Schedule Demo

Tag: Trading Management

  • Stochastic Trade Valuation

    Stochastic Trade Valuation

    Company

    Small company trading power and gas in PJM.

    Challenge

    Provide straight through processing end-to-end solutions for a small company including pre-trade valuation, trade capture, confirmation, trade monitoring, and risk management.

    SATURN

    • Provided comprehensive straight-through processing platform and integrated trading workflows.
    • Deployed advanced trade valuation with effective risk management and hedging capabilities.
    • Streamlined time-consuming market updates, position management, and reporting.

    Impact

    • Improved pre-trade valuation, post-trade monitoring, and margins forecasting.
    • Consolidated critical business management functions onto single platform.
    • Generated substantial cost and time savings by eliminating multiple system licenses.

    SATURN Applications

  • Day Ahead and Real Time

    Day Ahead and Real Time

    Company

    Small IPP operating power plants in ERCOT.

    Challenge

    Deploy data-driven market analytics and facilitate critical early morning day-ahead vs real-time decisions for multiple generation units with varying cost and performance characteristics.

    SATURN

    • Developed extensive data mining and analysis that deliver actionable market intelligence insights.
    • Established data-driven metrics that facilitate informed operational decisions with confidence.
    • Enhanced day-ahead decision quality and improved operating margins.

    Impact

    • Improved day-ahead real-time operating margins by over 20%.
    • Saved staff time and empowered team with advanced and integrated on-demand solutions – in minutes.
    • Automated reporting, data visualization, workflows, and documentation with comprehensive integration.

    SATURN Applications

  • Optimize Operations

    Optimize Operations

    Company

    Medium-size energy provider that serves customers in West Texas and Southern New Mexico.

    Challenge

    Optimize short-term operating plan for next 5-7 days including unit commitment, economic dispatch, outage planning, fuel management, and short-term trading.

    SATURN

    • Provided improved modeling of operational constraints that lower operating costs.
    • Enabled rapid setup, comprehensive what-if scenario modeling, and extensive sensitivity analysis.
    • Established cross-department collaboration and enabled online coordination.

    Impact

    • Reduced operating costs by 3 to 5% across several months.
    • Improved staff productivity and empowered team with on-demand solutions.
    • Facilitated coordination with trading team and enabled more effective trading.

    SATURN Applications

  • Trading Management for Large Retailer

    Trading Management for Large Retailer

    Company

    Trading subsidiary that procures power supply for a multinational retail company with supermarkets across the US and UK.

    Challenge

    Streamline straight-through solutions for pre-trade valuation, trade capture, mark-to-market, value-at-risk, position management, settlement, and scheduling.

    SATURN

    • Enabled trading subsidiary of a multinational retailer to capture, evaluate, and schedule power trades in the US and UK.
    • Facilitated advanced trade valuation, effective risk management, and on-demand position management and reporting.
    • Streamlined trading, data management, reporting, scheduling, and reporting and integrated end-to-end solutions.

    Impact

    • Saved staff time and empowered team with on-demand solutions – in minutes.
    • Integrated US and UK operations and enabled trading and risk management with a global view.
    • Automated reporting, data visualization, workflows, and documentation with comprehensive integration.

    SATURN Applications

  • Model Oil Shale Production Planning

    Model Oil Shale Production Planning

    Company

    Energy company operating power production using oil shale extracted from local mines.

    Challenge

    Optimize the combined generation of electricity and steam using oil shale under various operational constraints and market price volatility and uncertainty.

    SATURN

    • Modeled one of the most complicated multi-product operating systems including oil shale, fuels, heat, and power.
    • Simulated correlated market prices and co-optimized multi-product operations for various market and operating conditions.
    • Empowered fast simulation and optimization, streamlined data setup and analysis, and provided on-demand reporting.

    Impact

    • Developed optimized framework for complex multi-product operations.
    • Enabled integrating advanced stochastic simulation with multi-product co-optimization.
    • Identified operation plans that reduce costs and manage risks.

    SATURN Applications

  • Optimize Power Sale Agreement

    Optimize Power Sale Agreement

    Company

    Large energy company that operates oil refineries in Northern and Southern California.

    Challenge

    Structure power sale agreement to maximize margins by selling surplus power while maintaining primary focus of meeting the power and steam needs of company refinery.

    SATURN

    • Developed re-usable framework to analyze and compare alternative power sale agreements with local utility and trading firms.
    • Streamlined market price simulation, optimized refinery operation, power sale analysis, and margin and risk management
    • Enabled cross-departments coordination, online results review, on-demand reporting, improved margins, and reduced risks.

    Impact

    • Structured improved power sale agreement that adds over 10 million dollars per year to the bottom line of one refinery.
    • Saved staff time, improved organization skills, and enabled cross-departments collaboration.
    • Empowered advanced optimization of refinery operation that enabled improved analysis of plant modernization.

    SATURN Applications

  • Forecasting and Position Management

    Forecasting and Position Management

    Company

    Integrated company operating a fleet of diverse generation assets in eastern Texas.

    Challenge

    Develop short and long-term operating plans to meet customer demand subject to state and federal regulations including FERC, NERC, and Texas PUC.

    SATURN

    • Implemented market calibration that derives simulation parameters and enables reliable market price forecasts.
    • Integrated market price simulation, generation optimization, load analysis, trading, and position management.
    • Empowered advanced stochastic simulation of generation production, costs, and margins.

    Impact

    • Empowered same-day analysis of management requests and enabled decision-making with confidence.
    • Automated customized daily reports for analysts, managers, and executives.
    • Streamlined data setup, reports visualization, and cross-departments collaboration.

    SATURN Applications

  • Fuel Costs Hedging for an Airline

    Fuel Costs Hedging for an Airline

    Company

    International airline that operates a fleet of over 50 aircraft across 4 continents.

    Challenge

    Improve hedging strategy by using simulation-based forecasting and risk management solutions that enable advanced risk metrics and more accurate fuel cost forecasting.

    SATURN

    • Simulated most likely future jet fuel prices using most recent forward curves and captured market dynamics and price volatility.
    • Developed dynamic hedging strategies that comply with risk policy and analyzed impacts on airline margins and risks.
    • Empowered fast analysis of alternative strategies and enabled developing improved hedging and regular updates.

    Impact

    • Enabled advanced simulation-based analysis of structured hedging alternatives.
    • Identified effective risk management strategies that significantly reduce extreme risks.
    • Developed re-useable framework that enables fast updates and dynamic hedging.

    SATURN Applications