Volue unveils new trading platform for wind and solar operators
Volue, a leader in technologies and services that enable its customers to succeed in the energy transition, has today launched its new Position Closer solution.
The SaaS solution addresses a critical gap in the sector by offering affordable, automated trading tools, that empower energy operators to optimise their portfolios without needing a full-time trading desk, or deep knowledge of market intricacies. Its introduction is particularly timely given the surging demand for flexible, market-responsive energy management tools in the face of growing renewable energy adoption.
Volue Position Closer enables its users to automatically close open energy positions in real-time, leveraging advanced algorithms to track and respond to market fluctuations. This allows energy producers of all sizes, renewable portfolio managers, and municipal utilities to minimise energy imbalance costs.
The solution’s SaaS model ensures easy onboarding as well as seamless integration with existing operational systems, requiring users only to upload their intraday positions. From there, the platform monitors market prices and manages positions automatically. Users can track performance through an intuitive dashboard or drill down into portfolio-level data for deeper analysis.
A complete software ecosystem tailored for renewable energy operators
Volue Position Closer is the first module to be launched from the new Volue Green Empower ecosystem. The Volue Green Empower ecosystem will, over the next 18 months and beyond, be extended to include several new modules covering the entire value chain of renewable energy operators, while constantly integrating customer feedback.
These innovative solutions will be tailored specifically for wind and solar operators, complemented by Battery Energy Storage Systems (BESS). It will include price forecasting, nomination, battery optimisation, and reporting, further strengthening Volue’s commitment to empowering renewable operators.
On the launch, Martin Teci, VP of Volue’s Strategic Growth Initiative, said: “As the global energy sector shifts towards more sustainable and decentralised systems, new entrants to the market, as well as established players that manage renewable portfolios, face the challenge of staying competitive while managing market volatility.
“With Volue Green Empower, we aim at liberalising direct participation in the energy market for all renewable operators by offering them software that is easy to implement and easy to use – at a competitive price point.
“As a first step we deliver Volue Position Closer which helps level the playing field, giving these operators the tools they need to optimise performance, reduce risks, and contribute more effectively to the energy transition.
“By offering cutting-edge yet accessible solutions, we aim to support the industry’s transition to a cleaner and more resilient energy future. Our upcoming product releases will further address the specific needs of renewable operators, helping them to thrive independently in a rapidly evolving market.”