The past years have seen an emergence of renewable electricity generation which caused a shift to short-term and intraday trading. Traders use the intraday market to optimize their position to reduce risks associated with unexpected imbalance prices charged by the TSOs, while others see the Intraday Market as an important tool for their portfolio management. Renewable generation is less predictable, introducing volatility, where positions may change rapidly and decisions are based on multiple information sources. To manage exposures and capitalize on opportunities, it requires a live, real-time system with automated market connections to the SPOT markets; Intraday Markets: Real Money in near Real Time!
For the 9th year, Energy Trading Operations & Technology Summit (ETOT), held in London on 7-9 November, provided an opportunity to discuss best practices and solution to the most pressing challenges around operational and technology issues. Pioneer Solutions joined them as proud sponsor and as a true Pioneer staying ahead of developments in the energy market, while meeting with 180+ participants and information them how its solutions can add value to their operations.