(Oslo/Aachen, June 1, 2022) Volue ASA (OSE: VOLUE)
The Volue Algo Trader Navigator is a decision-making trading platform with a multifunctional rule engine. It requires minimal intervention on the part of power traders, dispatchers, and risk controllers. Volue's high-performance solutions for automated, short-term energy trading have always been one step ahead of the market and have defined industry standards.
The Volue Navigator has successfully automated the process of trading renewables (i.e., wind and solar) in the intraday market. Now Volue takes the next step and enters the world of flexible asset trading with Volue Trading Solutions. Since 2021 Volue's Navigator boosts automation in intraday trading for renewables with the new cloud-based platform to manage feed-in forecast updates, trading positions and their automatic conversion into algorithmic trading strategies. This year, Volue is taking the next step and enters the sphere of flexible power generation assets and connects these to the intraday markets in a fully automated way.
The Navigator can easily connect to any optimisation system in the Volue Group ("SMG" with "POMA" or "Shop" and "BoFiT") as well as to Volue's position management and scheduling system "DeltaXE". Of course, it is also possible to connect third party applications with a generic Rest API.
"With the Navigator, we offer our clients the next step in the evolution of algo trading solutions. It empowers them to automatically connect optimised asset production planning, incorporate their market views and expertise into the marketing of their portfolios, all based on a fully automated set-up that is geared to maximizing the overall profit for our customers." says Roland Peetz, SVP Volue Trading Solutions.
Realtime prices from the intraday market are taken into account to generate new optimisation results for the flexible asset portfolio. They are automatically and continuously handed over to the Navigator which then manages the current positions and flexibilities in the intraday market. Trades and updated positions are sent back to the optimization system in real time. This connection empowers the customers to systematically maximize revenue from their asset portfolio in the continuous intraday market while ensuring safe operation of the assets.
For more information, please visit Volue's website www.volue.com.
Screenshot "Navigator"; picture source: Volue. For a printable picture please click here.
ABOUT VOLUE | WWW.VOLUE.COM
Volue is a market leader in technologies and services that power the green transition. Based on 50 years of experience, Volue provides innovative solutions, systems, and insights to industries critical to society. Over 700 employees work with more than 2,200 customers across energy, power grid, water and infrastructure projects that ensure a sustainable, flexible, and reliable future. The company is headquartered in Oslo, Norway and active in 40+ countries.
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