"With fuel oil representing up to 80% of our cost of doing business, we needed a state-of-the-art, transparent trading and risk management system to help reduce fuel costs, lock in margins and keep track of our physical and financial positions.”

PowerSeraya

“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.

Power & Utility Logistics Solution PDF Print E-mail

PowerComprehensive Support for the Entire Power Lifecycle

Power market participants such as utilities, generators, power marketing traders, municipals, cooperatives and retail companies are facing increasing demand from their customers, regulators and shareholders to efficiently manage assets to the lowest cost and to manage logistics and operations with low risk and improved profitability. The need for an integrated solution to completely manage the power life-cycle, from capturing physical, financial, transmission and capacity trades, planning, forecasting, scheduling, tagging, settlement and actualization, is critical to the success of any power market participant.

Power 8.1

The Allegro Power component brings the flexibility and functionality that helps market participants effectively manage their power business, from trade capture to confirmation, with the ability to support the required parameters for virtually any electric power product including energy, transmission capacity and ancillary services. The component supports the European Transmission auction process, British market Electricity Forward Agreement (EFA) contracts, load shapes, counterparty checkout, eTag, actualization, pool balancing, repeat tagging, direct and indirect bookouts. Additionally, Allegro Power handles hourly and subhourly scheduling, pathing, full position support beyond trade positions (generation, consumption), and a full spectrum of position quantity status (trade, forecast, plan, tag, loss, schedule, actual). The component also offers users full support for multiple currencies and the ability to schedule across time zones for global trading activity. With configurable views of power scheduling data, users are able to rapidly sort or filter to isolate the key information they require, which enhances ease of use, improves productivity and enables management of risk in real-time.

Key Feature Key Benefit

Creation of customized price index curves with multiple time period options and regions and the ability to download pricing data from external sources.
  • Quick and flexible process to create curves or to download the pricing index curves as reported by independent vendors or ISOs
  • Real-time visibility into pricing moves to make quick decisions
  • Simple process to create sophisticated, complex pricing formulas to provide multiple trade pricing options

Scheduling process that allows modifications in real-time to manage pool-type or network, point-to-point, acquisition and release of transmission, market or supply cuts, direct and indirect bookouts, multiple user-defined intervals.
  • Schedulers can easily view transactions in real-time
  • Flexibility to create user-defined power products, such as energy, capacity, ancilliaries,  as well as trading blocks, including off the shelf support for EFA blocks and the various trading exchange blocks from ICE and EEX, among others
  • Simple and single view for hourly schedulers that eliminates the need to switch between the scheduling view and the trade execution view to capture real-time trades

Ability to capture financial trades, including options, as well as physical commodity and/or load-shaped trades, transmission and capacity, supports trade process including confirmation, fees and broker details, data for regulatory compliance report- FERC EQR.
  • Enables traders and marketing staff to quickly and easily capture trades with power-unique fields eliminating double entry to efficiently support middle and back office functions
  • Ability to manage position in real-time showing full spectrum of position quantity status such as trade, forecast, plan, tag, loss, schedule, actual

Ability to integrate with other Allegro components, including Emissions, FERC EQR Reporting, Retail Power, Price Connect, NETA Connect, NERC Connect, Hedge, etc.
  • Ease of integration with other components to manage additional power transactions with a simple process