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LSE & Utilities Sourcing Trading Optimization

  • Load forecasting: consumers, total & net load.
  • Price forecasting: nodal, LMP, zonal & trading hub.
  • Intraday and DA power portfolio trading optimization.
  • Minimize total energy sourcing cost.
  • ETRM, front, middle back-office solutions.

Client Profile

  •  Traders, analysts and portfolio managers of Load Serving Entities (LSE), private and public utilities and munis with a diverse power sourcing portfolio composed of bilateral physical PPA and callable contracts, together with the possibility of buying (respectively selling) the shortfall (respectively excess) capacity in the spot markets of regulated or deregulated power markets / ISOs and bilateral markets.
  •  LSE seeking the flexibility to use parts or our entire advanced AI trading platform as their core data management, load & price forecasting and trading optimization, while leveraging our microservice architecture and API services to connect in-house legacy systems and do away with manual processing and cumbersome legacy system integration.
  • Our solutions can be used as a service, or implemented on a dedicated cloud (of your choice, or our cloud platform), or on-site.
Client Profile-LSE, Utilities, Munis

LSE & Utilities Sourcing Trading Advanced Ecosystem

  • Microservice architecture enables accelerated custom configuration of various segments of power sourcing portfolio trading.
  • API-friendly ecosystem allows flexible integration and data exchange with third party & in-house load systems. Functionalities are constantly enhanced and extended to meet clients requirements.

LSE & Utilities Sourcing Trading Solutions

QR Data Hub

QR Data Hub is especially designed to streamline and automate the data pipeline across utility trading operations.

  • Compatibility with Electronic Data Interchange (EDI) billing data feeds, individual utilities legacy and third-party automated Utility Data Platform or Metering Services.
  • Robust centralized data platform ready to fetch, clean, insert and manage all data, from 5 to 60 min to monthly resolution, consumer meter, net load, SCADA, generation, weather, prices (system, nodal, LMP, real-time and DA), schedules, trades, settlement, billing, etc.
  • Data management in standardized formats within an optimized data platform, suitable for warehousing, data export, analytics, AI load forecasting, settlement and reporting.
QR Data Hub

QR AI Forecaster

A range of automated advanced AI forecasting solutions:

  • Load Forecasting:
    • Total & net load forecasting.
    • Load forecasting for individual load nodes, substations, consumers, or per arbitrary aggregation rules.
    • Smart meter consumers load forecasting.
    • Bottom-up & top-down load forecasting.
    • Intraday, 7 DA, medium and long-term load forecasting.
  • Price Forecasting:
    • Intraday and DA price forecasting.
    • Intraday forecasts are refreshed every 10 mins 24/7.
    • Nodal, Locational Marginal Price (LMP), zonal or trading hub prices for world electricity markets, ISOs & RTOs.
AI Forecasting

QR Energy Sourcing Portfolio Trading Optimizer

  • This solution is for utilities that act as distributors, have no generation assets, and source their energy through a portfolio of callable financial and physical bilateral contracts and a spot market.
  • QR Trading & Sourcing Portfolio Optimizer minimizes the total energy procurement cost of a utility by dynamically adjusting for every (5 – 60 minutes) trading period, the scheduling or nomination quantities across your callable and bilateral sourcing contracts, along with the corresponding buy-sell of the imbalance in the spot market, while meeting demand, contractual and regulatory constraints.
  • The solution is automatically executed 24/7, for intraday and DA trading, as well as long-term planning.
Retail-Energy-Provider-Load-Forecasting-Service

QR ETRM: Trading, Risk, Back-Office, Settlement and Billing

QR ETRM is a light, cost-effective, robust cloud ETRM tailored for utilities and LSEs. You can upload your transactions for risk valuation or back-office settlement, or maintain and manage them in our cloud Trading modules.

  • Trading: easy and intuitive transaction management for complex fuel,gas and electricity transactions. Automated scheduling to suppliers and electricity market operators or ISOs. Regulatory reporting and tagging.
  • Risk management: positions, market risk (MTM, VaR), and counterparty exposure.
  • Back-office: data management, intuitive valuation rule management for a full range of complex wholesale, captive and retail energy transactions. Settlement, rates, and billing data computation.
  • Flexible API based integration with your in-house ERP, billing and accounting systems.
Back-Office, Settlement And Billing

QR Reporting & Business Intelligence

QR Reporting is a dynamic reporting solution designed for energy trading.
  • The solution offers great flexibility and tools to create custom energy reports and dashboards.
  • We offer a series of ready-for-use executive web dashboards and reports delivering real-time access to your financial and operational data and key performance indicators such as load, market data, energy and other rates, P&L, and various risk and position reporting.
  • The reporting solution is very efficient in loading and rendering granular high volume energy data, as it gets its input data and writes its outputs using our optimized API service.
Business Intelligence

Benefits

  • You can always start with a POC Trial where we back-test some of your trades against the optimal scenarios, and deduce how much QR Trading Optimizer can improve your P&L.
  • License what you need. You can license each component separately, depending on your needs, e.g., load forecasting, sourcing portfolio trading optimization, back-office settlement & billing or risk management.
  • Two flexible delivery options:
    • Trading Optimization as a Service. Our cloud platform and expert team do everything, and you receive, via API and in web dashboards, the desired outputs, e.g., load forecasts, optimal trading schedules every 10 minutes, 24/7. No software installation, hardware and IT resources are needed.
    • Software as a Service (SaaS) where we implement the system on a private cloud of your choosing, or on-site, and you control the data and the models.
  • Ready-to use platform. We offer a large number of especially designed algorithms and models for bilateral physical & financial PPA & callable contracts. These can be used on your assets and markets with minor configuration.
  • Cost-effective pricing. Whether you use QR Trading Optimizer as a service or as SaaS, you pay one single annual subscription fee. The fee comprises the license, maintenance and upgrade releases. In no case will this solution cost anything, it can generate profits worth 10x its license cost.
  • P&L enhancement. QR Trading Optimizer considerably improves the trading P&L by minimizing the energy procurement cost of a sourcing portfolio.
  • Expert team. In-house trading optimization models require extensive expert resources. Models are sensitive to myriads of constraints in assets & operations. QR Trading Optimizer was created as a universal optimization platform that could be configured for various operations. Our team of mathematician PhD experts closely work with clients to customize and maintain the optimization model that suits their sourcing portfolio.

Case Studies & Video Demos

Let's talk about your needs

We look forward to exploring the range of options for your projects. Please write to us and one of our project managers will get back to you at once.