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Services / Choose a package according to your operational needs

Services / Choose a package according to your operational needs

Services

Choose a package according to your operational needs

Package Description

 

IS YOUR FLEXIBLE PRODUCTION ALIGNED TO THE POWER MARKETS?

The Production Planning Package is ideal for producers aiming to profit from market opportunities for flexible generation whilst keeping their current trading & market access provider.

On a daily basis, HYDROGRID will derive the optimal day-ahead generation plan for your flexible power plant whilst taking into account efficiency best-point of your turbines. We then communicate the day-ahead market sales volumes  directly to your current power trading partner and will schedule the correct dispatch of your plants for you by interfacing with your plant control / SCADA system.

By aligning the dispatch of your plant to the hours with the highest prices based on our cutting-edge price and inflow forecasts and integrated optimization model, we can increase revenues whilst at the same time saving you several hours of time each week.

This package Includes

  • HYDROLOGICAL MODELLING & INFLOW FORECAST
  • PRICE FORECASTING FOR DAY-AHEAD MARKET
  • INTEGRATED LONG-, MID & SHORTTERM OPTIMIZATION
  • DAILY CALCULATION OF OPTIMAL DAY-AHEAD SALES VOLUME
  • INTERFACE TO CURRENT TRADING / MARKET ACCESS AGENT
  • SCHEDULING OF OPTIMAL DISPATCH VIA PLANT CONTROL / SCADA SYSTEM
  • REPORTING & BENCHMARKING
  • OPTIMAL PLANNING OF NECESSARY MAINTENANCE

Details

If you own a flexible power plant, aligning your production to market prices is crucial to the financial results of your company. But if your plant is under 20 MW, you may believe that the financial benefit you can achieve from planning your dispatch in an optimal way does not justify the additional requirements this would place on your IT systems and team. This is why HYDROGRID offers end-to-end production planning services tailored specifically to the needs of small flexible hydro producers.

INDIVIDUAL MODELLING AND OPTIMIZATION OF EACH PLANT  

Based on a detailed hydrological modelling of your plant as well as our high-precision price forecast, HYDROGRID will derive the optimal day-ahead generation plan for your flexible power plant whilst taking into account the efficiency best-point of your turbines. Our integrated optimization technology hereby allows us to tailor results individually to each plant: Depending on the storage volume of your plant, we apply the necessary long-, mid- and short-term forecasting and optimization procedures (spanning a planning horizon from years to only hours into the future) to ensure that you create maximal value from your production.

FULLY AUTOMATED INTERFACES

If you wish, HYDROGRID will communicate the optimal day-ahead market sales volumes directly to your current power trading partner and will schedule the correct dispatch of your plants for you by interfacing directly with your existing plant control / SCADA system. All necessary interfaces to enable daily automated production planning service will be implemented by HYDRORID  at no additional cost to you. As a result, the daily optimal planning of your flexible plant is carried out in a fully automated fashion for you without the need to apply additional resources from your side so that you can focus on what is most important to you: The optimal performance of your portfolio.

FULL TRANSPARENCY AT ALL TIMES

As the owner of the plant, you are of course always up to date and can adjust the dispatch plan at any time (e.g. for required maintenance or other operational reasons). Our extensive reporting covers all aspects of optimization & plant performance and can be tailored to your needs, ensuring highest transparency.

OUR PROMISE

If you own a flexible power plant, we are confident in our ability to increase your revenues by optimally planning your production – that is why our fees are mainly performance based, allowing you to try our services risk-free.

CONTACT US to receive an analysis of the untapped potential in your portfolio free of charge!

Is this package not right for you? CHOSE ANOTHER SERVICE PACKAGE

Package Description

 

HAVE YOU CONSIDERED MINIMIZING COSTS FOR MARKET ACCESS & IMBALANCES?

The Power Trading Package is ideal for run-of-river power plant owners looking to increase their profits and minimize operational workload.

On a daily basis, HYDROGRID will forecast day-ahead power generation based on our hydrological & meteorological models and access all power markets to sell your production in an optimal way (including sale of green certificates).

Our sophisticated forecasting models allow us to also offer fixed-price imbalance management as an optional add-on resulting in lower and predictable costs for our customers.

This package Includes

  • HYDROLOGICAL MODELLING & INFLOW FORECAST
  • POWER GENERATION FORECAST
  • MARKET ACCESS AND SALE OF POWER
  • SCHEDULING OF PRODUCTION WITH TSO
  • CLEARING & SETTLEMENT OF IMBALANCES
  • REPORTING & BENCHMARKING
  • OPTIONAL ADD ON: FIXED PRICE IMBALANCE MANAGEMENT

Details

Keeping costs down and having predictable revenues is essential for small hydro producers. That is why HYDROGRID offers an all-in package for the optimal sale of power at highly competitive fees especially designed for small run-of-river power plants.

PRECISE HYDROLOGICAL MODELLING & FORECASTING OF EACH PLANT 

For each plant, HYDROGRID carries out a detailed hydrological assessment and implements a sophisticated and continuously updated inflow forecast model based on meteorological data and machine learning technology. This allows us to estimate power production with the highest possible accuracy, resulting in a reduction of imbalance costs and accelerated cash flow to our customers and helping them to meet the challenges of the increasingly volatile power markets.

LEAN MARKET ACCESS

Based on our generation forecast, we will access all relevant power markets (e.g. Nord Pool and EPEX spot exchange) to enact the physical sale of power in the optimal and cost-efficient way (including sale of green certificates). All necessary power market operations, including the billing & margining with the power exchange, scheduling of production with the transmission system operator (TSO), the settlement & clearing of imbalances are carried out for you on a daily basis as a full-service package at a fixed price that is competitive even for the smallest power plants.

COMPETITIVE IMBALANCE MANAGEMENT

As an optional add-on, we also offer taking over your imbalance risk at a fixed competitive price based on our precise forecasting models.

FULL TRANSPARENCY AT ALL TIMES

As the owner of the plant, you are always fully informed on all operational aspects of your plant. Our extensive reporting covers all key benchmarks of plant performance and includes forward-looking production & revenue figures, allowing you to plan your budget with confidence.

OUR PROMISE

If you own a run-of-river plant, we are confident in our ability to increase your profits with our competitive full-service trading package.

CONTACT US and save up to 50% of your current costs for production planning and power trading!

Is this package not right for you? CHOSE ANOTHER SERVICE PACKAGE

Package Description

 

ARE YOU CAPTURING THE FULL POTENTIAL OF YOUR FLEXIBLE GENERATION?

This package is ideal for power plant owners looking for a full-service solution to maximize their revenues and asset efficiency.

Based on our proprietary inflow and price forecasts and optimization technology, HYDROGRID will derive the optimal dispatch and sales strategy for your flexible power plant and will effectuate the physical sale across all power markets, including full service power market operations.

Following commercialization, HYDROGRID interfaces directly with your plant control / SCADA system so that the optimal dispatch of your plant happens in a fully automated fashion. By aligning the dispatch of your plant to the highest prices across all power markets, this solution provides the highest overall revenue potential for flexible generators with zero operational effort on a daily basis.

This package Includes

  • HYDROLOGICAL MODELLING & INFLOW FORECAST
  • PRICE FORECASTING FOR ALL POWER MARKETS
  • INTEGRATED LONG-, MID- & SHORT-TERM OPTIMIZATION
  • OPTIMAL SALE OF POWER ACROSS ALL POWER MARKETS
  • SCHEDULING OF PRODUCTION WITH TSO
  • CLEARING & SETTLEMENT OF IMBALANCES
  • SCHEDULING OF OPTIMAL DISPATCH VIA PLANT CONTROL / SCADA SYSTEM
  • REPORTING & BENCHMARKING
  • OPTIMAL PLANNING OF NECESSARY PLANT MAINTENANCE

Details

In their quest to maximize revenues, owners of large hydro plants invest significant resources to dispatch their plants in an optimal fashion across all power markets. Typically, a team of 20 to 50 energy industry experts work around the clock using licensed forecasting & optimization software to ensure that their generation assets are producing in an optimal fashion under ever-changing market and environmental circumstances. This leaves smaller players – who cannot access the same level of resources – at a competitive disadvantage in the power markets.

With the Full Service Optimization Package, HYDROGRID aims to level the playing field by providing smaller generators with a full-service solution that reaches (and in some parts exceeds) the level of sophistication typically applies by the largest producers (such as turbine best-point-optimization).

INDIVIDUAL MODELLING AND OPTIMIZATION OF EACH PLANT  

Based on a detailed hydrological modelling of your plant as well as our high-precision price forecast, HYDROGRID will derive the optimal dispatch and sales strategy for your flexible power plant across all power markets. Our integrated optimization technology hereby allows us to tailor results individually to each plant: Depending on the storage volume of your plant, we apply the necessary long-, mid- and short-term forecasting and optimization procedures (spanning a planning horizon from years to only hours into the future) to ensure that you create maximal value from your production.

OPTIMAL SALE ACROSS ALL POWER MARKETS

Based on the plant-specific optimal dispatch and sales strategy, HYDROGRID then effectuates the physical sale across all power markets (e.g. Nordpool, EPEX, …) in an optimal way. All necessary power market operations, including the billing & margining with the power exchange, scheduling of production with the transmission system operator (TSO) and the settlement & clearing of imbalances are also carried out for you on a daily basis as part of this full-service package at a fixed price that is competitive even for the smallest power plants.

FULLY AUTOMATED INTERFACES

In order to receive all necessary status data (such as reservoir levels) and to effectuate the correct dispatch of the commercialized generation, HYDROGRID can interface directly with your plant control / SCADA system so that the optimal dispatch of your plant happens in a fully automated fashion. All interfaces necessary to enable daily automated optimization, dispatch & commercialization will be implemented by HYDRORID at no additional cost to you. As a result, the daily optimal planning, dispatch and sale of power of your  flexible plant is carried out in a fully automated fashion without the need to apply any additional resources from your side so that you can focus on what is most important to you: The optimal performance of your portfolio.

FULL TRANSPARENCY AT ALL TIMES

It is important to be fully transparent regarding our activities and to ensure customers are up-to date regarding all relevant aspects (planned production, actual daily generation values, metering data and more.) Our customers are always well informed with our extensive daily and monthly reporting tailored to the needs of both the top management (CTO, CFO & CEO) as well as the operational team.

OUR PROMISE

The Full Service Optimization package covers and optimizes the entire value chain for flexible generators and will lift the maximum revenue potential for your portfolio. We are so confident in our ability to increase your bottom line that we offer short-term contracts and a fee structure that is mainly performance based, allowing you to try our services risk free.

CONTACT US to receive an analysis of your potential free of charge!

Is this package not right for you? CHOSE ANOTHER SERVICE PACKAGE

Package Description

 

DO YOU WANT TO KNOW MORE ABOUT THE FINANCIAL IMPACT OF YOUR PLANNED INVESTMENT?

This package is ideal for hydro power owners or investors looking to base their decisions on solid quantitative grounds.

detailed modelling of the hydrology and physical properties of hydro power plants combined with the capabilities of our high-performance computational servers allows us to provide precise analytics which can be used for investment decision support for various projects. Typical applications include new build of hydro power plants or new-build of reservoirs,  turbine replacement or other technical improvements and power plant acquisitions.

This package Includes

  • TOPOLOGY ANALYSIS
  • HYDROLOGICAL MODELLING
  • ESTIMATION OF ANNUAL INFLOWS
  • DETAILED MODELLING OF GENERATING UNITS
  • CALCULATION OF REVENUE POTENTIAL
  • IDENTIFICATION OF COMMERCIAL RISK FACTORS
  • COMPARISON OF DIFFERENT DISPATCH STRATEGIES
  • COMPARISON OF DIFFERENT STORAGE SPECIFICATIONS
  • COMPARISON OF DIFFERENT TURBINE SPECIFICATIONS

Details

 

In addition to our range of flexible services we offer decision support and valuation for new investments, we can analyse existing power plants as well as model new-built projects, and also offer comparison studies (e.g. to compare the financial impact of two different turbine layouts or the effect building a reservoir would have on your revenue potential).

GOING BEYOND HYDROLOGICAL ASESSMENT

Our decision support analytics go far beyond just a hydrological study and include a detailed assessment of the operational constraints and capabilities of the plant (turbine layout, production constraints, …), the market environment and the plant topology influencing the optimization potential.

PRECISE MODELLING, VALUATION & IDENTIFICATION OF RISKS

Based on a thorough hydrological assessment and estimation of typical inflow patterns as well as a detailed modelling of the physical system we can derive optimal & realistic dispatch strategies for the plant down to the hourly granularity level using our high-performance computational servers. This allows us to show the full financial potential of a hydro power plant, to identify commercial risk factors and to quantify potential revenues with much greater precision than is typical in plant valuations.

CONTACT US to receive more information on how we can support you in your investment decisions!

Is this package not right for you? CHOSE ANOTHER SERVICE PACKAGE