QR AI & Trading Optimization Services for WESM are ready-for-use cloud solutions for all WESM participants:
- Trading optimization for generators, DUs, RES and Co-ops.
- IEMOP 5-min Datahub and data management.
- AI forecasting services: load, WESM LMP prices, solar & wind generation.
- Backoffice settlement and billing for RES and wholesale transactions.
- Cloud solutions, no hardware or software installation required.
Cutting-edge AI Trading Soltuions for WESM
Acelerate Transition to Intelligent Digital Energy Enterprise
This robust high-performance cloud data hub is optimized and fully compatibility with WESM IEMOP 5-min market.
- This cloud-based central data platform manages all trading data from 5-60 minutes resolution: WESM market data, SCADA, consumer CRSS meter, BCQ, nomination, generation, bidding, ancillaries reporting, settlement and billing. No more Excel files.
- It performs data fetching, insertion and management, including data analytics such as processing, cleansing, validation.
- A flexible API service moves data across various modules.
- Your firm gets its own slice of data layer in the data hub to insure privacy and security.
- We provide database management and back-ups.
QR Data Hub for World Power Markets
Back Office Settlement & Billing
Light, flexible and cost-effective settlement and billing solution for wholesale and retail energy operations.
- Fully configured for WESM and used by the largest RES providers in the Philippines.
- Eliminate operational risk and increase productivity by a fully automated back-office service. Upload CESS files within seconds. Powerful data management platform.
- Configurable settlement engine to handle simple to complex financial, wholesale and retail energy transactions, and calculation of all charges and rates.
- API export of full settlement and bill calculation details in the desired format of external billing & financial systems.
Settlement Configuration
Settlement Data Validation
5-min Nodal BCQ Declaration Optimization in WESM
This is literally a money printing solution
The advanced trading algorithms automatically determine the optimal 5-minute BCQ nodal declarations across all generation nodes and retail consumer load nodes, while respecting all of your operational and commercial constraints, including:
- Over- and under-declaration strategies
- Pass-through Line Rental (LR) cost allocation
- Priority declaration matrices
- Retail customer grouping by tariff, pricing plan, renewable status, supplier, or any custom portfolio structure
- Customer-specific declaration preferences and business rules
The optimization engine dynamically realigns your declaration portfolio every 5 minutes to maximize trading profit while simultaneously controlling and distributing Line Rental costs fairly across customers, improving customer satisfaction and long-term retention.
This level of large-scale optimization is simply impossible to perform manually in Excel. From uploading the CRSS zipped files through to the final BCQ declarations, the platform can optimize a BCQ declaration portfolio in minutes.
QR BCQ Declaration Optimization in WESM
Expected Benefits
Staggering gains: Based on actual operational results with other solar participate in WESM, the platform can consistently increase BCQ trading profit by approximately PHP 800 K / day for every 100 MW generation.
Risk-Free proposal. No software license fee. No implementation fee. Fully operational within approximately one week configuration.
Free Trial to evaluate the platform and assess the financial gains it generates.
Process automation of your BCQ declaration process in minutes. Generation of declaration csv file for WESM. User-friendly BCQ management dashboard allows traders and portfolio managers to view their portfolio, data and various reports, and manage import and export of data.
AI LMP Energy & Reserve Price Forecasting Service
Cutting-edge AI LMP Price Forecast Services offering comprehensive price forecasts for 5-min RTD energy and reserve markets.
- Forecast execution frequency every 10 min, 24/7.
- Price forecasts as web services. No implementation required. Receive forecasts instantly in web dashboards & via API.
- WESM LMP price forecasts for Luzon, Visayas, Mindanao, including a price cap estimator. We provide all required data.
- We provide weather and all relevant WESM data such as demand, prices, generation, supply side, outages, etc.
- Start with a 1-week free trial.
Enjoy Interactive Price Forecast & Analysis Dashboards
AI price forecasts are delivered in real time via APIs and interactive web dashboards that can be fully customized based on each client’s forecast nodes, products, and market requirements. Data displayed in this demo dashboard is delayed by one day. Real-time access requires a registered user account.
Interactive AI Price Forecast & Analytics Dashboards
QR AMPS: AI Market Prediction System for Global Power Markets
QR AMPS is a universal, market-agnostic AI price forecasting platform with live interactive AI dashboards for US, CAISO, PJM, ERCOT, MISO, SPP, NYISO, and ISO-NE, as well as European power markets. QR AMPS dashboard can be customized for specific LMP nodes, trading hubs, and regional market products.
QR AMPS Interactive AI Dashboard
QR AMPS web dashboard offers extensive visualization and analysis capabilities. Real-time (RT) and day-ahead market (DAM) probabilistic forecasts, at 5–60 minute resolution, are presented through interactive tables and charts, with built-in accuracy metrics including MAPE, MAE, RMSE, and Directional Win Rate, as well as manual data export. The AI dashboard can be customized to reflect clients’ specific LMP nodes, trading hubs, and regional market products.
Battery Storage Trading & Bidding Optimization Service
Cutting-edge Battery Storage Bidding Optimization Services
- Co-optimization algorithm maximizes the P&L of simultaneously trading the battery storage in multiple markets: real-time and DA energy and reserves markets. The algorithm captures arbitrage opportunities in charging and discharging the battery across multiple timeframes in these markets.
- Battery operational and telemetry data management and performance monitoring in real-time.
- State of Charge (SOC): Percentage of the storage nominal capacity that can be actually charged, e.g., 95%.
- Depth of Discharge (DOD): Percentage of power that can be withdrawn from the battery, e.g., 80%.
- Daily Depth of Discharge: Maximum amount of energy that can be extracted from the battery in a 24-hour period.
- Charging and Discharging Rate: The quantity (in Amps) of charge added (resp discharge withdrawn) to or from the battery per unit of time.
- Bid mgmt web dashboard with API export to third-party trading systems.
- Automated bid submission to WESM.
- Interactive web dashboard displays battery charge, discharge, P&L, telemetry data.
- Start with a 1-week free trial.
Solar Generation & Automated Nomination to WESM
Cutting-edge AI solar generation forecasts.
- Solar generation in real-time hourly or DA.
- High and low forecasts due to weather and radiance data te lower generation scenarios for risk management in planning and hedging.
- GHI data provided or we use yours.
- Automated solar generation nomination to WESM.
QR Trading Co-optimization for Power Plants Bidding in WESM
- Co-optimization trading algorithms for bidding strategies in energy and reserve markets for power plants in WESM (Luzon, Visayas, Mindanao) to maximize their net generation profit, while fulfilling BCQ and ancillary obligations, under ramp and various operational constraints. We have different asset and bidding optimization models and algorithms for
- Thermal assets: diesel, coal and natural gas plants.
- BESS assets.
- Hydro assets.
- The outputs of the optimizer are 60-min bidding strategies whose resulting 5-min MQ and WESM spot market prices maximize each plant’s net profit.
- The bidding optimization in WESM is executed automatically every 30 min, 24/7, to produce optimal 60-min bids for each plant until the end of the day. And the cycle repeats itself every 30 minutes to produce revised bids, as new WESM LPM price forecasts are produced.
- Trading & Bidding Dashboard allows traders to view, edit and manage their 60-min bids live, along with their automatic electronic submission WESM.
Expected Benefits
- For every 100 MWh BESS Bidding Optimization, you can expect an additional profits of PHP 500k / Month. This can be considered a trading loss which our platform recovers for you.
QR Stochastic Bidding Optimization for Thermal Assets
QR BESS Bidding & Trading Stochastic Co-optimization Dashboard
Bidding Management & Interface to WESM
QR Trading Optimization for Electric Co-ops, DUs & RES Providers
- Optimization of the 5-min BCQ nomination across your sourcing portfolio versus buy-sell in WESM (Luzon, Visayas, Mindanao) 5-min market to minimize energy sourcing cost.
- In short, the optimization engine reshuffles the nomination of all your bilateral BCQ contracts to suppliers, versus buy-sell in WESM spot market, subject to all constraints, e.g., hourly, daily, monthly capacity, max, min targets, etc, to determine the daily nomination strategy yielding the lowest overall energy cost. This constant reshuffling is performed every 30 minutes, 24/7 to deliver updated nominations that match WESM price changes:
- For periods when our AI WESM (Luzon, Visayas, Mindanao) LPM price forecasts are lower than some BCQ cost, the optimizer widens the imbalance and buys less from the BCQ and more from WESM 5-min spot market to fulfill the demand load.
- For periods when our AI WESM (Luzon, Visayas, Mindanao) LPM price forecasts are higher than some BCQ cost, the optimizer tightens the imbalance and buys from the BCQ to the maximum allowed, to fulfil the demand load, and sells any excess energy to WESM 5-min spot market for profit.
- In DA BCQ nomination trading the solution is executed around 10:00 am, to produce optimal 5-min nomination for each BCQ for tomorrow.
- Nomination dashboard allows end-to-end management of the 5-min nominations and electronic submission of your BCQ contracts to each supplier, both for intraday and DA trading.
Expected Benefits
- For every 100 MWh BCQ sourcing we optimally nominate, you can expect an additional energy cost reduction of PHP 500 k / Month. This can be considered a trading loss to WESM & your generator suppliers which our platform recovers for you.
BCQ Nomination Optimization Dashboard
BCQ Portfolio & Data Management
AI Forecasting & Trading Optimization Advanced Ecosystem
- Microservice architecture enables accelerated custom creation of AI forecasting & trading solutions that deliver significant profits.
- API-friendly ecosystem allows flexible integration and data exchange with third party & in-house systems. Functionalities are constantly enhanced and extended to meet markets and clients requirements.
How to Proceed
Whether you are interested in our trading optimization solution as electric Co-ops, DUs & RES provider or generator, the road map to follow is the same. Our team is here to assist and work with you every step of the way.
Contact us today to start your Trading Optimization & AI Forecast Project
Our team stands ready to work with you.