Electric Cooperatives Sourcing Trading Optimization

  • Total & net consumer load forecasting.
  • Intraday and DA power portfolio scheduling & trading optimization.
  • Minimize total energy sourcing cost.
  • ETRM, front, middle back-office solutions.

Clients profile

  • This solution is tailored for electric and gas cooperatives of all sizes operating in regulated, deregulated power markets / ISO and bilateral markets. These robust cost-effective cloud solutions enable you to do away with manual spreadsheet processing and move the entire workflow of your operations (Data Management, AI Forecasting, Sourcing Portfolio Optimization, Trading & Scheduling, Back Office Settlement and Billing) into a state-of-the-art automated platform, in record time and on budget.
  • Our cloud solutions require no hardware, IT resources or expert personnel. All you need is just a browser.
  • 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 co-op operations: centralized data platform ready to fetch, clean, insert and manage all your data, e.g., consumer meter, SCADA, schedules, prices, trades, settlement, billing, etc. 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 Load & Price Forecaster

  • A range of automated advanced AI forecasting services.
  • Total & net load forecasting, load nodes, substations, consumers and smart meters.
  • Price forecasts: nodal, Locational Marginal Price (LMP), zonal or trading hub prices for world electricity markets, ISOs & RTOs.
  • The forecasts are intraday and DA at 5 to 60 minutes resolutions.
  • Intraday forecasts are refreshed every 10 mins 24/7.

Energy Sourcing Portfolio Trading Optimizer

  • Electric cooperatives 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 sourcing cost of an electric cooperative 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.

ETRM: Trading, Risk, Back-Office, Settlement & Billing

QR ETRM is a light, cost-effective, robust cloud ETRM tailored for power and gas cooperatives. 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 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.

Business Intelligence

QR Reporting offers many ready-for-use executive web dashboards enabling 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 position reporting.