Nitor energy Zambia

When did Nitor start trading?

Nitor started trading in 2020. Since then, our growth curve has been steep. From trading gas to expanding into power and, most recently, trading in climate certificates, we have moved from start-up to scale-up. And since the journey is still fun and challenging, we continuously strive to become even better – and reach even further.

How does Nitor's power team work?

Using Nitor’s proprietary ETRM system, the Power Team trades 24/7 with short-term capacity at auctions. We trade both day-ahead and intraday and move the power across borders – to where it is needed. In the first phase, the focus of the Power team was to be established and gain a foothold in our first markets.

How did Nitor perform in 2023?

Our solid financial results in 2023 reflect Nitor’s ability to create strong synergies between trading, coding, and analyzing. Nitor's ability to earn a return on the shareholders' investment in the company is clearly reflected in our ROE. Our family of energetic people grew from 47 to 62 employees in 2023. Nitor started trading in 2020.

Does Nitor earn a return on shareholders' investment?

Nitor's ability to earn a return on the shareholders' investment in the company is clearly reflected in our ROE. Our family of energetic people grew from 47 to 62 employees in 2023. Nitor started trading in 2020. Since then, our growth curve has been steep.

How does Nitor work?

A major part of our trading activity is Nitor’s proprietary ERTM system that supports our traders with screen views that gather important information for decision-making. We operate with live development to continuously improve our tools and can easily handle dispatching, bookings, and auctioning through automatized processes.

What is beyond the grid Fund for Africa doing in Zambia?

The Beyond the Grid Fund for Africa has signed its tenth project in Zambia to scale up access to clean energy and support the acceleration of the green energy transition in the country.