In 2009, IES Holding's generating companies sold 21,018 MW of capacity at Arena power stock exchange. The leader among the companies is Volga TGC, whose stock exchange contracts in 2009 amounted to 11,683 MW. TGC-6 contracted 4,987 MW, while TGC-5 - 4,348 MW. Electric energy and capacity trade at the wholesale market of electric energy and capacity and on the exchange is controlled by the Trading Division. According to the Division's experts, in 2009 82% of IES Holding plants' capacity that was sold at an unregulated price was marketable. In terms of marketability, TGC-5 is the leader with 94% of liberalized capacity contracted. Volga TGC and TGC-6 contracted 86% and 64%, respectively. Exchange contracts became the major trade tools. They accounted for 54% of liberalized capacity sold by the Holding (Volga TGC - 62%, TGC-5 - 51%, TGC-6 - 43%). Arena allows to sign non-regulated contracts for energy and capacity. At the same time, exchange trade involves risks caused by errors in market values forecasts. Due to the effort of the Trading Division specialists in 2009, IES Holding's companies managed to sell power on possibly better terms. IES Holding's generating companies first traded their capacity at Arena at the end of 2008. |
