Retail Energy Providers Trading Optimization

  • 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 to meet the specific challenges faced by energy retail providers operating in regulated, deregulated power markets / ISOs and bilateral markets, looking for cost-effective cloud solutions enabling them to do away with manual spreadsheet processing and move their entire workflow and operations, Data Management, AI Load 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 energy retailers’ operations. A first challenge is to integrate their data through different data feeds and file formats. We integrate and manage various Electronic Data Interchange (EDI) billing data feeds, individual utility and third-party automated Utility Data Platform or Metering Services. The centralized data platform is ready to fetch, clean, insert and manage all your data, from 5 to 60 min resolution, consumer meter, prices (system, nodal, LPM, real-time and DA), schedules, wholesale and retail trading, charges, fees, rates, 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.
  • Consumer load forecasting using meter data from EDI billing data feeds, individual utility and third-party automated Utility Data Platform.
  • 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

  • Energy Retail Providers 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 Energy Retail Providers 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 and Billing

QR ETRM is a light, cost-effective, robust ETRM, offering flexible and scalable microservices managing:
  • Trading: easy and intuitive transaction management for complex fuel, gas and electricity transactions. Automated scheduling to suppliers and ISOs.
  • Back office: data management for pass-through charges and fees across multiple jurisdictions, intuitive valuation rule management for a full range of complex wholesale and retail energy transactions, and pass-through charges. Settlement, rates, and billing data computation.
  • Risk computation: positions, market risk (MTM, VaR), and counterparty exposure.
  • 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 risk and position reporting.