Energy and Reserves Bidding to ISOs and Power Pools
Electricity Scheduling to Suppliers, ISOs and Power Pools
Electricity Transmission Scheduling
Gas and Crude Oil Nomination to Pipelines
Scheduling & Nomination for Gas, Crude and Electricity Markets. Real-Time Bidding and Scheduling for ISOs and Power Pools.
Scheduling and Nomination:
QR Nomination & Scheduling™gathers in a single dashboard key data and functionality to view, create, edit and submit (sub)-hourly nomination and scheduling. Nominations and schedules, hub and nodal prices and P&L are visualized in tabular formats and as different colored curves across delivery periods for all ISOs, suppliers and pipelines.
Scheduling of electricity by load serving entities (utilities, co-ops and retail marketers) to ISOs, power pools, transmission authorities and suppliers, e.g., generators, physical and financial resellers.
Nomination of gas or crude oil to pipelines.
Scheduling can be real-time (sub)-hourly intraday, day-ahead, week-ahead and beyond. Multiple schedules can be nominated for single or block periods. E.g., standing offers for weeks ahead, optimal bids for intraday real-time or day-ahead or variation bids for next few periods.
Scheduling rules and constraints are easily configured and maintained to ensure validity and conformity of nominations and schedules.
Ease of scheduling editing, copy-paste ability across multiple periods.
Nomination schedules can be exported in CSV or XML files and be submitted manually or electronically to ISOs and suppliers, as per their web-services or API with automation of electronic confirmation.
Multiple schedules and nomination are fully managed by the system. Standing offers for week ahead and optimal bids for intraday real-time for the next few periods and day-ahead or variation bids.
Real-time interfacing with market operators, ISOs, power pools and pipeline systems via QR Connectivity Bridge (using API or web services). Automated submission and downloading of dispatch schedule, settlement data, various notices and reports.
Real-time Bidding and Scheduling in ISOs and Power Pools
QR Real-time Bidding™gathers in a single dashboard key data and functionality to view, create, edit and submit (sub)-hourly bids and offers to ISOs. Navigate within the same dashboards across different ISOs and generation assets.
Real-time (sub)-hourly intraday, day-ahead and forward market bidding for world ISO markets and power pools.
The dashboard can be easily configured to integrate energy, reserves and ancillaries, each with its own number of bands or blocks. E.g., 10 bidding bands or blocks for energy and 5 for reserves.
Market rules are easily configured and maintained to ensure bids are in compliance. E.g., increasing bid prices per band. Bids are validated in real-time, invalid bids are locked and highlighted in red, and submission is blocked until the bid is properly edited.
Ease of bid editing. Bids can be copied and pasted across multiple periods. Real-time synchronization of the interface for 2 traders bidding the same assets in different browsers.
Bids and offers can be exported in CSV or XML files and be submitted manually or automatically to ISOs, as per their web-services or API with automated electronic confirmation. Elimination of bids entry on ISO web-interfaces.
Bids are visualized on a web dashboard in tabular formats, and with different colored curves across delivery periods for all traded products. The dashboard refreshes in real-time to reflect all actual bids created by concurrent traders to allow real-time market decision-making.
Multiple bid types are fully managed by the system. Standing offers for week ahead and optimal bids for intraday real-time for the next few periods and day-ahead or variation bids.
The module interfaces live and in real-time to market operators, ISOs or power pools, via QR Connectivity Bridge (using API or web services). This allows real-time downloading of nodal prices and volumes, clients dispatch schedule, settlement data, various notices and reports, as well as bid submission or nomination into their systems.