Our company is currently developing an advanced Energy Trading and Risk Management (ETRM) system, which plays a crucial role in ensuring operational and financial success. This integrated system enables efficient monitoring and management of all energy transactions, capturing cross-border capacities and their allocations, as well as all associated cost elements such as exchange fees and utilities. ETRM facilitates complete transparency and security in contract management through detailed reporting and accessible data from anywhere, providing robust support for strategic decisions. The system also allows for risk management, position optimization, and portfolio performance evaluation, contributing to better price forecasting and the development of effective hedging strategies.

With ETRM, our company will be able to minimize risks and maximize returns, ensuring long-term financial and operational stability. The system is essential for generating end-of-day and end-of-month reports, tracking cash flow plans, and quickly adapting to regulatory and market changes. This proactive and informed management of all aspects related to energy trading and supply is made possible through real-time monitoring and control of all transactions, ensuring regulatory compliance and generating detailed reports on trading positions, cash flows, and portfolio performance, providing essential information for strategic decisions.

The risk management system (ETRM) supports price forecasting and the planning of transport and production capacities, contributing to efficient resource utilization. Through hedging strategies, we protect the portfolio against adverse price fluctuations and diversify transactions to minimize risks and maximize profit opportunities. Additionally, ETRM ensures efficient coordination with network operators and compliance with national and international regulations, avoiding penalties and legal risks. Implementing this robust system allows us to capture cross-border capacities and capacity allocations, manage costs, and control risks, thus supporting the administrative and operational activities of the company.

Photovoltaic Green Project SRL integrates trading and energy management for its renewable production units, including photovoltaic and small hydro plants within the REFIN group. This approach focuses on optimizing plant operations and ensuring efficient, sustainable energy production.

Plant Operation Optimization

Our strategy for maximizing the efficiency of photovoltaic and small hydro plants includes:

• Real-Time Monitoring Systems: Continuous data collection and analysis help identify deviations from optimal performance and enable prompt intervention.
• Production Optimization Algorithms: Advanced algorithms dynamically adjust operational parameters for maximum output and reduced energy loss.
• Proactive Maintenance Management: Predictive maintenance programs identify issues early, minimizing downtime and repair costs.

Performance Monitoring and Reporting

Continuous performance monitoring ensures efficient, sustainable energy production, involving:

• Operational Parameter Monitoring: Critical parameters like voltage, temperature, water flow, and solar radiation are tracked for optimal functioning.
• Data Analysis and Reporting: Detailed reports on energy efficiency and environmental impact aid in identifying improvement opportunities.
• Transparent Reporting: Clear communication of results to stakeholders ensures regulatory and sustainability compliance.

Forecasting, Notifications, and Internal Management

Photovoltaic Green Project SRL collaborates with experts and uses advanced technology to ensure precise forecasting and monitoring:

• Hourly Forecasting and Monitoring: Production forecasts are managed by ANT POWER, while consumption data is monitored in real-time (updated every 15 seconds) through SCADA systems and IT tools.
• Notifications: Energy transactions are reported according to market rules set by regulatory bodies (ANRE, Transelectrica, and transmission operators). Currently, notifications and internal management are conducted manually, with plans for automation underway to improve accuracy and efficiency.

With 20 years of experience in the energy sector, the management team of Photovoltaic Green Project SRL, a REFIN group member, has demonstrated exceptional adaptability to market changes, regulations, and economic shifts. This extensive experience has provided strategic insights into energy market trends and enabled the team to identify and seize growth opportunities.

Over two decades, the team has developed scenarios for expanding renewable energy capacities, including energy storage and balancing production capabilities. Through collaboration with energy consultants and market analysts, Photovoltaic Green Project SRL has successfully supported investment and operational decisions, achieving strategic alignment with forecasted market conditions.

With thorough market analyses, REFIN has crafted a robust development plan for 2025–2027, emphasizing the strategic growth and modernization of the company’s energy infrastructure, which strengthens its long-term competitive position in the renewable energy market.