Electricity production

Eolus main concept is to develop and construct wind power facilities in areas with favorable wind conditions. Our projects are mainly realized through sales of turnkey operational facilities. Our business model also allows parts of the project portfolio to be realized through sales of project rights for permitted projects and projects under development. Eolus also conducts electricity production from owned wind power facilities.

Operational wind turbines for sale

Management of wind farms gives the possibility for excess depreciation, as wind turbines on leased land can be taxed according to the inventory rules. Operated facilities comprise long and short-term inventory where each individual facility is always for sale. Eolus non-current assets are managed by subsidiary Ekovind AB. Contact us for more information if you are interested in investing in wind turbines already in operation.

Electricity trading

The price of electricity is decided at Nord Pool, which is a trading venue for power producers and electricity traders. The price is determined by the demand. In cases of good access to electricity, the so-called spot price goes down and in case of shortage the price goes up. In the same way that individual households can hedge their electricity prices, power producers can price hedge their electricity supplies with different electricity trading companies. Something that provides security in the investment while ensuring income against price reductions. On the other hand, you can miss an increase in electricity prices.

Since November 1, 2011 the Swedish electricity market is divided into four Electricity Price Areas. The boundaries between the four areas run along lines where the electricity grid lacks transmission capacity. In northern Sweden (areas 1 and 2), electricity generation is greater than electricity consumption. In southern Sweden (areas 3 and 4), electricity consumption is higher than electricity generation. This imbalance, combined with a lack of transmission capacity, means that the electricity prices are slightly higher in areas 3 and 4, which also demonstrates a need for
expanded electricity generation in the southern parts of the country. Wind power has a big role in order to get more production capacity in suthern Sweden.

Read more at Nord Pool

Electricity certificates

The Electricity Certificate System that was introduced in 2003 (Sweden and Norway have had a shared Electricity Certificate System since January 1, 2012) is a market-based support system where trading takes place between renewable electricity producers and electricity consumers or producers subject to quota obligations. The system aims to increase the generation of renewable electricity in a cost-efficient and technology-neutral manner. The electricity certificate system increases the ability of renewable energy sources to compete with non-renewable energy sources.

An electricity certificate is awarded to a party that has generated and measured one MWh of electricity from renewable energy sources or peat in an approved facility. Electricity generated from the following energy sources entitles the producer to an electricity certificate: wind power, solar energy, wave energy, geothermal energy, biofuels, small-scale hydropower and peat when burnt in CHP plants.