Managing Merchant Markets

Bodecker Partner offers independent specialised revenue management to investors in Nordic renewable power production. We offer innovative hedging strategies and strive for a steady income and a fair return on capital to Investors. We also provide portfolio risk measurement and reporting in our own tailored CTRM-system.

Our expertise within the Nordic power market and elcertificate scheme is first-class. As Bodecker Partners do not have consumption portfolios under management, no netting practises exist. We act, on behalf of our clients, with a number of counterparties for market access. This means we are completely independent and strive for best possible instruments and prices in each situation.

We strive for a steady income to investors in renewable power

Our web-based tailored Commodity Trading & Risk Management system provides a quick overview of:

  • Daily position & portfolio market value and VaR with historical development
  • PPAs, Options, std power products and Electricity certificates
  • Deal container
  • Counterparty container
  • Price curves

 

Client references

Enercon GmbH

Aquila Capital GmbH

Enlight Energy

RES-group

2 Leading Norwegian hydro producers

[top 5 utility in Sweden] AB – (disclosure of name only after approval)

Several medium sized Swedish Utilities – (disclosure of name only after approval)

 

Take control of the electricity certificates

The price-hedging strategies of a producer differ significantly from those of a consumer, and the current low electricity prices increase the need for active management to capture temporary upsides. Throughout our careers, we have seen how power producers in many cases do not get an optimal nor customized management from their existing portfolio managers. Typically, in addition to the producer’s portfolio, a significantly larger retail portfolio is often managed. This diverts focus. Many portfolio managers also have owners with adverse interests that can collide with those of the customer’s portfolio.

Fredrik Bodecker, Bodecker Partners

In terms of analysis, we have seen that power producers in some cases are treated rather poorly. Advice and analysis reports are often based on consumption customers and lack focus on e.g. electricity certificates – something that is at least as important as the power price for a producer. Our recommendations are instead based on the interest of the producer and on how to capture the highest prices and optimize income and revenue.