Effective management of capacity obligations
Sygnity Capacity Market
Sygnity Capacity Market
Sygnity Capacity Market is the only system enabling capital groups operating on the capacity market to efficiently and effectively manage multiple capacity obligations.
The Sygnity Capacity Market is based on Sygnity Forecast system, which generates forecasts of demand for the media, using automated models of ARIMA class, neural networks and machine learning models.
Solution created together with the business
After designing and implementing the main functionalities, including: keeping records, handling risk periods or monitoring the fulfilment of capacity obligations, we have started a partner cooperation with the capital group that manages over 100 units of capacity market. Thanks to the combination of different competencies, perspectives and experiences, we have created a system that fulfils expectations of actual users – both business and functional.
Benefits of effective capacity obligations management
Transfer of capacity obligations - avoiding penalties
The Capacity Market Act introduced a new product to the domestic power industry - the Capacity Obligation. This is an obligation for the power supplier, on the one hand, to be ready to supply declared amount of power to the system during the delivery period and, on the other hand, to supply certain electricity to the system during periods of emergency.
Transfer of capacity obligations - increasing revenues
A company operating on the capacity market may also actively trade in Capacity obligations to: generate an income from intermediary trading and aggregate capacity obligations with the highest prices for staying available and, at the same time, handing over those with low prices.
The client
Sygnity Capacity Market is the only system enabling capital groups operating on the capacity market to efficiently and effectively manage multiple capacity obligations.
The perfect client for the solution are capital groups operating on the power market managing at least a dozen capacity market units, e.g. power plants, combined heat and power plants, RES sources.
Selected application screens
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