It is a strategy for proactive, responsible and professional management of the income and expenditure of unsubsidised renewable installations.
Faqs
Why is it important to manage merchant plants differently?
In plants without subsidies or tariffs, it is essential to reduce volatility and costs, as well as to capture value that is normally lost in normal merchant operations, as it goes directly to the income statement.
Thus, it is essential to implement a strategy aimed at closing price hedges to avoid bearish scenarios, or to close periods with interesting prices that improve our base case.
Similarly, optimising representation contracts, exporting and selling guarantees of origin, being able to participate in the adjustment services market, or closing hedges with offtakers, are all aimed at improving the profitability of the plants.
Who is Optimize suitable for?
If utilities and oil & gas companies have energy management teams, why don’t financial investors do the same?
Optimize is aimed at investment funds, IPPs and private investors that have renewable assets in operation.
Optimize currently operates in Spain, Portugal and Italy, with a strategic roadmap to expand into additional European markets.
What does Optimize take care of?
Optimize deals with the following subjects:
- Initial training
- Market information
- Trading desk access
- Energy management strategy definition
- Analysis of derivative recommendations (hedging)
- Hedging management
- Collateral management
- Management of export and sale of GOs with direct buyers and brokers.
- Presentation and analysis of PPA alternatives, both with industrial and financial offtakers and traders.
- Negotiation of representation contract to optimise price and clauses for merchant operations
- DA, MI & SSAA strategy
- Quarterly reporting
What are the risks involved in delegating the management of my merchant plants?
There is no risk in professionalising the energy management of installations. In fact, the risk is related to not doing so.
In any case, Optimize always consults with its client when making decisions, so that the strategy and decisions are informed and consensual.