Page 34 - InterEnergo - Annual Report 2020

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Customers Figure: Presence on markets and energy exchanges

Trading

Trading volume of the company in TWh Revenue from electricity trading in EUR million

2019 2020 2019 2020

26.4* 22.9* 699.3 458.9
DE CZ

SK

* Inclusive of traded volume for own and foreign account.
AT HU
CH
In 2020, we exceeded the estimated plan in the field We signed our first stand-alone Power Purchasing RO
of electricity trading and thus continued the trend of Agreement (PPA) for the purchase of electricity from SI HR
successful trading. The amount of electricity traded a Hungarian wind farm with a nominal capacity of
at the company level reached 22.9 TWh. Realized 10 MW, which is an indicator of our successful work
revenues from electricity trading of the company in and contribution to a green and sustainable economy BA RS
2020 amounted to EUR 458.9 million, which is 35 in the European Union. Contracts for the purchase BG
percent less than in 2019. The main reason for the of energy produced from renewable energy sources ME XK
decrease is that the company transferred part of the are crucial in supporting the transition to a green IT
electricity trading from the physical market, where economy, as the period of state support schemes MK
it trades through energy exchanges and commodity and state financing of RES projects for electricity
forwards directly with partners, to the financial generation is coming to an end. Interenergo thus
market, where it trades standardized futures enables investors in renewable energy sources GR
contracts on the EEX, revenues and expenses from access to market prices and other services for the
this address are shown in the company’s financial economical operation of the renewable energy power
statements in netted amounts, while revenues and plant.
expenses from trading on the physical market are Our presence on the markets and energy exchanges
shown in the company’s financial statements in did not change in 2020: we were present in Slovenia,
gross amounts. The achieved result was also marked Austria, Italy, Germany, North Macedonia, Serbia,
by high volatility across markets and uncertainty due Montenegro, Bosnia and Herzegovina, Greece,
to the COVID-19 pandemic.
Romania, Switzerland, Bulgaria, Croatia, Hungary,
Electricity trading is one of the core activities of Czech Republic and Slovakia. We also traded on the
Interenergo, which is why accurate and reliable European energy exchange EEX. EPEX Spot German power exchange CROPEX Croatian power exchange
estimations of electricity consumption are of EEX European Energy Exchange OPCOM Romanian power exchange
key importance to us. In 2020, we invested in the
further development of our own analytical models OTE Czech power exchange SEEPEX Serbian power exchange
of algorithmic operations and tools to support OKTE Slovak power exchange IBEX Bulgarian power exchange
trading. Algorithmic trading provides us with a big Swissgrid Swiss power grid GME Italian power exchange
competitive advantage in this area.
HUPX Hungarian power exchange HENEX Greek power exchange
BSP Southpool Slovenian power exchange

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32 Integrated Annual Report 2020 Integrated Annual Report 2020 33
Integrated Annual Report 2020