The complexity of the electricity market and uncertainties in assessing the energy production from wind turbines makes balancing and pricing complex. However, through advanced risk management models in wind energy production and expert in-house meteorologists, we have developed outstanding market and balance services.
NEAS's market services in wind energy production covers:
BRP (Balance Responsible Party)
Trading
Balancing risks
Price hedging
Hedging production volume
Forecast wind and thus power production on turbines (reports to Nord Pool)
Optimization of governmental subsidies
The combination of the above provides a full hedge for the owners of the wind turbines
In NEAS we always react to current market opportunities to generate the maximum value from wind energy production. In addition to our standard products, we supply customized solutions fitted to suit our customers’ individual risk profile and their expectations regarding future price development.