BESS & Hydro Power Plants Trading Optimization
- Bidding & Trading optimization.
- Generation optimization.
- Maximize profit & minimize ware & tear.
- Asset data management.
- Bidding & scheduling interface.
Clients profile
- These solutions are tailored for traders, portfolio and asset managers in investment firms, utilities and power generation companies engaged in day-to-day trading or investment evaluation, both in bilateral and organized electricity markets or ISOs.
- These solutions offer distinct trading algorithms for BESS, pump storage and hydro generation assets. These cost-effective solutions can be easily integrated with existing ETRM and asset systems.
- You can also adopt our platform as your core trading and data analytics platform and leverage our microservice architecture and API services to connect in-house legacy and other systems and do away with manual processing and cumbersome legacy system integration.
- Our solutions can be implemented on dedicated clouds of your choice, on our cloud platform, or on-site.
Data management
QR Data Hub is especially designed to streamline and automate the data pipeline across generation operations: centralized data platform ready to fetch, clean, insert and manage all your data, from 5 to 60 min resolution, generation, system demand (regional, zonal, total), prices (system, nodal, LPM, real-time and DA), outages, stack of bids & offers, supply side data, weather, schedules. Once data fetching and migration are accomplished, you have all your data in a robust and modern data management system. You can then disseminate your data to other applications via our flexible API service.
QR AI Price Forecaster
- This solution offers a range of automated advanced AI forecasting services for world electricity markets, ISOs & RTOs.
- Price forecasts: nodal, Locational Marginal Price (LMP), zonal or trading hub prices
- Demand forecast: system, transmission and zonal demand.
- The forecasts are intraday and DA at 5 to 60 minutes resolutions.
- Intraday forecasts are refreshed every 10 mins 24/7.
QR BESS Trading Optimizer
- The solution can be configured to operate and trade in different settings. E.g., the storage can be embedded with solar or wind generation and use part of their generation to recharge. Alternatively, the BESS can be independent of any renewable resource and recharge by buying electricity from the market.
- For every 5 – 60 min trading interval, we compute the MW quantity of buy charge and store, versus discharge and sell, with the objective to maximize the total daily P&L of the storage.
- BESS trading optimization algorithms and models are designed for intraday and DA trading as well as the decision to participate in the DA market versus the spot market of tomorrow.
- The solution is automatically executed 24/7, for intraday and DA trading or bidding in your power market.
QR Hydro Generation Trading Optimizer
- The solution optimizes the generation and or bidding of hydro generation assets in bilateral and/or organized power markets or IOSs, while fulfilling water release constraints and bilateral contractual obligations.
- For every 5 – 60 min trading interval, we compute the MW quantity of generation vs buy from the spot market to satisfy contractual and water release constraints, with the objective to maximize the total daily P&L of the hydro plant.
- The solution is automatically executed 24/7, for intraday and DA trading or bidding in your power market.