Special Power Features
QR Platform is built with special attention to handle the needs of power trading and risk management. The system is highly flexible and is fully configurable to handle the specific needs of local power markets.
Some special features for power:
Different energy market structures
- Nodal markets
- Day-ahead energy markets
- Real-time energy markets
Nodal Electricity Markets
Nodal Electricity Markets are handled at any time scale you desire, e.g. ¼ hourly, ½ hourly and hourly markets. Markets can be live electronic markets clearing at the above time scales or next day markets. Delivery pattern, e.g. On and Off Peak, can be defined via templates across the days of the week and be attached to any deal. Customer load shapes can be extracted from historic meter readings and attached to given contracts to reproduce that same shape in the volume curves for ease of data entry. The same can be done for price curves.
Configure Formulas for Electricity Market Charges
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Bidding Management in Nodal Electricity Markets
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Hedging System
QR Hedging System allows you to cross link physical deals (retail or whole sale) to hedges and to perform various Mark to Market valuation of over and under hedge positions, as well as cash flow analysis based on the cost of hedging, FX or fuel. Hedging positions can be balanced and managed as dynamic portfolios.
1/2 Hourly Nodal Price Modeling
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Price and Load Forecasting
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Physical and Retail Book Management
QR ETRM offers the ability to rapidly create via user friendly wizards:
- Trading templates to capture and manage all aspects of physical, wholesale and retail contracts, across various pricing plans, involving complex indices, transmission, loss factors, tariffs, charges, fees, incentives, penalties, to capture any physical, PPA and retail electricity contracts in your local market. See Retail / Structured Products and Physical Energy
- Pricing calculators for physical, bilateral, PPA, wholesale and retail contracts with various physical delivery constraints and a full range of costs accounting for operations, transmission, losses, fuel and pollutants. See Pricing Retail & Structured Products
- The Valuation rules needed to value, mark to market, settle and bill all physical, wholesale and retail transactions down to end client meter. Billing and Invoices can be delivered as a web service to end clients. See QR Cash Flow Mapping and Settlement
- Financial reporting dashboard to aggregate cash flow and P&L across your assets and operations, and run what if scenarios for forecast. See Portfolio Analysis & Stress Testing
QR Scheduling System
QR Scheduling System, allows real-time bidding and scheduling of electricity into your local ISO or power pool. Bids are submitted electronically by API or web services.
QR Trade Capture dynamic portfolio builder allows users to easily set up any power trading operations structure, change or modify it with a few clicks. Here is one simple example:
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