Volue Balancing

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).

Automated bidding

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.

Monetise flexibility

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.

SaaS solution

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.

Eivind Graversen Product Manager, Volue Balancing
Eivind Graversen
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Key functionality

  • Intuitive overview of current bids and reserve obligations in all markets.
  • Support for bidding of both balancing reserve capacities and balancing energy.
  • Bid generation through:
    • Manual bid entry or adaptation through the user interface.
    • Automatic bid generation based on limits and rules for your assets.
    • Integration with any production planning or optimisation solution.
  • Comprehensive automation functionality, e.g. to adapt bids and send bids every 15 minutes in the balancing energy market.
  • Direct communication with TSO through a supported communication channel for the given market.
  • Support for the market rules of the new European balancing market design based on the introduction of MARI and PICASSO as European platforms.
  • Support for automation of the electronic activation process for mFRR.

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