Speed up power trading with ITA Aachen, October 31, 2019 – envia Mitteldeutsche Energie AG (enviaM), headquartered in Chemnitz, markets the flexibility of its own power plants and customer plants in short-term trading on the EPEX SPOT and Nord Pool power exchanges. From now on, enviaM receives support by ITA, an intraday trading solution from ProCom. It enables the leading regional energy service provider in East Germany to trade quantities automatically and implement trading strategies more quickly. ITA consists of an intraday market monitor, a portfolio manager and a trading assistant. The market monitor provides an overview of the current market; intraday order books, products and price developments can be tracked in real-time. The portfolio manager provides transparency on the production status, schedules and positions and supports rolling optimization. The trading assistant is the interface to the power exchanges EPEX SPOT and Nord Pool and simplifies processes such as bidding. ITA also offers the option of defining trading strategies and automatically creating bids based on them. “Compared to ‘manual’ trading, intraday trading with ITA is much easier”, says enviaM project manager Daniel Panitz. The transparent software interface and workflow features also contribute to this. Among other things, profiled orders requested… continue reading
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Source: CTRM Center