DAM Operation Automation
EMAS.TRADE: Energy Trading - decision support system for effective operation in wholesale electricity and capacity market (DAM)
EMAS.TRADE contains all necessary functions for timely and effective management decisions to increase marginal profit and CHP plant efficiency in DAM.
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System Purpose
The system's primary purpose is improving power plant operational efficiency through automation of
EMAS.TRADE trading system is designed to improve thermal and electric energy production and sales efficiency:
- Maintaining and storing regulatory reference information
- Automated collection, primary processing and storage of DAM operation data
- Automation of applications processing with ATS and SO UES
- Real-time monitoring of market operational information and power plant generation
- Automation of DAM financial metrics processing
- Automation of DAM regulatory calculations
- Implementation of management decision support functions
- Data analysis and reporting system development
- Automation of DAM, unit commitment, and balancing market applications preparation and submission
- Accounts receivable management
- DAM operation report builder
Objectives
- Creating unified trading information space
- Collection, processing, analysis and storage of all DAM participant operation data
- Factor analysis of company's energy market activities
- Automation of price bids calculation, submission and acceptance control
- Integration of analyzed data with corporate reporting
- Simple and intuitive report building
- DAM operation cash flow planning
- Energy trading departments optimization
- Profit maximization in DAM operations
- Automation of operational-commercial accounting
Features and Efficiency
EMAS.TRADE module implements three-tier application architecture. Supports multi-user operations. Operates on thin client technology.
Development and technical support of the software product are carried out by highly qualified specialists — employees of JSC "NBI", who have experience working in generating and energy retail companies, and are also experts in the WEM field. We implement a comprehensive automated information system for data collection to ensure effective operation in the WEM.
All DAM regulatory calculations are implemented in the system.
Balancing market operational and actual calculation error is less than 1%.
The system provides necessary information for appropriate management decisions.
Report builder functionality implemented. Providing required information via customizable dashboards.
Core Functions
- Real-time automated data collection
- Factor analysis of company's DAM performance
- Analytical data preparation
- DAM market and competitors analysis
- Integration with external information systems
- Daily monitoring of station and trading efficiency
- Processing DAM, unit commitment applications and form 30308
- Operational planning
- Operation mode control
- Work with accounts receivable and financial and economic activities
Advantages
- Clear understanding of maximum profit potential
- Automatic data collection from all required sources
- Automated application preparation and submission
- Automatic regulatory calculations
- Provision of analytical reporting
- Transparent generation plan coordination with the station
- Easy training of new employees
- Automatic hourly calculation of the estimated unregulated price (EUP)
- Easy creation of custom reports
- Integration with external information systems
- High variability in methods of delivering analytical information\
- Information available anytime anywhere
Modules
- Optimal applications preparation
- Regulatory calculations execution
- Management dashboards
- Analytical reporting subsystem
- Work with accounts receivable
- Section locking determination
- Demand and supply curve calculation
- Competitor startups/shutdowns determination
- Calculation of budget deviations
- Calculation of ∆GGO
- Factor analysis of profit
- Business planning
Cost
EMAS.TRADE software license cost is determined per JSC "NBI" internal licensing policy
EMAS.TRADE software licensing is performed per DAM market entity
Interface examples
Documentation
Implementation examples
Implementation of the energy trading system in 20 branches of PJSC "RusHydro"
Implementation of the information and analytical system at PJSC "Mosenergo"
Implementation of the optimization system and the energy trading system at LLC "Nizhnekamskaya CHP"
Implementation of the IAS "EnergoRynok" for PJSC "Quadra" and LLC "Quadra-Energosbyt"
Development of the information system "Commercial Dispatching"
Implementation of the energy trading system at LLC "LUKOIL-TSUR"
Implementation of the IAS for energy trading at "VO Technopromexport"
Development of the information and analytical energy trading system for PJSC "Mosenergo"