- Solar & wind generation are becoming ever-increasing components of generation and green retail portfolios. Their intermittent nature is forcing all stakeholders to seek accurate and robust renewable generation forecasts.
- Renewable generators needing to properly bid their plants into their market operator or ISO.
- Renewable energy providers, retailers, marketers and utilities need to optimally trade and plan their renewable sourcing portfolio.
- System and transmission operators needing to maintain system stability in terms of voltage and frequency, and maintaining grid stability by planning for reserves. These cloud solutions are tailored for solar and wind generation entities.
- Our solutions can be used as a service, or implemented on a dedicated cloud (of your choice, or our cloud platform), or on-site.
QR Solar & Wind Generation Advanced Ecosystem
- Microservice architecture enables accelerated custom configuration of various segments of renewable generation trading.
- API-friendly ecosystem allows flexible integration and data exchange with third party & in-house load systems. Functionalities are constantly enhanced and extended to meet clients requirements.
QR Trading Solutions
QR Data Hub is especially designed to streamline and automate the data pipeline across renewable generation and trading operations.
- Centralized data platform ready to fetch, clean, insert and manage all your data, from 5 to 60 min resolution, solar and wind granular generation, prices (system, nodal, LPM, real-time and DA), weather, renewable trades.
- Once data fetching and migration are accomplished, you have all your data in a robust and modern data management system.
- Flexible API service disseminate data to other applications.
- A range of automated advanced AI forecasting services.
- Solar and wind generation forecasts.
- Price forecasts: nodal, Locational Marginal Price (LMP), zonal or trading hub prices for world electricity markets, ISOs & RTOs.
- Renewable consumer load forecasts.
- The forecasts are intraday and DA at 5 to 60 minutes resolutions.
- Intraday forecasts are refreshed every 10 mins 24/7.
- The trading solution can be configured to model a renewable energy portfolio with the imbalance purchased via callable bilateral physical, financial or spot contracts.
- The solution optimizes the nomination dispatch of the above portfolio for every 5 – 60 min trading interval, versus buy and sell in the spot market, with the objective to minimize the total energy sourcing cost.
- The solution is automatically executed 24/7, for intraday and DA trading.
QR Reporting is a dynamic reporting solution designed for energy trading.
- The solution offers great flexibility and tools to create custom energy reports and dashboards.
- We offer a series of ready-for-use executive web dashboards and reports delivering 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.
- The reporting solution is very efficient in loading and rendering granular high volume energy data, as it gets its input data and writes its outputs using our optimized API service.
- 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., solar & wind generation 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., solar and wind generation 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 forecasting and trading algorithms and models for solar and wind assets. 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 by maximize profit from bidding, generation and selling in a power market or ISO.
- 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 sourcing portfolio.
Case Studies & Video Demos
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.