Norwegian TSO Statnett has announced a transition to automated trading of the power market&rsquo;s tertiary reserves. Today, participation is based on hourly deadlines, but in the spring of 2023, a 15-minute response time will be introduced for power producers that offer this balancing service to the system operator.
In the first 9 months of 2022, Statnett's total reserve market payments added up to more than 1600 million NOK, making the reserve markets increasingly important for companies able to offer flexible hydropower generation, like Saudefaldene.
<h2>The need for digitalisation</h2>
For years, Saudefaldene has participated in the reserve market over the phone. With the introduction of 15-minute intervals, this is no longer possible.
According to Heidi Slettedal, Production Manager at Saudefaldene, an automated digital platform is required for continued trading in the reserve market. Such a platform &ndash; Ancitra &ndash; is provided by Volue.
"Volue has a good track-record for developing and implementing IT solutions for all power reserve markets. With the help of the&nbsp;Volue Ancitra software, we will be ready to trade in compliance with Statnett's new protocol," says Slettedal.

<h2>Unlocking the value of flexible assets</h2>
Saudefaldene operates seven power plants, in addition to 14 dams and transmission facilities. The annual production is 1,850 GWh, corresponding to 1.5 percent of the total Norwegian power production. Balancing services have been handled manually from the control center, but with the help of Volue's Ancitra software, this operation is now automated.
"The new Statnett model for trading in the reserve and balancing markets, will be based on algorithms that calculate the need for balancing the transmission net and automatically build and send activations to the power producers, based on their bids. Acceptance of bids and activation is automated. The Volue Ancitra software ensures that Saudefaldene can build and send valid bids to Statnett as well as receive and respond to activations by increasing or decreasing its power production within the new short deadlines," explains Nils Olav Tangvik, Sales Manager at Volue.
By implementing Ancitra, Saudefaldene can keep up with the development and utilise the reserve market more profitably than today, by creating bids that are better adapted to its own hydropower system. 
<h2>Cloud-based access</h2>
Saudefaldene has chosen a Software-as-a-Service model, which means that Ancitra is made available as a cloud-based service. Instead of buying the software and installing it on their own servers, Saudefaldene rents access to Ancitra. Service and system maintenance is provided by Volue.
"A cloud-based solution is well-suited for companies that don't want to operate IT solutions in-house. You also avoid the one-off investment in the software as you are charged a monthly cost, instead of buying licenses up front. In addition, a SaaS solution is generally faster to implement, meaning that the customer can be up and running as fast as within 2-3 weeks&rdquo;, says Tangvik.

Learn more about Volue Ancitra

Norwegian energy producer Saudefaldene teams up with Volue to meet new deadlines for automated trade in the reserve market.

Saudefaldene: Unlocking the Value of Flexible Assets in the Balancing Market

Determined to enable fossil-free living within a generation, Swedish energy group Vattenfall is taking on the responsibility to find new and sustainable ways to electrify transportation, industries, and heating.
Specialising in power generation and energy trading across Europe, Vattenfall has used Volue software for many years. With its new Software-as-a-Service, Volue will provide Vattenfall with solutions to support the communication with the European Transmission System Operators.

Director Prompt Trading & Operations, Vattenfall

Colleague Tobias Soyka, Head of ETRM Market Access &amp; Logistics at Vattenfall, adds: &ldquo;Vattenfall is migrating its core continental IT services to the cloud and third-party SaaS services. Volue&rsquo;s roadmap, their reliability and experience as a software vendor led us to the decision to ask Volue to run one of our most business-critical applications as Software-as-a-Service,&rdquo; said Soyka.
Trond Straume, CEO of Volue, is pleased that Vattenfall chose Volue.
&ldquo;I am proud to have a strategic partner such as Vattenfall use our Software-as-a-Service to operate the trading of a substantial renewable portfolio. We help to improve Vattenfall&rsquo;s process efficiency by more automation and shorter time-to-market,&rdquo; says Straume.

Volue Software Provides the Speed and Flexibility Required To Support Vattenfall's Trading Operations

On its way to fossil freedom, Vattenfall uses Volue software to support its trading operations in most European power markets.

Vattenfall: Volue Software Provides the Speed and Flexibility Required To Support Its Trading Operations

Vattenfall Benefits From Volue Software-As-A-Service

Enel Green Power is the Enel Group global business line dedicated to the development and operation of renewables across the world, with a presence in Europe, the Americas, Asia, Africa, and Oceania. Enel Green Power is a global leader in the green energy sector with a managed capacity of around 46 GW across a generation mix that includes wind, solar, geothermal and hydropower, and is at the forefront of integrating innovative technologies into renewable power plants.
Volue software enables Enel Green Power to react nearly in real-time to balancing orders, relevant changes in the availability of power plants, weather data, and inflow observations for the entire Valmalenco valley in Lombardia.
&ldquo;With Volue&rsquo;s software, we enable our dispatchers to forecast inflows accurately, and to use our precious water resources in an optimal way, thus increasing revenues and reducing imbalance costs significantly&rdquo;, says Matteo Bossi, Head of the Regional Dispatching Centre in Sondrio.
Since 2018, Enel Green Power has used Volue&rsquo;s software in the Regional Dispatching Centre in Sondrio in Northern Italy. Volue&rsquo;s solutions have been used for the entire business process related to production planning and dispatch of the hydropower plants in the Valmalenco valley.
The hydropower plants produce around 700 GWh annually and are bid to the market as an aggregated production unit. This means that Enel Green Power optimises the overall production schedule of the power plants nearly in real-time.
Due to their high degree of flexibility, Enel Green Power&rsquo;s power plants in Valmalenco are of strategic importance in Enel&rsquo;s overall power plant portfolio in Italy, with an annual production of around 60 TWh.
&ldquo;The cooperation with Volue started with a test of Volue&rsquo;s solution in Valmalenco in 2018 and we were impressed by the results&rdquo;, says Davide Passuello, Project Manager for the Volue software implementation at Enel Green Power O&amp;M Hydro Italy.

Project Manager for the Volue software implementation at Enel Green Power O&M Hydro Italy

&ldquo;The Valmalenco implementation is a very good example of Volue&rsquo;s focus on automation&rdquo;, says Camilla Thorrud Larsen, SVP Energy Solutions at Volue.
&ldquo;This project confirms our ability to implement our innovative software in a short time, which satisfies concrete business needs and creates high value for our clients. For most of them, automation of critical business processes is a key factor for success&rdquo;, she adds.

Leading Italian power producer Enel Green Power has automated its planning and dispatching processes for the Valmalenco valley power plants with Volue’s software.

Enel Green Power Automates Processes With Volue’s Software

<a href="https://en.wikipedia.org/wiki/Luminus_(company)">Luminus</a>, the Belgian energy company, part of French energy conglomerate&nbsp;<a href="https://en.wikipedia.org/wiki/%C3%89lectricit%C3%A9_de_France" target="_blank" rel="noreferrer noopener">EDF</a>, has implemented Volue software to further optimise production from its gas power plants in the Belgian reserve and spot markets.
&ldquo;Luminus&rsquo; gas power plants provide stability to the power system, thus enabling a strong influx of volatile, renewable energy sources,&rdquo; says Marco Boninella, Sales Manager and Solution Specialist at Volue.
The Volue power generation optimisation software enables Luminus to maximise the profits from its flexible resources.
&ldquo;The increase of renewables and decentralised production units makes the optimisation world more complex and volatile. Volue software has helped us build a user-friendly, agile, and value-adding optimisation toolset to increase the value of our assets and ensure market compliance,&rdquo; says Gregory Michiels, Corporate Director Optimisation at Luminus.
Following an evaluation, Luminus recently decided also to benefit from Volue market data and forecasts.
&ldquo;Volue's market data and forecasts will enable us to make better decisions, further optimising our portfolio,&rdquo; says Michiels.

Belgian green energy leader Luminus adds Volue market data and forecasts to power optimisation software as part of partnership.

Luminus Will Use More Volue Services as Part of Partnership

Luminus will Use More Volue Services

DeltaXE is Volue&rsquo;s trade and logistics software for the European power and gas markets. It serves as a real-time position management solution capturing all trades and positions across all markets. DeltaXE helps power producers and energy traders streamline their operations, and its straightforward scheduling support makes integration with European power and gas markets hassle-free.&nbsp;
To date, Trailstone has helped optimise more than 18,000 MW of renewable energy assets, supported by solutions like Volue&rsquo;s DeltaXE. &nbsp;
<h2>About Trailstone&nbsp;</h2>
<span class="NormalTextRun SCXW266630546 BCX8" data-ccp-charstyle="normaltextrun" data-ccp-charstyle-defn="{&quot;ObjectId&quot;:&quot;218c2b4d-f71c-43fd-b8ad-c71dd7648da3|36&quot;,&quot;ClassId&quot;:1073872969,&quot;Properties&quot;:[469775450,&quot;normaltextrun&quot;,201340122,&quot;1&quot;,134233614,&quot;true&quot;,469778129,&quot;normaltextrun&quot;,335572020,&quot;1&quot;,469778324,&quot;Default Paragraph Font&quot;]}">Trailstone is a global renewable energy trading and asset management firm that provides risk management and energy optimisation to improve production and financial returns. The company offers a fully automated end-to-end renewable power management platform, backed by a successful track record in energy trading
<h2>Trailstone&rsquo;s use of DeltaXE includes:&nbsp;</h2>
<ul>
 <li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" aria-setsize="-1" data-aria-posinset="1" data-aria-level="1">Power scheduling in 15 European markets, including cross-border capacity management and scheduling on all interconnectors. &nbsp;</li>
 <li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" aria-setsize="-1" data-aria-posinset="2" data-aria-level="1">100% automated portfolio balancing and power scheduling. Trailstone can run its position management and scheduling in 15 European countries with only one employee, thanks to the high automation of DeltaXE.&nbsp;&nbsp;</li>
 <li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" aria-setsize="-1" data-aria-posinset="3" data-aria-level="1">The use of DeltaXE&rsquo;s real-time position views and a contract management module.&nbsp;</li>
 <li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" aria-setsize="-1" data-aria-posinset="4" data-aria-level="1">A bidirectional interface that keeps all contracts in sync.</li>
 <li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" aria-setsize="-1" data-aria-posinset="5" data-aria-level="1">Fast implementation of new market changes.&nbsp;</li>
 <li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}" aria-setsize="-1" data-aria-posinset="6" data-aria-level="1">24/7 operations and support.</li>
</ul>

Learn more about DeltaXE

Trailstone, a global energy and technology company, uses Volue’s DeltaXE solution to navigate the complexities of the energy market with precision and efficiency.  

Volue’s DeltaXE solution continues to support Trailstone’s profitability 

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