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Trade in electricity

As of 1 January 2016, the electricity generated in AB Ignitis Gamyba power plants is sold by UAB Ignitis. Until then, Ignitis Gamyba traded electricity in the wholesale electricity market itself.

The part of the business sold to Energijos Tiekimas (UAB Ignitis from 6 September 2019) on 1 January 2016 comprises trading in derivative financial instruments (which is unrelated to the physical production of electricity) and the provision of balancing services. Ignitis Gamyba continues to receive revenue from the sold electricity produced in its power plants and the ancillary services it provides.