Volue Balancing provides automated bidding support for participation in the balancing markets. The solution covers the balancing capacity markets and the energy activation markets, and has a direct interface with the TSOs to send bids and process results. Volue Balancing supports the European market design as introduced through the EU harmonisation platforms of MARI and PICASSO. Volue Balancing is provided as Software as a Service (SaaS).
Take advantage of the balancing markets by bidding in the energy activation market every quarter-hour (96 times per day). Automate the bidding process by setting up automatic schedules and recurrent jobs. Reduce operational risks with the automated updates of your reserve market obligations and options.
Participate in all balancing markets and unlock the value of your flexible assets. Get a unique overview of your flexibilities, obligations and limits, and efficiently bid available flexibility in the different balancing markets – including primary, secondary and tertiary (FCR, aFRR, mFRR).
Integration with optimisation solutions
Open and modular, integrate Volue Balancing with any production planning or optimisation solution. Import bid suggestions from optimisation solutions as a starting point for bidding in capacity or energy activation markets. Bid available energy at optimal, profitable prices and increase revenue by creating and updating bids close to real-time.
Delivered as a SaaS solution, Volue Balancing is up and running instantly. With useful documentation and help function, start using Volue Balancing right away. Guidance and initial workshops are available on request.
Volue Balancing makes it possible to automate your participation in the balancing markets and to utilise your flexibility by rebidding every quarter-hour in the 15-minute markets.
Volue Balancing is for Balancing Service Providers who would like to monetise the value of their flexibility through participation in the balancing market capacity auctions and the balancing energy activation market.
Volue Balancing is currently available in the Nordics, Switzerland, Belgium and Germany. We are in the process of adding support for further countries. Contact us if you are looking for a solution for another European country.
Volue Balancing can be used as a standalone application for bidding in the balancing market, but it can also be integrated with a production planning or optimisation solution.
Integration with a production planning or optimisation solution offers:
Import and synchronisation of the planned production per asset, minimum production, maximum production and other limits. This allows, for instance, to adapt the bids when the planned production of your assets changes.
Import of bid suggestion generated by the optimisation solution – for instance, based on the import of marginal costs as a basis for bidding in the energy activation market.
Volue Balancing can be integrated with any production planning and optimisation tool based on a standard API.
Volue Balancing can be used seamlessly with Volue’s optimisation solutions.
Volue Balancing is a cloud-based SaaS solution which means that you would not need to install the application and configure it. Accessed through the web, the application is already running and configured. It’s ready for you to use. In addition, we have regular releases and upgrades that become immediately available to you.