OptiTrade is tailored to meet and fulfil all demands and challenges posed by 5 key drivers in the energy trade market:
1. Liquidity and speed favor automated trading solutions
An increasing number of transmission lines between countries and price areas leads to bigger markets with far more opportunities. A significant number of energy companies already utilize automated trading in the intraday market. As a result, manual trading becomes more challenging and inefficient.
2. Optimal utilization of flexible production assets
Currently, energy production assets have flexibility that is not properly utilized. This is especially true in the intraday market, which is very challenging to keep on top of manually. An automated trading solution can optimize the value of production assets 24/7 by selling and buying production flexibility (available power plant capacity, or flexible consumption).
3. Increasing imbalance cost risk
More wind power capacity increases balancing power costs, particularly when there is significant deviation between expected and actual wind power production. Imbalance cost will increase for all balance responsible parties, and proper balance management becomes crucial. Automated intraday trading for balance management will be an important tool for minimizing imbalance effectively.
4. Shorter balance settlement resolution
When balance settlement resolution changes from 60 to 15 minutes, there will be more products to be traded and manual trading becomes impossible in practice.
5. Focus on trading strategy – do not fight against automated trading manually.
Manual trading has become too challenging and expensive. Let the traders focus on monitoring and trading strategy development.