Volue Smart Power: Automated production planning and trading
Automation and asset optimisation are key to capture the value of your assets in the power markets. By automating and optimising the production planning and trading process, Volue’s new Smart Power software suite contributes to increased revenues.
Optimise the use of hydro, thermal, wind, solar and batteries to maximise profits and provide decision making support for trading processes.
Integrated production planning and trading processes allows participation in all physical power markets: day-ahead, balancing markets and intraday markets.
Enable event-driven automated processes to stay ahead of the curve.
Volue Mesh simplifies and provides maintainability and scalability for your data management.
Multi-asset optimisation to maximise profits
With more weather dependent market fluctuations, price volatility and changes in the European market design, power production planning and trading becomes more challenging. Volue Smart Power optimises your assets and connects them with the markets, resulting in increased efficiency and maximised profits.
Volue Smart Power's optimisation models for production planning and bidding handle large multi-asset portfolios, using advanced mathematical optimisation methods and algorithms to ensure calculation times are low. They allow for a detailed modelling of all asset types and can take into account highly complex constraints and restrictions.
Integration connects assets
Volue's trading solutions integrate seamlessly with the Smart Power software suite and connect your assets to the relevant European physical markets. This supports the bidding process, ensures compliance and lets you apply advanced trading strategies in short-term markets. Trades can be executed quickly, effectively and automatically.
Flexible and scalable data and time series management system
Volue Mesh is based on an open and flexible object-based data model. In Mesh, you can model the objects that are relevant to your portfolio with their attributes, time series and links to other objects. Data modelling with Mesh gives context to data; making it available, maintainable and accessible. Mesh is delivered with APIs allowing users to integrate and build solutions on data in Mesh.
Volue Mesh can be tailored to your requirements and is set up with a starting point for modelling power production assets for asset optimisation and trading processes. As an example, you can easily model your hydro, thermal or renewable portfolio, and use this for optimisation and trading processes.
Automate processes to free up time
The Volue Automation Framework enables event-driven automation of business processes for production planning and trading. This contributes to increased profitability of your production assets and frees up time to consider market opportunities.
The Automation Framework allows for flexible process configuration based on event or time triggers for execution, and build-up of processes for automation based on execution of tasks such as optimisations, calculations, imports or exports. The process modelling is based on the BPMN 2.0 standard which enables efficient configuration and maintenance of processes.
Learn more in our webinar
Join us for an introduction to Volue Smart Power on 1 June. Read more and sign up here.