Trading
Electricity export, import and wholesale trading at wholesale electricity (energy and power) market are the responsibility of the dedicated Trading Division representing the most important line of corporate business generating over 50% of INTER RAO revenues.
In 2011 INTER RAO exported 22.7 billion kWh of electricity and exported over 3.4 billion kWh.
INTER RAO exports and imports electricity over a number of strategic directions:
- Nordic countries (Finland / Nord pool)—primary direction
- Baltic States (Lithuania, Latvia)
- Ukraine, Kazakhstan, Georgia, Azerbaijan, Belarus
- China (agent-based deliveries)
Trading Division of INTER RAO is actively expanding its operations on international electricity market. Latin America, Middle East and Central Asia are considered to be the most lucrative regions for business development.
Trading electricity (energy and power) at the Russian wholesale electricity market is an important part of overall corporate trading activities.
Our strategic objectives in this area are as follows:
- Creating futures and options market in Russia to hedge risks at the wholesale electricity market
- Developing regulatory landscape in the Common Economic Space (CES)
- Resolve issues with payments for international sales of electrical power
- Create rules for international power reserves market
- Ensure concurrent operation of power supply systems in all CIS countries
International electricity trading is closely related to electricity sales and purchasing in Russia. A central priority of INTER RAO, in close cooperation with infrastructure organizations, is to improve wholesale electricity market regulation in order to increase electrical energy and power trading efficiency for all market participants.
