Renewable energy sources are notoriously intermittent. Intermittent energy sources cause greater price volatility and influence constraint management activity on the grid, creating both challenges and opportunities for energy traders.
As well as maintaining the energy balance between generation and demand, grid operators must manage constraints on the network such as thermal, voltage, and inertia limits. Increasingly these constraint management actions are influencing how assets are being utilized in the intraday and balancing markets, presenting energy traders with more complex decisions on the optimal strategy. As a result, there is an ever-increasing need for fast, reliable short-term forecasting and market data tools to support decision-making.
The good news is that energy traders can now obtain real-time grid insights via Reactive Technologies Tradenergy® solution.