Inhouse power trading desk
Inhouse power trading desk
We continued to lead the industry by launching an inhouse 24/7 trading desk and control room in August 2023. This development not only reinforces our commitment to sustainable practices but also positions us to optimize our energy portfolio in the Nord Pool day-ahead and intraday electricity markets and ancillary services markets. By leveraging real-time trading opportunities, we can maximize the integration of clean energy sources, such as wind and solar power, into our portfolio, thereby reducing our carbon footprint and contributing to a cleaner and more sustainable energy future.
By the end of 2023, our production portfolio included eight wind farms and one solar farm, with an annual production estimate of 1.3 TWh.
This significant investment in clean energy underscores our dedication to renewable energy generation and environmental stewardship.
What does intraday trading mean? Intraday trading in the electricity sector refers to buying and selling electricity within the same day to take advantage of market price fluctuations. The goal is to optimize production and consumption, balance supply and demand, and improve cost efficiency.
Intraday trading
Key numbers
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Current numbers 433 MW operative capacity
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Target for end of 2025 655 MW operative capacity
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Expected power production 1.3 TWh in 2024
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Expected power production 2.0 TWh in 2026
Benefits of an inhouse power trading function
Increased flexibility
Intraday trading offers energy market participants the ability to quickly adapt to changing supply and demand conditions, allowing balancing costs mitigation.Optimization of energy resources
Intraday trading facilitates the efficient matching of supply and demand in real-time, enabling energy companies to maximize the utilization of renewable energy sources.Enhanced market participation and competition
Intraday markets promote increased market participation and competition among energy market players, leading to a more liquid and transparent trading environment, lower prices, and greater innovation, ultimately benefiting consumers and supporting market development.Rami Rajala, Director, Generation & Assets
Our new 24/7 trading desk was the final step to a full-scale physical power trading function to Ilmatar, significantly strengthening us as an independent power producer.
News & Views
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Article / Sustainability
Ilmatar engages in shaping Finland’s Maritime Future at National MSP Days
Ilmatar recently participated in the National Finnish Maritime Spatial Planning (MSP) Days. An event marking a significant step towards updating Finland’s National Maritime Spatial Plan, with a focus on integrating the European Green Deal’s objectives.
04.12.2024
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Article / Sustainability
Wind turbine noise much lower than commonly assumed
Wind turbines are becoming an everyday sight in the Nordic landscape, and the energy they produce plays a crucial role in the green transition. Yet wind power is sometimes criticised, for instance, because of the noise it may generate. But how much noise does a wind farm actually make?
03.12.2024
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Article / Company
Ilmatar sparks attention at the Swedish parliament
“Grid connections are the most important factor for us to secure right now as a developer of renewable energy production. If we are referred to the regional electricity grids in Sweden, our projects will have to be scaled back. As a country, we cannot afford to do that when we know that all forms of renewable energy are needed,” says Ilmatar’s Robert Wedmo, who held a lunch seminar in the Swedish Parliament in mid-November.
26.11.2024
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Article / Opinion
Advancing offshore wind energy in Finland
Fingrid has released its final report on connecting offshore wind power to the Finnish electricity grid – a welcome step forward for Ilmatar and the industry as a whole. This report provides clarity on where offshore wind farms can connect, helping to pave the way for future developments.
25.11.2024