| Energy
Powerex buys and sells energy through the Alberta
Power Pool, direct energy sales and through the
Alberta
Watt Exchange. We can also customize energy deliveries
to meet a customer's individual needs.
Financial Products
We offer customers a selection of derivative products
to help them hedge against volatile energy market prices.
Products include:
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Contracts for Differences
- Contracts for Differences are fixed for floating
swaps against the Pool Price in Alberta. Trading
terms are typically a month, quarter or a year.
We trade under a customized Enabling Agreement
that is available from us upon request.
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Heat Rate Swaps
- Marginal heat rates based on the hourly Pool
Price and the AECO gas hub in Alberta under the
same Enabling Agreement.
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Options - Put
and call options against the Pool Price in Alberta.
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Natural Gas
Powerex is responsible for natural gas trade around
the supply of gas for BC Hydro's gas generating units.
Powerex buys the majority of its natural gas from producers
in BC, with transactions taking place mainly at the
WEI Station 2, AECO and Huntingdon/Sumas hubs. As a
leading marketer of energy products and services, we
are constantly seeking new opportunities and trading
partners within the natural gas sector.
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