The acquisition is the acquisition of electrical energy and portfolio management services for 2023-2025 (2026). The acquisition will be carried out as a joint acquisition. The contract is fixed term from 1 January 2023 to 31 December 2025. In addition, the acquisition includes a one-( 1) year extension option from January 1 to December 31, 2016.
The acquisition is the acquisition of electrical energy and portfolio management services for 2023-2025 (2026). The acquisition will be carried out as a joint acquisition. The contract is fixed term from 1 January 2023 to 31 December 2025. In addition, the acquisition includes a one-( 1) year extension option from January 1 to December 31, 2016.
A total of approximately 4,000 power utilises are involved in the current current procurement agreement and their procurement of electrical energy is approximately 260 GWh per year. New prospective subscribers have also been joined in this competition, with an electric energy acquisition totaling approximately 30 GWh per year.
In addition to electrical energy, the acquisition will include a portfolio management service that protects the price of electricity from the power exchange Nasdaq OMX Commodities market under a separately agreed hedging strategy. Electrical energy is prepared to be acquired as renewable energy and the certification is carried out by certificates of origin. The supplier shall provide for the procurement, management, annulment and reporting of the necessary guarantees of origin of electricity.
Delivery is a so-called open delivery covering all electricity use in contractual delivery destinations. The contract may be added or removed from it subscriber locations within normal turnover. Subscribers are responsible for ensuring that the items attached to the contract have a valid network agreement.
The acquisition will compete the supplier's margins for the price protected supply of electric energy, spot supply, portfolio management services and the transmission of certificates of origin of electricity.
Vendor margin for price-protected delivery includes the impact of subscribers' electricity usage profile (hourly and seasonal variation), volume risk as agreed, trading, balance sheet, billing and administrative costs, provider margin, Sansia service fee, and other the regulatory fees valid at the time of the tender. Fingrid Corporation's consumption fee will not be included in the margin, but will be billed as realized.
The supplier margin for spot delivery applies to those subscribers who obtain their electricity on a spot price-linked basis. The vendor spot margin includes trading, balance sheet, billing and administrative costs, bidder margin, Sansia service fee, and other regulatory fees valid at the time of the offering. Fingrid Plc's consumption fee will not be included in the spot margin, but will be billed as realized.
In portfolio management, the supplier actively monitors market price developments and seeks to find appropriate price fixing times for subscribers and implement price mortgages in accordance with the hedging strategy. Price mortgages will be diversified for a period of approximately one year prior to the start of the delivery period. Electrical energy is fully protected before the start of the delivery period in accordance with the hedging strategy. Price mortgages will be made with annual products quoted on the Nasdaq OMX commodity market and hedges will be made in 1MW installments. The system and regional price difference product can be fixed at a different time. The vendor maintains an up-to-date snapshot and reports to the customer/subscribers about the security situation by quartal. Once a year, the vendor organizes an opportunity/remote palaver to present a market and price hedging review. The success of a portfolio management service includes a performance meter set that can affect the supplier's margin. The bidder takes note of the items described above in the pricing of the portfolio management service.
The electricity contract includes the brokerage of certificates of origin for renewable electricity. The tenderer undertakes to obtain the necessary guarantees of origin on the market for subscribers and to carry out the administrative measures associated with them. The bidder will price at the margin of the acquisition and management of the guarantees of origin all costs related to the trade, reporting and cancellation of the guarantees of origin. The cost of purchasing guarantees of origin is not taken into account, but is added in accordance with its effect to the price of electricity.