SOLV: Trading, scheduling and position management software.

Designed around key energy market principles, SOLV harnesses Quorum’s unrivalled experience to deliver a range of tools that reflects the needs of the leading-edge businesses that are forging our new energy system and need fast, reliable energy trading, scheduling and position management software.

SOLV Trader - Energy trading and decision support

Fast, accurate and reliable. The qualities you need when you’re trading in a dynamic market and every second counts. SOLV Trader tracks your costs, calculates spark spread and strike prices, monitors exchanges, recommends buy and sell orders and translates trading outcomes into dispatchable profiles. The information you need is delivered in a clear, intuitive display that simplifies your market view. SOLV Trader is a key component of our energy trading, scheduling and position management software suite.

Capturing Your Position

SOLV Trader interacts with ETRM systems to capture trade data and calculate an asset level position. In parallel, SOLV ingests market data to calculate SRMC and Spark Spread based on bespoke pricing algorithms. Availability data is acquired from your asset control system to complete a 360 degree view of your portfolio which is presented in a clear, intuitive UI .

Day-Ahead Auction Bids

SOLV Trader formulates day-ahead auction bids reflecting EPEX ETS and Nordpool N2EX standards. Asset buy/sell volumes are aggregated into price bands based on configurable margin thresholds and limits. Once bids have been finalised, prices and volumes can be submitted to exchanges according to auction deadlines.

Following each auction, results are captured and aggregated to BMU level to create a baseline for dispatch profiles. A feedback loop to your ETRM ensures the integrity of your position and provides the data required to update ECVNs.

In-Day Trading

SOLV Trader provides a dynamic baseline for continuous trading. Integration to M7, via our EPEX certified API, allows for the acquisition of market data providing a dynamic view of market depth and liquidity, while customer specific decision support algorithms highlight trading opportunities that enable you to capture value in line with your margin and risk strategies. Trade execution is always in the hands of the trader.

As trades are executed, SOLV Trader automatically refreshes your position and updates both your ETRM and dispatch systems. Aggregation to BMU level and integration with SOLV Scheduler ensure accurate BM submissions.

SOLV Scheduler - dispatch planning and BM price automation

As more participants enter the BM and flexibility is delivered in a myriad of different ways, pricing becomes more dynamic and conditions change more often and more dramatically. SOLV Scheduler enables you to ensure that your Bid Offer prices reflect the changing status of your assets over time and the pricing offered by your competitors.

Using SOLV Scheduler, you can build up a generation and consumption profile by inputting a series of instructions to form the basis of your PN while respecting plant dynamics. MEL and MIL values can be based on availability forecast data imported from SOLV Calendar, your own systems using the Sentinel API, or values entered via the UI. Bid Offer prices are assigned according to the changing status of the plant and pricing libraries facilitate rapid price updates.

SOLV Calendar - availability and market transparency management

SOLV Calendar brings together the ability to model availability and integrates disclosure management for REMIT and OC2.

Bespoke availability calculations are based on asset dynamics, outage plans and other external factors such as weather conditions to ensure that you have a handle on the energy you can offer to the market for each period. The resultant availability data can be utilised either as EDT submission data or an input to dispatch planning.

By using SOLV Calendar, you can be confident that the volumes you trade reflect your capabilities, accurately ensuring that you are optimising the value you capture from your assets.

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