RENEWABLES ARE CHANGING AUSTRALIA'S NATIONAL ENERGY MARKET
Markets are moving faster than traders can respond. With more intermittent wind and solar, market price volatility is increasing. Manual bidding cannot predict or react quickly enough to avoid frequent negative pricing events.
Across the NEM, negative price frequency has increased by 22% over the last 2 years. This trend will continue as up to 8 GW of new renewables are interconnected by 2021, an increase of almost 100%.
LOST MARKET REVENUE
Manual trading misses negative price events, especially during off hours. Independent power producers and gentailers need new bidding strategies and tools that can fully realize the value of power supplied to the market.
Optimised bidding for batteries and semi-scheduled renewable generators
AMS SigmaOne helps asset managers increase revenue, avoid cost, reduce risk, and maintain compliance with an AI-powered bidding platform.
INCREASE REVENUE BY UP TO 10% AUTOMATICALLY
Stop paying for negative prices by proactively raising bids
Optimize all revenue streams, including off-take contracts like PPAs
Improve operational efficiency with 24/7 market coverage
AVOID COSTLY SURPRISES
Avoid drastic spikes in FCAS contingency costs
Upgrade your project with automated FCAS revenues
“WE COULDN'T BE MORE EXCITED WITH AMS PERFORMANCE AT SNOWTOWN. AI SOFTWARE GIVES US AN EDGE TO MANAGE RISK AND IMPROVE MARGINS IN ENERGY MARKETS THAT ARE BECOMING MORE CHALLENGING WITH HIGH PENETRATIONS OF RENEWABLE GENERATION.”
- DEION CAMPBELL,
CHIEF EXECUTIVE OF TILT RENEWABLES
DOUBLE REVENUE ACROSS ALL MARKET PRODUCTS
PREDICT THE FUTURE
Machine learning creates price forecasts that minimize error and maximize returns
CO-OPTIMIZE ALL PRODUCTS
Optimize across all market products and bilateral contracts
Execute complex bids that are impossible for existing tools to manage
ANCILLARY BUT IMPORTANT
Earn more from ancillary services when prices climb
Software service is always up-to-date with new market products
HOW SIGMAONE WORKS IN AUSTRALIA
SIGMAONE CREATES OPTIMIZED BIDS EVERY 5 MINUTES BASED ON REAL-TIME MARKET DATA
To predict future market prices, SigmaOne uses artificial intelligence (AI) machine learning to analyse thousands of variables, such as system loads, transmission headroom, generator outputs, and weather.
SigmaOne calculates the optimal bids across all available products for the next dispatch interval, considering price forecasts, operational constraints, and business objectives.
SigmaOne creates market-compliant bid files, which are submitted directly to AEMO or sent to the customer's trading desk. Rebid reasons are created automatically.
POWERFUL TOOLS SUPPORT TRADING DESK OPERATIONS
Smart bids for all asset types across your portfolio, including wind, solar, energy storage, hydro, and natural gas.
Compliant rebid reasons are algorithmically generated.
MANUAL BIDDING OVERRIDE
Pause automatic bidding and override manually at any time.
Experiment with simulated assets to make better business decisions.
ADJUSTABLE RISK PROFILE
Instantly tailor risk preferences to fit your business objectives and portfolio goals.
Smart bids for all asset types in your portfolio, including wind, solar, energy storage, hydro, and natural gas.