energyTRADE intelligently optimises planning of simultaneous bidding in both the day-ahead, regulating and primary reserve electricity markets.

Based on various input data e.g. weather forecasts, electricity spot price prognoses, expected heat demand and thermal storage content, energyTRADE calculates the optimal operation in quarterly, half hourly or hourly time steps. The output is a detailed graphical and numeric production plan containing the proposed operation for each energy unit. The production plan shows the amounts of energy and bidding prices to be offered in every time step and the estimated economic result for the specified period.

The production plans with bidding prices and quantities as well as actual production schedules subsequently received are seamlessly exchanged between the energy plant and the balance responsible party (BRP) directly in energyTRADE.

A derived benefit of having an energyTRADE solution is that it also includes a detailed energyPRO model setup of the energy plant, which can be used to analyse any changes in the plant operation strategy or investments in new technology.