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Representation in the Wholesale Electricity Market 

We offer representation services on the Wholesale Electricity Market (POOL).  

By representing OMIE, the wholesale market operator, we enable our clients to buy and sell electricity at a known, transparent and affordable price. 

We also manage producers' deviations in a grouped way, managing to cover them, compensating them among themselves and achieving savings between 45% and 85%.

We manage our clients' Guarantees of Origin, an instrument that certifies that a quantity of electricity has been produced by renewable sources or high-efficiency cogeneration anywhere in Spain. 

OMIE is the operator of the Iberian Electricity Market. It is the entity that permanently regulates the purchase of energy by suppliers and the production capacity of the electricity system. 

Trading and operation on the wholesale market (OMEL/REE, OMIP) takes place 365 days a year, adjusting production forecasts on the Intraday markets, with a specialized team dedicated exclusively to this task. 

 

 

 

Electricity Price Hedging Services 

We operate in the MEFF options and futures market. Trading on this market allows you to fix the price of electricity in advance, eliminating uncertainty for your customers. 

These are transactions agreed directly between two parties and settled by differences. A certain quantity of electricity is fixed at a future date and at a fixed price. 

 

 

 

Protection Against Detour Cost Overruns 

The deviation is the difference between the meter measurement and the settled time schedule. 

The deviation can be negative, if the user produces less than they reported, or positive, if they produce more than they reported. 

The deviation penalty is applied if the Spanish peninsular system has excess energy and the deviation produced is positive or if the Spanish peninsular system has lack of energy and the deviation produced is negative. 

We manage producers' deviations in a grouped way, managing to cover them, compensating them among themselves and achieving savings between 45% and 85%.

The total deviation of the portfolio will always be less than the sum of the individual absolute deviations of each facility. 

The consolidation with Capwatt allows producers under special regime to have the same advantages derived from economies of scale that large electricity companies have, thus facilitating investment in renewable energies.

 

 

 

Guarantees Of Origin 

Guarantees of origin are an instrument that certifies that a quantity of electricity has been produced by renewable sources or high-efficiency cogeneration at any point in Spain.  

How does the system work?
  • The CNMC offers certification of the kWh produced to renewable energy producers who request it. These certificates, called "Guarantees of Origin (GdOs)", can be transferred to the suppliers, who can then justify the "green" nature of the electricity they sell. 
What is the purpose of the GdOs?
  • The purpose of these GOs is to inform the consumer about the details of the origin of the energy received and the associated environmental impact. 

 

 

 

Client benefits

We represent the facilities in all their aspects, ensuring optimization in each specific case and offer: 
  • Extensive experience in the management of special regime installations, acting as representatives in the sale of energy before the regulatory bodies of the electricity market.  
  • Maximizing the profitability of production facilities through personalized advice.  
  • Extensive knowledge of the market and flexibility to quickly offer solutions adapted to the different regulatory changes in the sector.  
  • Advanced technology to offer highly competitive facilities management, minimizing cost deviations. 

 

 

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