Your ideal route to market
Optimising your energy production in a volatile power market requires a strategy built around your specific risk profile and production patterns. Executing on that strategy demands accurate forecasting and constant trade optimisation based on vast amounts of real-time market data and insights.
That is key to unlocking long-term value, rather than just pursuing the lowest balancing price.
Your energy, your strategy
Rooted in your specific business goals and demands, we craft a portfolio strategy that balances risk, reward, and budget certainty to unlock the potential of your asset. Based on an assessment of your requirements for budget certainty and your balancing needs.
Spot volatility or budget certainty
Decide how much certainty your business model and financing require to secure reliable budgets, bankability, and protection against market downturns. As the largest independent energy supplier in the Nordics, we navigate the short-term spot market and the long-term cPPA agreements directly with our extensive portfolio of large consumers.
Balancing complexity
Intermittent production changes by the minute. Market commitments do not. We act as your balancing partner, using real time asset data, weather forecasting, and algorithmic trading across the Nordics to continuously optimise your trade and production. We capture value during peak production and manage lulls, ensuring delivery while safeguarding your asset against imbalance risks.
Value-optimised output
Turn your asset’s flexibility into new revenue while advancing your sustainability agenda. By adjusting your production to match real-time market balance, you strengthen grid resilience and support a more sustainable energy system. We deliver seamless market access, multimarket optimisation [MF1.1]and full compliance, monetising your flexibility without disrupting your production.
Minding your business
Mind Energy exists for our customers and has done so since 1993. As we hold no energy assets of our own, our ambition is to optimise yours.
Trading across the Nordic energy markets, we are dedicated to maximising the value of your assets and minimising your complexity, no matter the number of megawatt-hours you produce.
Our administrative services and monitoring tools are designed to manage your energy with ease.
We advise on and create a setup built around your specific needs to improve your efficiency, simplify your billing and reporting, and offer detailed insights into your production data in a dashboard tailored to your business goals.
How we forecast
Accurate forecasting is essential for optimising your bidding strategy and market participation.
Mind Energy combines deep market insights with quality data and asset-tailored models for you to trade and produce efficiently and with precision.
The forecasting process consists of four general steps:
Using asset-specific data, our forecasts reflect only the right assets with the right level of detail. This makes forecasts not just technically accurate, but also commercially reliable for your daily operations and market participation.
Our meteorologists analyse vast weather forecasts covering the following 72 hours. Most forecasts are hourly, but as balance responsible party, we are detailed down to every 5 mins. For solar assets, we focus on factors such as irradiance, cloud clover density and ambient temperature.
Using a range of internal and external models, we ensure a holistic view of expected production. From trading based on weather forecasts in the day-ahead and intra-day market to trading real-time based on live measurements and data.
Using a range of models in combination with algorithms, we trade imbalances based on the latest available forecasts and analysis from our meteorologists, meaning we can quickly optimise realised returns.
Case
Balancing energy for Finland's renewable future
With a portfolio boasting 15 operational wind farms and a large solar park currently under construction, Exilion is a significant force driving Finland's renewable energy future. Mind Energy provides a seamless route to market, balancing power generation and ensuring that Exilion – and the Finnish power grid – can maximise the potential of the renewable energy assets.
"Our partnership with Mind Energy contributes to optimising the efficiency and value creation from our renewable energy investments. Their delivery of an effective and cost-efficient route to market helps us realise the full benefits of our portfolio," says Tommi Riski, Investment Manager in Exilion.
The result is a solution that aligns with Exilion's specific business, strategic mandate, and risk profile – both for their current needs and future growth.
What you need to know
Mind Energy serves as a balance responsible party (BRP) to the markets for power, gas and derivative products. We have all three types of balance responsibility: Production balance responsibility, consumption balance responsibility and whole-sale balance responsibility.
We do not own any energy production facilities, infrastructure, nor have any sizeable consumption of energy.
As your balance responsible party, we use multi-market optimization. Operating across several markets, we continuously trade your power at the best possible price, thus shielding you from downfalls and seizing upswings. The outcome is higher returns with less complexity.
We constantly gather meteorological insights and data from high-quality sources, allowing us to update our trading algorithms in real time. As we trade every hour of every day, we can quickly seize opportunities and steer clear of potential downfalls in the market due to sudden changes in the weather.
Mind Energy services both energy consumers and producers and can connect the two if they want to engage in PPA’s. We can help you sell through various types of PPA’s: Physical, Financial, Virtual, Hybrid, Short cPPA, Pay-as-produced and Baseload or firmed.
All producers can monitor their assets through our data platform. Here, we can tailor metrics that fit your business KPI’s, providing you with data and insights you can act on. The platform offers easy invoicing as well, helping you to fully and easily manage your assets.
