Short-Term Electricity Trading Optimization Service
Harness the Expertise of our Trading Optimization Team and Software, Bundled together as a Service, to Maximize Profit via optimal Bidding in Short-term Electricity Markets & Exchanges
Power Trading Optimization Challenges
Clients’ profile.
- Short-term power traders, marketers, aggregators, merchant generators, power storage & renewable portfolio traders operating in short-term intraday and day-ahead power markets, exchanges, ISOs and RTOs.
- Any trading entity wishing to outsource complex trading optimization and price forecasting algorithms, as well as trade automation, e.g., data management, trades & bid submission).
Targets:
- Implement flexible custom trading strategies that maximize trading profit by dynamically adjusting the trading or bidding of power portfolios, every trading period, to extract maximum value from anticipated changes in the market, while fulfilling all operational constraints and obligations.
- Acquire a dedicated ready-for-use cloud trading solution together with a team of experts to create and maintain cutting-edge trading algorithms as markets evolve.
QR Electricity Trading Optimizer Service
QR Electricity Trading Optimizer
- Our expert PhD team uses QR Trading Optimizer and decades of experience to create and manage short-term optimal trading models and algorithms for your portfolio. The resulting optimal buy-sell trading signals or bid offers maximize your portfolio gross margin or P&L,
- The trading signals or bids are computed at 5-60 mins granularity, matching your intraday and day-ahead power market.
- New trading signals are produced every 15 minutes, 24/7 for intraday, and at 10:00 for DA trading.
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 forecasts: system, transmission and zonal demand.
- The forecasts are intraday and DA at 5 to 60-minute resolutions.
- Intraday forecasts are refreshed every 10 minutes 24/7.
QR Data Hub
- QR Data Hub is especially designed to streamline and automate the data pipeline across power trading operations.
- Centralized data platform ready to fetch, clean, insert and manage all your data, from 5 to 60 min resolution, demand, prices (system, nodal, LPM, real-time, and DA), outages, trading books, stacks of bids & offers, schedules, trades, settlement, billing.
- Once data fetching and migration are accomplished, you have all your data in a robust and modern data management system.
- Flexible API service to disseminate data to other applications.
QR Electricity Trading Advanced Ecosystem
- Microservice architecture enables accelerated custom configuration of electricity trading optimization solutions.
- API-friendly ecosystem allows flexible integration and data exchange with third-party & in-house systems. Functionalities are constantly enhanced and extended to meet clients requirements.
Power Trading & Bidding 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 Trading Optimizer can improve your P&L.
- License what you need. You can license each component separately, depending on your needs, e.g., price forecasting, bidding & 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., price forecasts, optimal bidding & trading schedules every 10 minutes, 24/7. No software installation, hardware, or 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 specially designed algorithms and models for bidding gas, coal and diesel power plants. 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, or asset valuation.
- Maximize profit from bidding, generation, and selling in a power market or ISO. Maximize profit from bidding into reserve markets versus selling in the spot market.
- Minimize plant wear and tear.
- Expert team. In-house trading optimization models require extensive expert resources. Models are sensitive to a myriad 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 works closely with clients to customize and maintain the optimization model that suits their asset portfolio.
