Though power cannot be seen with the naked eye, it is a physical commodity that is moved from where it is produced to where it is consumed. Our team develops and maintains systems that help our traders find the most optimal way of flowing power across markets. To do that, we have power grids that connect countries across borders.
In buying and selling power, traders need to buy grid capacity to make sure that there is free ‘band width’ to flow the power. In some markets, an IT system automatically matches market bids if transmission capacity is available, meaning the power is flown automatically through the exchange.
When this is not the case, our optimisation models are ready to play their part. When the capacity is in place and deals have been struck, the optimisation models are ready to play their part. These systems are essentially mathematical models that combine a wide range of factors – the trades crisscrossing geographical borders, the grid capacities acquired for the given time, price expectations and market data. Based on these factors, the systems establish the optimal way of distributing the power from where it is produced to where it is consumed. As fast as snapping your fingers. Again and again. 24/7.