Energy

Contract Managemernt & Risk Control

For an Utility that operates in the Power and Gas field, the price risk and volume risk are the two largest sources of uncertainty that a risk manager has to control. The price risk is generated by a mismatch between the indexes in the purchase and sale, while the volume is tied to a wrong assessment and estimates of consumption of end customers.
The Risk Controller has the objective to calculate the risk taken by the company, generate reports and statistics for the management, support traders and other market operators that interface with the choice of action.
The instrument of contract management and risk control has been developed by ORS in close collaboration with risk managers in order to achieve a real tool to support their operability; in fact the instrument, in addition to calculate the most important indicators of risk and exposure of the existing contracts, provides a powerful and flexible environment for simulations (opening / closing of new contracts, changes in prices and scene changes, changes in formulas, etc.) in order to identify and calculate the impact of new choices. Contracts of sale, supply, trading, transport and storage are just some examples of the types of contracts handled by this instrument.
The flexibility of the instrument provides the user complete independence in carrying out its activities, thanks to easy to use graphical tools, he can personalized indexes, breakdown into commodities, alter forward prices, exchange rates, indexation formulas and also perform sessions of back testing.

Forecasting Power

Forecasting Power is the instrument of E-RAMS platform specialized in calculating the short and medium term forecast of electricity consumption for the imbalance.
Forecasting Power, in addition to provide minimum data on the forecast consumption for the imbalance, is the instruments that allows you to calculate the forecast both at single level of POD then on aggregates according to attributes of variable combinations. The use of several forecast models allows you to apply the best model to specific needs.
The experience acquired over the years by ORS staff also allows our customers to quickly capture the most sophisticated and rigorous methods of calculation through an simple and powerful interface.
The platform also offers a web interface, available for end customers (POD), which allows the inclusion within the system of not statistically observable information that have an impact on the consumption of the POD itself in a specific day or moment of the daytime, creating a collaboration and information flow between supplier and customer which may result in mutual economic advantage; on one side ensures a more accurate estimate therefore less penalties on the imbalance, on the other side discounts for the client by virtue of the valuable provided information.

Forecasting Gas

Forecasting Gas is an instrument of the E-RAMS platform specialized in calculating the forecast of short and medium term in gas consumption at the level of shipper and at the level of end customers.
Forecasting Gas, in addition to provide key data on the forecast consumption for the purposes of nominations, is the tool that allows you to calculate the forecast at the level of single POD and at the level of aggregates POD according to attributes of variable combinations. The use of several forecast models can also allows you to apply the best model to your specific needs.
The system integration with the most important suppliers of weather forecast allows an accurate estimation in the most important periods of the year.
The experience acquired over the years by ORS staff also allows our customers to quickly capture the most sophisticated and rigorous methodology of calculation with a simple and powerful interface.

Forecasting Renewable

Renewable Forecasting is the latest product of the E-RAMS platform and was developed for the production of renewable electricity from non-programmable source; in fact, this instrument allows you to calculate the future production of electricity for:

• wind farms
• photovoltaic

Building Energy Management

The BEM (Building Energy Management) is the E-RAMS platform developed specifically for monitoring and energy saving for a building or an industrial reality. The tool integrated with energy meters (electricity, gas, water), suitably placed in points of main interest, allows you to store all consumption data within a database and have them available for various analysis such as falls service, consumption analysis, the peak analysis, ect.
The tool was developed to meet the needs of major energy managers who are asked to analyze consumption trends and develop strategies aimed at the consumer savings.
The presence of forecasting and simulation engine also allows you to achieve the following results:

• to foresee the consumption of energy in the presence of a change of structure and sources of consumption (the new building, new department, increased work shifts, etc.)
• simulation of invoicing based on expected consumption in order to budget the costs after the investment company
• evaluation of offers from several energy suppliers by simulating contractual conditions on the actual consumption profile of the company (company historical behavior)
• real-time control of the consumption of passive entities (real estate).