Powel has several software solutions that are associated with the trading process:
Powel Bidunites the planning and bidding activities in a common work process. The planning and bidding tasks are presented in one common work area, Powel Nimbus. This makes information exchange between planners and traders more efficient.
Another important Powel product is Powel Intraday trading (PIDT). PIDT is a standalone, online trading solution, designed to connect your energy markets and your portfolio in real time. The trades are performed manually and the solution supports the Nord Pool and EPEX exchanges.
With Powel Algo Trader (PAT), you can automate complex trading strategies in the intraday market. It is important to be able to act quickly so as to obtain the best price. Algo Trader contains algorithmic automation tools to handle your trading on North Pool or EPEX Spot every day.
Powel Ancitragives you the opportunity to bid on capacity and energy delivery in the balance markets. Power plants must ensure that they have sufficient reserves in relation to the regulations of the system operators (TSO). The solution will include bidding on capacity in the primary (FCR), secondary (aFRR) and tertiary reserve markets (mFRR), as well as bidding on delivery in the energy market for secondary-(aFRR) and tertiary reserves (mFRR). Powel is working on developing Ancitra so that it will apply for both the Nordic and European markets, since their market rules are being harmonised.
Finally, it is important to mention Powel DeltaXEand Powel Nimbus in conjunction with the trading process. In DeltaXE you manage your overall trade position across power markets, while Nimbus manages the production schedules of power producers.