Navigate complex energy markets

GridOS® Markets

Navigate complex energy markets

Markets participation is an immensely complicated affair for utilities. Cut through that complexity with GridOS Markets, GE Vernova’s suite of intuitive solutions that facilitate market transactions, including wholesale, balancing, settlements, and spot. 

GridOS® Markets

Overview

GridOS® Markets

Overview

All-in-One Market Management

GridOS Markets is designed around a modern, microservices-based architecture that supports product-based modules. These modules are reusable and can be implemented quickly and easily to meet tight regulatory deadlines. A wide range of market applications are covered:
  • Forward capacity markets 
  • Financial Transmission Rights (FTR) 
  • Day-ahead and real-time markets (security constrained commitment, scheduling, and dispatching) 
  • Look-ahead and fast-start resource commitment and dispatch 
  • ENTSO-E capacity allocation 
  • Scheduling and balancing market 
  • Settlements

As noted by Gartner®, "Rapid demand volatility, supply chain disruption, inflation, geopolitical crises and decarbonization mandates are affecting energy markets in unpredictable ways."

Source: Q3 Hype Cycle for Digital Grid 2024, Rich McAvey, Lloyd Jones, Q3 2024

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and HYPE CYCLE is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

Explore GridOS Markets

Energy Markets - Markets

Markets

GridOS Markets features an advanced optimization engine used to clear the market bids in the day-ahead and real-time markets based on market rules and customer requirements. It also features a built-in pricing capability, able to accommodate system, regional, and nodal pricings. 

Energy Markets - ENTSO-E Markets

ENTSO-E Markets

ENTSO-E Markets is specifically tailored for the European market, based on EU (ENTSO-E, ACER) regulations. It provides an integrated suite of products for managing transmission capacity allocation, scheduling, reserves, balancing of energy, and settlements. 

Energy Markets - Settlements

Settlements

Settlements helps utilities finalize the charges, credits, costs, and fees associated with their market financial transactions, including disputing charges.

Energy Markets - Limit Exchange Portal (LEP)

Limit Exchange Portal (LEP)

Essential for FERC 881 compliance, LEP provides an interface for transmitting, acquiring, and storing transmission line ratings and associated data. 

End of Result

Markets Participation is Simpler with GridOS Markets

Energy Markets - Optimized costs 

Optimized costs 

Quickly and easily identify the most cost-effective purchasing options at any given time. 

Energy Markets - Optimal security 

Optimal security 

Zero Trust grid security principles are built into the fibers of GridOS Markets, offering optimum protection from cyberthreats. 

Energy Markets - Easy scalability 

Easy scalability 

Start small or roll out at scale with the GridOS microservices-based architecture.

Energy Markets - EU-specific module 

EU-specific module 

Easily navigate the complex regulations of the EU energy markets with ENTSO-E Markets.

Energy Markets - Future proofed solution 

Future proofed solution 

Markets is built on the flexible GridOS platform, enabling it to adapt to future needs (e.g. settlement equations). 

Energy Markets - AI/ML-ready 

AI/ML-ready 

GridOS Markets eliminates the guesswork of markets participation through its advanced AI and ML capabilities. 

Speak with a utility software expert about how GridOS can help ensure a reliable and resilient sustainable-energy grid.

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