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Power Trading

Electricity. Power Trading. Financial Markets. Generation. Transmission. Distribution. Consumers. Current Situation…. Electricity price is a natural candidate for Volatility. Cannot be stored Essential Grid constraints Temperature/ Weather Load Crash Amount of daylight

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Power Trading

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  1. Electricity Power Trading Financial Markets

  2. Generation Transmission Distribution Consumers Current Situation… Triple Point Technology

  3. Electricity price is a natural candidate for Volatility • Cannot be stored • Essential • Grid constraints • Temperature/ Weather • Load Crash • Amount of daylight • Price of generation fuels • Imbalances immediate Triple Point Technology

  4. EnergyExchange Trader New Power Sector Retailer Consumer ProductionCompany RLDC/ SLDC (Grid operator) TransportCompany ServiceProvider DistributionCompany The New Value Chain Triple Point Technology

  5. Integrated market Market splitting Daily auctions Long-term auctions Bilateral agreements Isolated markets The Evolution Process Triple Point Technology

  6. Status first Power Markets in EUROPE Triple Point Technology

  7. Government Energy Act System code Tariff code Network code Regulatory rules System Operator Exchange Rules Regulator Market Operator Today…. • Demand side of the industry has no role in the price setting mechanism • Large portfolio generating companies influence price • Does not facilitate traders and other non-traditional players into the market • Excessive price opacity in the contracts market. c Triple Point Technology

  8. Steps Forward • The replacement structure: • Standardized Contracts • Short Term Bilateral Market • Day Ahead Auctions Market • Hour Ahead Market Triple Point Technology

  9. India Electron Exchange Where electricity could be Bought, Sold Or Traded In An Open But Regulated Environment Triple Point Technology

  10. IEE- Short Term Market Credit Limit/ Check Standard Products Day Ahead CPP/ IPP/ SEB/ Trader Auctions Contracts Bid Hour Ahead Availability of Transmission Auto matching Triple Point Technology

  11. Contract Spectrum 3+ Years Months Minutes Hours CONSTRUCTION DELIVERY Decreasing Term of the Contract Decreasing time before delivery Long term Short term Day Ahead Hour Ahead Simple Standardised Bilateral Posted bids/offers Formula/ Fixed Priced Standardised Auction Based Formula/ Fixed-priced Bilateral Complex Tailored Bilateral Negotiated Auto matched Formula Priced/ Fixed Priced Immediate Scheduling Triple Point Technology

  12. Real-time demand Intra Day demand Forecasted demand Ancillary Service Hour Ahead Day Ahead Buy Buy Sell Sell A typical operator • Surpluses/Deficits - balance Company physical supply and demand Bilateral (peak load) contract Bilateral (Base load) contract Triple Point Technology

  13. New Entrants Power of Buyers Open/ Transparent/ Competitive Market Power of Suppliers Substitutes An Exchange will facilitate • Price Transparency • Ability to know the price of electricity now and in the future (up to 15 months) • Index based Trading • Buy/ Sell +/- UI • Risk Management • Manage price/ delivery risk • Secure and Regulated market • Guaranteed performance of trades • Credit tracking mechanism • Default Mitigation mechanism • Lower Transaction Cost • Flexibility • Term of delivery • Time of Closure • Access to a wider/ larger market spectrum Triple Point Technology

  14. Market Advantage Drawback Term Known price over an May prove to be price extended period sub - optimal (determine a base level) Forwards High flexibility Reported pricing Short - term bilateral Attractive pricing Risky to source all volume here UI Use to your advantage Highly unpredictable in smalle r percentages Could be punitive More Options …… Triple Point Technology

  15. IEE Value Added Services Triple Point Technology

  16. Asset Management Resource Tags & Information Tag Disposition Tagging Load Schedules Notification Management & Assess messages Load Aggregation Scheduling and Forecast Schedules Wholesale Invoices & Payments Settlements Deals Deals Trading Schedule Information Bids Auction Accepted Bids & Information LDC & Accepted Bids Schedules Electronic Bids Market Communications Auctions Accepted Bids, Final Schedules, Settlement Info & Market Information Doing Business with IEE Triple Point Technology

  17. The Triple Point “XL” Platform • Integrated suite of enterprise-wide trading systems • Manages a multitude of commodities: power, natural gas, oil, refined products, chemicals, and others • Built on Triple Point’s next-generation n-tier architecture Triple Point Technology

  18. Create a Trading Back- Office • Options Manager • Hourly Trade Blotter • Confirmation Manager • Contracts Manager Trades Trade Manager Real Time Reporting, and Maintenance • Forward Price Curves • Price / Load Shaping (P) • P/L Analyzer • Position by Counterpart* Position Manager Forecasting, Real Time – Position / PL • Match Manager • Nominations* • Transportation* • Allocations* Scheduling Manager Real Time – Book Outs, Back-to-Backs, Movements Settlement Manager • Statement Manager • Payments Blotter • Payments Manager Real Time – Invoices / Statements Payment Application Triple Point Technology

  19. Triple Point (India) • Development Center in Pune India • Current strength= 70. • Client Services Team • Support to Asian Clients • Technical Support Group • 24 * 7 Support to clients in US/ India. IEE Triple Point Technology

  20. The Company That We Keep…. Triple Point Technology

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