"With the increasing complexity of the natural gas procurement process and the uncertainties associated with predicting demand, we needed a software solution that would more effectively support our operations. The software's complete documentation of gas trading activities and audits of procurement process were critical factors in its selection."

Seminole Electric Cooperative

“Allegro has again demonstrated its ability to rapidly respond to market needs with their emissions management solution.  The enhanced Emissions 8.1 component is a fully featured offering that includes an accelerated trade entry process achieved by requiring traders to enter only the most basic trade information and allowing the back office personnel to provide the remaining information during reconciliation.  Another significant addition is the ability to simply download registry data from any global registry to perform a comparative analysis and accurately generate reports that show compliance to regulatory agencies.”

Dr. Gary M. Vasey
GM, Europe
CommodityPoint, Inc.

Generation Logistics Solution PDF Print E-mail

GenerationFully integrated solution to trade, manage and dispatch supply from each generation unit most economically

Generation Companies (GENCOs) are increasingly concerned about managing asset risks and how to best manage and dispatch most economically with single and, in many cases, multiple unit assets. The Generation component includes an economic dispatch modeling tool to guide the user in developing their generation dispatch and scheduling strategies. The goal is to optimize the use of generating and demand response assets against usage and outage trends in regional markets. The Generation component assists market participants in determining the most profitable option to manage their assets given the market requirements and forecasted conditions.

Generation 8.0

The Allegro Generation 8.0 component manages not only the specific data required to submit information to market operators, but also it provides decision support tools including an Economic Dispatch model to perform simulation, run “what-if” scenarios and analysis to make the most optimal trade decisions. The model utilizes user-defined operating constraints, including fuel cost and supply position. This detailed view enables dispatchers to schedule resources at the lowest possible cost. Also, if a customer chooses, the Allegro solution has the flexibility to fully integrate an independent or third-party dispatch model into the Generation 8.0 component.

Key Feature Key Benefit
Capture all relevant information for plants and generating unit resources by: Default operating parameters, Energy ramp rates, Spinning reserve operating ranges, Regulation operating ranges, Generation costs, ISO Schedule data

Quick and flexible process to capture and manage all required generating units, whether the parameters are defaulted or client proprietary, to create an economic dispatch plan and schedule your assets most efficiently.

Create generation positions by: Executing the native Economic Dispatch tool provided with the Generation component, Importing the results from an external Dispatch Optimization tool

Tremendous flexibility to use either the Economic Dispatch model within Allegro, or to create a customized connectivity with a third-party dispatch model, each of which enable greater transparency and accurate position and valuation reporting

Calculate short fuel position associated with generating power supply to match or satisfy short positions

Provides a simple interactive tool to manage and match one or multiple generation units output including the calculation of short fuel positions with the best economic dispatch option, calculate the net fuel quantity required to generate the dispatch and be the system of record for all positions, both long generation and the required short fuel

Ability to manage unit contingent trades by associating generation positions to a specific generating unit

 Easy to query desired generation by control area and point in one simple view
Provides the flexibility to allow clients to manage sophisticated trades with the option to link the trade to a unit specific supply