Intraday algo-trading for a power producer: position closing and flexibility optimizer

Site — Case Study: Intraday Algo-Trading (Cost and Imbalance Risk Reduction)

Client: Independent Electricity Producer

Client Challenge

  • Reduce costs and risks related to imbalances without complicating operations and without changing the balancing responsible
  • Integrate newly installed batteries into a portfolio strategy, rather than SPV by SPV

E6 Solution

  • Market access and ready-to-use intraday trading algorithm: position closing and flexibility optimizer
  • Automation via API: the client sends real-time data and updated forecasts, E6 optimizes portfolio positions on the intraday market, the client retrieves transactions and the physical schedule
  • The client keeps their historical balancing responsible and E6 manages the nomination of traded volumes to them (NB: E6 can also be the balancing responsible)

Benefits for the Client

  • Instant 60% reduction in imbalance costs
  • Instant risk reduction thanks to E6's ability to close over 95% of open positions
  • Confidence through E6's expertise in electricity markets, with deep knowledge of imbalances and intraday markets
  • Simplicity through automation and integration