Explore our library of blogs and updates for the latest in AI and short-term power trading.
Belgium will join the European cross-border balancing platform PICASSO. This step aligns Belgium with the EU’s broader efforts to harmonize balancing markets, enhancing the coordination of aFRR activations across borders.
In just a few days, Dutch Transmission System Operator (TSO) TenneT will join the European cross-border balancing platform PICASSO, making the Netherlands the first country to go live after Italy suspended its participation.
Our power generation forecasts and automated bidding strategies can now seamlessly integrate with PowerBot’s execution algorithms. PowerBot’s customers can leverage AI-driven renewable forecasts without any additional effort.
Although the cost of producing green power has decreased, the expenses associated with integrating it into the grid are rising. Moreover, volatility and negative prices are spreading to new regions.
The 2024 power markets’ ‘word-of-the-year’ has been ‘flexibility.’ If you’re trading renewables on the Belgian short-term power market, read on and unlock a new profit-making opportunity.
The reform brings a shift from hourly to 15-minute intervals for tracking and settling imbalances in supply and demand. We give the floor to Małgorzata Kucharska, Managing Director at GEWI Sp. z o.o.
In Italy, the rollout of the PICASSO balancing mechanism triggered problematic price fluctuations. We spoke to five short-term traders at Italian firms WET and Nadara to understand the impact.
Delve into the trends that have shaped short-term power trading in Europe in 2023 and reflect on how the market will evolve in 2024. If you’re leading a short-term trading unit, you’ll find recommendations you can apply right away.
Trade Optimization is an automated trading strategy that helps big renewable power producers reduce balancing costs by including market surplus/ shortage predictions to optimize their positions on the day-ahead market.