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Short-Term Electricity Trading Service

  • Automated trading bots that optimize bidding in short-term electricity markets & exchanges.
  • Optimal 5-60 mins bids and buy-sell signals, revised every 10 mins 24/7, delivered as a service.
  • Focus on your portfolio, and outsource complex trading optimization & AI price forecasting algorithms.
  • Trade automation, scheduling, and intraday & post-trade performance analysis Seamless integration of QR AI Forecaster for load and price forecasts.
Contact us to explore a free POC trial.

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.

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:
1. 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.
2. 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.

Client Profile- Thermal Power Generation

QR 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.
Contact us to explore a free POC trial.

QR Electricity Trading Optimizer Service

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, stack 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.
Meter-Data-Hub-Forecasting-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 forecasts: 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.
Price&Demand Forecast

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.
Retail-Energy-Provider-Load-Forecasting-Service

QR Trading Optimizer Benefits & Features

You pay one single annual subscription fee comprising license, maintenance and upgrade releases.

QR Trading Optimizer increases trading P&L, significantly. In no case it will cost you anything. It is a source of revenue and can make a multiple of its cost, as extra profit it generates.

This solution requires no software or hardware installation on your part. This is a service that is fully managed by our team. You receive new trading signals or bids (for intraday and day-ahead markets) every 15 minutes, 24/7. Your trading instance will be managed as a dedicated cloud server. Our optimization, AI, data science and teams monitor, manage and enhance the models.

QR Trading Optimization platform combines advanced AI and optimization algorithms to produce maximal trading signals. In addition, the solution provides end-to-end data management from ISOs, RTOs, power exchanges, weather and other data sources, and your plants. Data are fetched, validated and managed in a modern data hub and moved around with QR API service.

Our expert (MSc and PhD) data science team configures, fine-tunes and deploys your AI forecast models in record time and helps you maintain and calibrate them in time.

Our team will configure a custom model for your asset and portfolio. The models include plants’ physical characteristics, technical parameters, constraints, data, fuel and OPX costs, ramp, outages, heat-rate and power conversion. Detailed cash flow modeling capability for the cost, revenue, and gross margin of each asset, which is the optimization objective function. These also include multiple currencies, miscellaneous charges and the plant’s commitments in terms of bilateral contracted capacity, reserves, and joint bidding provisions with a partner owner. The cash flow modeling is configurable to handle thermal, renewable, storage and hydro power plants.

QR Bidding & Scheduler is seamlessly integrated with the optimizer to allow optimal bid modification, validation and electronic submission to the ISO or power exchange, in intraday and day-ahead trading for energy and reserves.

QR AI Forecaster is seamlessly integrated to provide forecasts of system demand, spot price, and the offer stack for each forward trading period, while applying adjustments for outages, available capacity, holidays, quantities sold in the ancillary and DA markets.

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 and 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 especially 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 plants ware and tear.
  • Expert team. In-house trading optimization models require extensive expert resources. Models are sensitive to myriads 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 closely work with clients to customize and maintain the optimization model that suits their asset portfolio.

Trading Optimization Case Studies & Video Demos

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Let's talk about your needs

We look forward to exploring the range of options for your projects. Please write to us and one of our project managers will get back to you at once.