Wholesale

Following the liberalisation of the Hungarian electricity market, the Hungarian wholesale electricity market started a dynamic development, based on Western-European models. MVM Partner Ltd has been an active participant in this market from the outset, and over the years it has become a dominant player thanks to its considerable portfolio of contracted Hungarian electricity generators. Our trading activity represents a connection point between generation, retail and wholesale markets. Our main competence is managing the exposure to risks originating from the power plant and retail portfolios, and also satisfying the needs of our wholesale partners arising on both the organised energy markets and the OTC markets. On the commodity market, we optimise both the assets belonging to MVM Group and our contracted assets, and perform own-account trading activities as well.  The primary framework of our commodity market trading activity is provided by advanced risk management tools.


Our goal and mission is to create and maintain a strong presence in the regional markets. We carry out centrally managed active wholesale activities throughout Europe. We are trading on several European exchange markets and OTC markets through our Budapest headquarters, thereby ensuring our ability to react quickly to price changes at international level. At the same time, thanks to the assets available to us, we are able to optimise electricity flows between the countries of the region.


Our wholesale activity covers all timeframes of the electricity market at the regional level, from intraday products to long term (beyond a year) standard and customised products.


We are also actively trading with greenhouse gas emission allowances within the EU Emissions Trading System.


We are committed to satisfy our customers’ and partners’ needs in a professional manner, drawing on our experience, know-how and regional presence, and provide them with flexible solutions, both on the wholesale market and the other market segments of the electricity sector.


MVM Group, through the coordination of MVM Partner Ltd, has a significant role in the Hungarian energy market for ancillary services, thereby making a major contribution to the security of Hungarian energy supply.


We have a dominant role in supplying the customers participating in universal service. Security of the services and price stability are of utmost importance for us; therefore MVM Partner Ltd has created a suitable purchase and sales portfolio to mitigate any unexpected market changes.


Both portfolios are based on a system of long term (beyond a year) framework agreements. This system covers the purchase of products necessary to supply the universal service providers and also meeting the needs of the licensees providing the universal service at the expected quality level. Under the framework agreements, one year trading contracts are concluded on both the purchase and the sales side. An integral part of the performance of the contracts is to maintain practically constant contact throughout the year, to manage changes and to resolve unexpected situations jointly.


This scheme not only guarantees stability of supply, but also efficient risk management covering all parts of our market activity, cushioning end-users from any possible drastic impacts that may be hard to bear. Besides, this scheme also ensures the expected level of security of supply for several years.


MVM Partner Ltd, thanks to its strong wholesale activity, controls and manages the biggest balance group in the MAVIR network. Our balance group management activities have grown to a regional scale as a result of our international involvement, with our own balance groups in several of the countries in which we are trading.