RetailEnergyDesk (ReD) is a back-office portal solution for Electric Retailers and similar organizations for the management of data and operations.ReD is organized into separate modules that can be closely integrated with each other and offers enhanced capabilities for the management of the retail electric business. ReD is a pricing engine, a load forecaster, a settlement system, a wholesale deal capture system including risk management, a scheduler and bidding system, and a data repository for all the downloaded data that the retailer needs to perform its job effectively. ReD is licensed as individual modules or a complete package. ReD is a hosted solution and can also be hosted on your own servers.
Today's Outlook (PJM)
edatafeed
Settlement Point Prices (ERCOT)
02/23/2017 08:00 DAM RT
HB_HOUSTON 20.89 16.84
HB_NORTH 17.78 17.12
HB_SOUTH 18.99 16.68
HB_WEST 11.84 17.27
LZ_HOUSTON 21.08 16.83
LZ_NORTH 17.73 17.14
LZ_SOUTH 19.38 16.69
LZ_WEST 12.73 17.33
Today's Outlook (ERCOT)
current Day Forecast SystemLoad
RetailEnergyDesk (ReD) is a back-office portal solution for Electric Retailers and similar organizations for the management of data and operations.
ReD is a pricing engine, a load forecaster, a settlement system, a wholesale deal capture system including risk management, a scheduler and bidding system, and a data repository for all the downloaded data that the retailer needs to perform its job effectively.
  • Load Forecaster
  • pricing engine
ReD is organized into separate modules that can be closely integrated with each other and offers enhanced capabilities for the management of the retail electric business.
ReD is licensed as individual modules or a complete package. ReD is a hosted solution and can also be hosted on your own servers.
Customer
Customer Pricing
Deal
Deal Capture System
Download
Downloads
Load
Load Forecast
Meter
Meter Data Management
Sales Commission
Schedules
Schedules
 

Customer Pricing

The ReD Customer Pricing module is a complex and efficient pricing tool that prices customer loads across congestion zones and TDSPs. Pricing can be done at the individual account or aggregated across accounts for multiple terms. Products such as fixed price, heat rate and index price among others can be easily priced. This module is linked to other modules including ReD Downloads for forward prices and ReD Meter Data Management for account level load profiles. Further, the pricing module links to the CIS system and has an inbuilt prospect and contract management system thus integrating the pricing function to the entire back office. Additionally, the pricing results can be accessed not only by the Pricing Desk but also by sales reps, aggregators and even customers. An integrated pricing module will enhance the productivity of the Pricing Desk and the entire sales force.

 

Deal Capture System

The ReD Deal Capture System is a robust and user friendly way to capture trades made on different products including Electric, Gas and Option trades. One of the key features of the application is that it can easily integrate with other modules such as the ReD Load Forecast to provide Position Reports, ReD Schedules to directly submit schedules to the ISO, and ReD Downloads to obtain market prices for mark to market positions or transacted settlement purposes. As each trade, the information is entered into the system that keeps an audit trail of changes to trades and the credit limits assigned to individual traders. A multitude of reports allows the user to check against counterparty invoices, examine individual trades, and evaluate positions in each interval.

 

Downloads

ReD Downloads is a robust and automatic way to download and maintain daily market information such as prices, load profiles, and other routine scheduled publications by the ISO or from other third parties. The downloads are done through a number of methods including API, XML, Web Services and even screen scraping when no other option exists. The downloaded information is parsed and put into databases and then displayed graphically. All downloaded information can be exported to Excel. This module provides the data needed by other ReD modules such as the ReD Load Forecast and ReD Price Forecast. It can also be linked to other databases such as the Customer Information System or any third party databases to periodically upload and display other critical information needed to run an effective business.

 

Load Forecast

ReD Load Forecast is a Bottoms Up load forecasting model for the market that develops the load forecast for an aggregated group of accounts, for one or multiple customers and is a predictive analytics for load. It provides a flexible way to import customer details and historical load information. This module is linked to the ReD Downloads and uses both the forecasted and backcasted load profiles to generate the aggregated account load forecast for the next ten days. The forecast gives a short, medium and long term prediction of load for both interval and non-interval accounts. The forecasts are graphically represented and can be aggregated by customers, congestion zones, profiles, and TDSPs. The load forecast is also linked to the ReD Deal Capture System to capture supply trades based on forecasted profiles and this module computes the Load Backcast.

 

Meter Data Management

ReD Meter Data Management is a meter data repository and analytical tool that collects interval data from various feeds including automated scheduled downloads as well as manual user initiated uploads of data. The data is displayed in various forms ranging from monthly usage to interval profiles. The data can also be averaged and profiled so that it can be used for other applications such as load forecasting in ReD Load Forecast and for pricing in ReD Customer Pricing. The data can also be used in conjunction with ReD Downloads to examine the Real Time prices during the same intervals and to determine the total customer bill under a Real Time product. The application provides the data to the user in a format that opens up a world of possibilities including demand response, energy efficiency and energy cost management.

 

Sales Commission

ReD Sales Commission module is complex and efficient tool that allows to calculate the sales rep's commissions and scheduling their payment. Commission plans are customizable within the system and with the minimum effort from the user side, user can automate the commission calculation for the plans like flat fee, customer usage based commission, etc... The data is displayed in various reports such as By Account, Contract and Sales Person. The data can also be exported to excel file with different formats. Additionally, Sales Commission module can calculate the commissions for the sales reps in conjunction with Customer Pricing module.

 

Schedules

schedule-screen

ReD Schedules is an application that manages the ISO scheduling function for multiple market participants. This module works in tandem with the ReD Obligations Downloads module to automatically download Ancillary Services once a day from the ISO. Additionally, this module in conjunction with the ReD Deal Capture System can submit interval or hourly energy and ancillary services schedules to the ISO. Finally, Schedule Mismatches are monitored at user defined intervals and alerts are issued when there are mismatches. ReD Schedules helps QSEs prepare, validate, and submit their schedules to ISO on demand. It has many user friendly features such as the flexibility to replicate the existing schedule as a new schedule. The application works for an REP acting as their own Scheduling Agent submitting schedules for a number of market participants.

Contact Us
Name *
Email Address *
Company Name *
Contact Number *
Comments *