The growth of wind and solar is increasing price volatility, which creates challenging conditions for electricity traders.
Maximizing revenue requires price forecasting and optimization that go beyond human speed and ability.
Independent power producers and utilities need new bidding strategies and tools that can unlock the value of their storage and renewable assets.
24x7 bidding and trading point of contact for operations to and from AEMO and inform or take appropriate action as directed.
Real-time rebidding for dispatch to AEMO MMS on a 5 minute basis in all registered markets in compliance with NER requirements.
Allow a Trader to override automated trading decisions and manually intervene in certain situations.
Trading strategy guides all the operations,and will be reviewed as required.
Track and report on performance against dispatch instruction and actuals.
Track and report on actual trading performance including total revenues per market, prices achieved and activities volumes.
Track actual revenue performance against alternative trading strategy performance.
Bidding and rebidding activities summary or the actions taken and any related observations or recommendations; and any non-conformances and the actions taken.
Support for application for registration as a Generator and Customer in the NEM.
Optibid to be appointed a Registered Participant Agent to facilitate the required trading services.
Based on weather and historical trading data, multiple forecasting models are used to predict current market price and demand trends.
The optimal trading strategy flexibly adapts to each trading market, and guides Auto-Bidding system to trade intelligently and automaticly.
Auto-Bidding Platform is Optibid’s proprietary optimsation platform that makes
auto-bidding by forecasts and trading decisions to maximise not merely the revenue but rather the gross profit over assets’
lifetime on a risk-adjusted basis.
Optibid’s platform provides our clients with access to their asset performance including actual and forecast pricing, dispatch and market revenues information all in real time.
Optibid is able to customise our portals to suit your exact monitoring and reporting needs.
Optibid’s support services enable us to deliver timely, integrated, and high-quality service on behalf of our clients. Our experienced software and support teams can promptly and effectively address any issues through a wide range of service methods.
