Secondary market profits, some losses, for NOME amounts

Companies acquiring power utility PPC electricity amounts through NOME auctions have, in many instances, benefited from wide profit margins in secondary market sales, while, in some cases, narrow profits were incurred.

Profit margins reached as much as 8.22 euros per MWh in July, while losses of up to 1.029 euros per MWh were registered, according to data published by the Energy Exchange in a July report.

Losses were incurred in five of 27 sales of NOME electricity amounts in the secondary market, the July data showed.

Profit margins averaged 1.81 euros per MWh while the overall NOME electricity amount transferred to the secondary market in these 27 cases totaled 1,347 MWh/h.