At SANIA Power, we trade power across borders, buying it in areas where there is a surplus of energy, and flowing it to areas where the demand is high. Take a windy day in Germany as an example. On windy days, wind farms in Germany can produce more power than what can be consumed within the German borders. If this coincides with a hot summer day in Austria, and every household and company in the country switch on the air-condition, more power is consumed than local power producers can provide. Instead of switching off wind turbines in Germany because we cannot consume the produced power locally, companies like SANIA Power can flow it to Austria, thereby keeping grids balanced and power prices fair. The example above is of course, simplified. In practice, SANIA Power constantly buys and sells power across EU energy markets, completing many trades every week.
Adding to the complexity, power must be consumed the instant it is produced because there are currently no widespread means of storing it in large volumes. So, how do you make sure that power bought in one country at a certain point in time can be consumed thousands of kilometres away at exactly the same time? The responsibility for making this happen lies in a close cooperation between the power traders and Power Trading Operations.