Next Generation Trading Optimization Solution Encompassing Renewable Energy Assets and Energy Resource Dispatch (ERD)
QR Optimizer provides end-to-end trading optimization & automation to maximize the value of Renewable and Distributed Energy Resources (DER), such as PV, battery storage (BESS) and hydro assets. It generates optimal bids every 5 to 60 minutes for day-ahead and intraday real-time trading.
Optimal bids can be automatically submitted to your ISO/RTO, or electricity market operator, or delivered via API to your internal or third-party trading platform.
Coverage: US ISOs & RTOs, European and world electricity markets & exchanges.
Renewable Energy Trading Challenges Our Solutions Overcome
Ready-for-use, API-friendly cloud trading optimization ecosystem for ISOs/RTOs, European and world power market:
- Our platform enables PV, wind, BESS, and hydro (including pumped storage) assets to co-optimize their bidding strategies across energy and reserve markets to maximize profits while effectively responding to Energy Resource Dispatch (ERD) programs.
- We empower microgrid and local solar communities to co-optimize the ERD of their battery storage and PV Distributed Energy Resources (DER) We also empower microgrids and local solar communities to co-optimize the ERD of their battery storage minimizing energy costs during peak price or load periods, or maximizing trading revenues.
Real-time Trading Automation
Automation of all facets of trading in intuitive web dashboards: Data gathering, management, visualization and reporting for actual and forecast, RTD, bids, positions and P&L. AI and optimization modeling interfaces. Bids and trades management with API export to external trading systems, and automated electronic submission to ISOs/RTOs or power markets and exchanges worldwide.
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We provide renewable asset optimization solutions that maximize trading profits for solar, wind, hydro, and BESS assets, while effectively minimizing risk. These integrate accurate AI forecasts solutions for PV and wind generation, net-load, and prices of energy and reserves.
AI Price Forecasting. PV Battery Storage, hydro assets and ERD Co-optimization. Trading & Bid Submission Automation.
Coverage: US ISOs & RTOs, European and world electricity markets & exchanges.
Battery Storage Trading Optimization
QR Optimizer deploys sophisticated stochastic co-optimization algorithms for trading BESS assets in intraday and day-ahead energy and reserve markets to maximize the trading P&L or the value of the asset while minimizing risk. The solution computes and displays in intuitive dashboards charge and discharge schedules, RTD and P&L along with full risk metrics with expected and worst case scenarios, VaR or CVaR.
Hydro & Storage Trading Optimization
QR Optimizer deploys sophisticated stochastic co-optimization algorithms for trading hydro and pumped-storage assets in intraday and day-ahead energy and reserve markets to maximize the trading P&L while minimizing risk. The solution computes and displays in intuitive dashboards release & sell energy, and in the case of pumped-storage, buy and refill schedules, RTD and P&L along with full risk metrics with expected and worst case scenarios, VaR or CVaR.
Battery Optimization and Energy Resource Dispatch (ERD)
- Co-optimization of Energy Resource Dispatch (ERD) for distributed renewable energy resources (DERs), such as PV, battery storage, or hydro assets across day-ahead and real-time markets, determines the optimal discharge/release and sell, and charge/refill and buy schedules that maximize the economic value while ensuring grid reliability.
- Co-optimization of the renewable asset’s operation in energy vs ancillary markets in real-time (5-min and under) after receiving dispatch instructions of charge or refill / discharge or generate setpoints or signals from the grid operator or an aggregator within an ERD program.
- Co-optimization of the daily battery operation in local energy community systems in terms of storing PV generation vs buy-sell in day-ahead and real-time energy markets in order to maximize the profit or value of the PV generation or minimize consumer energy costs.
QR BESS Bidding & Trading Stochastic Co-optimization Dashboard
QR AI Price Forecasting Dashboard
BESS and Hydro Trading Optimization 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 Optimizer can improve your P&L.
- Two flexible delivery options: QR Optimizer is licensed as a yearly subscription service. It can be installed on and delivered from our cloud servers as a service, and you receive, via API and in web dashboards, the desired outputs, e.g., price forecasts, optimal bidding & trading schedules every 15 minutes, 24/7. No software installation, hardware and IT resources are needed. Alternatively, it can be implemented on a private cloud of your choosing, or on-site, and you control the environment. In both cases, you pay one single annual subscription fee comprising the license, maintenance and upgrade releases. In no case will this solution cost anything, as it can generate profits worth 10x its license cost.
- Ready-to use platform. We offer universal BESS & hydro trading optimization models and algorithms that can be used on any asset with simple configuration.
- Expert team. In-house trading optimization models require extensive expert resources. Models are sensitive to myriads of constraints in assets & operations. QR 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 asset portfolio.