization: Balancing purchases and sales to maximize returns and reduce risks.

Market Analysis and Operations

Our activities span various trading platforms with distinct characteristics. Essential stages include market analysis, forecasting, and adapting to market conditions. We rely on both short-term (spot) and long-term contracts (futures/forward) to support flexible and stable pricing, hedging, and cross-border trade efficiency.

Wholesale Energy Market Components

Photovoltaic Green Project operates within the structured Romanian wholesale energy market, which includes:

  • Day-Ahead Market (DAM): Firm daily transactions for the next day’s energy delivery.
  • Intraday Market (IDM): Adjusting portfolios based on real-time production and demand needs.
  • System Services Market: Ensuring National Energy System stability and quality.

Advanced Market Insights and Cross-Border Transactions

Our team continuously monitors and analyzes market trends, supply-demand dynamics, weather, regulations, and geopolitical events, using forecast data for both regional (SEE) and long-term (10-year) market projections.

Financial Instruments for Risk Management

We utilize financial derivatives such as futures, forwards, options, and swaps to hedge against price fluctuations, stabilize costs, and enhance portfolio performance. These instruments are essential in risk management, helping to safeguard financial stability and align our operations with market developments.

Compliance and Reporting Obligations

We ensure transparency and regulatory adherence by:

  • Regular Financial Reporting: Submitting accurate financial reports per IFRS standards.
  • ESG and Environmental Reporting: Documenting the environmental and social impact of our activities.
  • REMIT Compliance: Reporting wholesale energy transactions to meet European standards.

Our robust expertise in energy trading, market analysis, and risk management, combined with strict regulatory compliance, positions Photovoltaic Green Project SRL as a trusted, reliable partner in the dynamic energy market. This structured, proactive approach allows us to adapt swiftly to market changes, ensuring sustainability and value for stakeholders.

Electricity Spot Markets

  1. OPCOM (Operatorul Pieței de Energie Electrică și de Gaze Naturale) – Romania: OPCOM manages the spot market in Romania, where electricity is traded daily. This includes transactions on the Day-Ahead Market (DAM) and the Intraday Market, offering flexibility for adjusting energy positions based on demand. Active participation in multiple spot markets provides traders with the opportunity to optimize their energy portfolio, manage risks efficiently, and maximize profitability, responding flexibly to the dynamic demands of the energy market. However, traders must meet the participation and registration requirements for these markets.
  2. HUPX (Hungarian Power Exchange) – Hungary: HUPX is the spot market in Hungary, where electricity is traded daily for immediate delivery. Prices fluctuate based on supply and demand, and the market offers the possibility to trade both during peak and off-peak hours.
  3. EEX (European Energy Exchange) – Germany: EEX is the spot market in Germany, one of the largest and most liquid energy markets in Europe. It offers daily electricity trading for immediate delivery, reflecting the complex dynamics of the European energy market.
  4. BSP SouthPool – Slovenia: BSP SouthPool is the spot market in Slovenia, allowing daily trading of electricity for immediate delivery. Prices are influenced by local supply and demand as well as regional interconnections.
  5. ADMIE (Independent Power Transmission Operator) – Greece: ADMIE manages the spot market in Greece, where electricity is traded daily. The market provides opportunities for portfolio optimization and risk management within the specific context of the Greek energy market.
  6. IBEX (Independent Bulgarian Energy Exchange) – Bulgaria: IBEX is the spot market in Bulgaria, offering daily electricity trading. The market is a key point for regional interconnections and optimizing energy flows in the Balkans.
  7. CROPEX (Croatian Power Exchange) – Croatia: CROPEX manages the spot market in Croatia, providing daily electricity trading. This allows for rapid adjustment of energy positions to meet the demands of the Croatian market.
  8. EXAA (Energy Exchange Austria) – Austria: EXAA is the spot market in Austria, where electricity is traded daily for immediate delivery. The Austrian market is well interconnected with other European markets, facilitating cross-border energy flows.
  9. SEEPEX (South East European Power Exchange) – Serbia: SEEPEX is the spot market in Serbia, allowing daily electricity trading. It offers opportunities for portfolio optimization and risk management in the dynamic market of Southeast Europe.
  10. EPIAS (Energy Exchange Istanbul) – Turkey: EPIAS manages the spot market in Turkey, offering daily electricity trading. The Turkish market is characterized by significant price fluctuations, providing substantial trading opportunities.