Revolutionizing Energy Trading with SCADA International

How we developed a scalable Energy Trading and Risk Management solution that transforms Balance Responsible Parties’ operations and redefines energy trading industry standards

Summary

SCADA International, headquartered in Denmark, empowers the renewable energy sector through unparalleled SCADA expertise across a global network. With more than 17 years of renewable energy expertise, they are a leading software and hardware solution provider in the industry.

Amid a 50% surge in renewable energy capacity, the energy sector's rapid growth demands advanced trading software to navigate the evolving complexities of energy generation and management. To meet these challenges, SCADA International partnered with Wirtek to develop OneView® ETRM.

Leveraging Wirtek's deep technical and energy domain expertise, the partnership has crafted a revolutionary, scalable Energy Trading and Risk Management platform that addresses the complex needs of Balance Responsible Parties (BRPs) grappling with outdated systems.

The partnership between Wirtek and SCADA International highlights the vital role of innovative digital solutions and collaborative innovation in advancing energy management and trading, reinforcing Wirtek's commitment to sustainability and the clean energy sector.

Showcase results

14-years-of-partnership

OneView® ETRM set for 2024 launch

teams

Developed an end-to-end secure, scalable ETRM in under two years

providing-equipment-testing

Project success: from 3 to 13 team members

providing-equipment-testing

OneView® ETRM transforms BRPs’ operations and redefines industry standards

providing-equipment-testing

The close collaboration between SCADA International and Wirtek enabled innovation

Learn more

 

Challenge

In 2023, the energy sector experienced significant growth, with renewable electricity capacity additions of almost 50% higher than in 2022. Energy represents Wirtek’s most rapidly expanding business unit, with a 70% revenue growth in 2023, indicating the company’s alignment with market dynamics and future growth trajectories.

The acceleration of the energy transition drives a paradigm shift in how energy is generated, traded, and managed , signalling a considerable growth potential for energy trading software, with the Energy Trading and Risk Management (ETRM) industry projected to expand from USD 24.1 billion in 2023 to USD 30.2 billion by 2030.

The increasing complexity of energy trading underscores the critical need for cutting-edge solutions from partnerships like SCADA International and Wirtek to handle market volatility and capitalize on the interconnected global energy landscape.

Solution

To address the challenges of Balance Responsible Parties (BRPs) with obsolete systems, SCADA International selected Wirtek as a technology partner to create a cutting-edge ETRM solution. In collaboration with SCADA International, the Wirtek team developed a modern, secure energy trading system with multiple integrations in under two years, a remarkable achievement given the complexity of the solution.

This rapid development was supported by the team’s high seniority, extensive technical and domain knowledge, and close-knit collaboration with the client throughout the process. The result is OneView® ETRM, a revolutionary energy trading and risk management solution that streamlines BRPs’ operations across EU electricity grids. It centralizes all key data for BRPs with renewable portfolios in one unified system, offers asset management, forecasting capabilities, and enables trade on various electricity markets (reserves, intraday, day-ahead). This innovative approach replaces outdated systems with a subscription model that ensures continuous maintenance and updates.

Integrating diverse systems is vital for ETRM systems to handle energy trading's intricate, multi-format data landscape, which the solution achieves by fully integrating with client infrastructure, TSOs, power exchanges, and operating assets via SCADA and PLC. The solution facilitates easy entry into capacity and frequency markets by addressing the need for renewable asset incorporation and simplified market access. Moreover, as the green energy sector grows and regulations evolve, the application's continuous updates ensure compliance with new industry standards and requirements. These empower Scada's customers to thrive in their businesses with state-of-the-art, and easily configurable software, enhancing their operational efficiency and resilience.

Designed to be reliable and scalable, OneView® ETRM automates critical processes and facilitates swift market adaptation and risk mitigation through real-time monitoring and datadriven decisions, enabling BRPs to stay competitive and gain market share.

 

Wirtek_Vizual pentru articol SCADA_v01_Visual

 

Services

Equipment-Conformance-Testing
System Design
Manual-Automation-Testing
Product Engineering
Embedded-Development
Software Development
Embedded-Development
QA Automation

Results

The trust between SCADA International and the Wirtek team created a cooperative dynamic with frequent dialogue and client visits, where feedback drives product evolution and feature development, highlighting a shared commitment to innovation and client satisfaction. Wirtek is committed to SCADA International’s vision of transforming BRP operations. The consultative relationship between the two companies ensures that the solutions we develop together have a strong foundation for future growth. This strategy positions SCADA International for leadership in renewable energy trading solutions while strengthening Wirtek’s reputation in the energy sector.

Wirtek’s unique value-add stems from our energy market expertise and successful track record with Transmission System Operators. Coupled with a deep understanding of infrastructure and DevOps in the energy sector, this expertise positions Wirtek to fill a critical market gap caused by the scarcity of professionals with these niche skills. As a result, Wirtek is well-equipped to deliver complex systems for the energy industry.

The upcoming launch of OneView® ETRM and its future international deployments demonstrate its readiness for future industry dynamics and promises to transform the operational capabilities of BRPs and power traders in the clean energy-driven market. The collaboration between Wirtek and SCADA International highlights the indispensable role of digital technologies and cooperative innovation in facilitating the energy transition. As the energy industry evolves and market demand grows, partnerships like this will be crucial in driving forward the agenda for a sustainable energy future.

Learn more

 

Technologies and Frameworks

  • .NET Core
  • Angular
  • Docker
  • Kubernetes
  • Microsoft Azure
  • RabbitMQ
  • Azure Cosmos DB
  • gRPC

Tools

  • Azure DevOps
  • Microsoft Teams

Client testimonial

About SCADA International

SCADA International, headquartered in Denmark, empowers the renewable energy sector through unparalleled SCADA expertise across a global network. With more than 17 years of renewable energy expertise, they are a leading software and hardware solution provider in the industry.

SCADA-International (1)

Testimonials

Expertise

Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip.

Expertise 1

Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, ullamco laboris nisi ut aliquip.

Expertise 1

Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, ullamco laboris nisi ut aliquip.

Expertise 1

Sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, ullamco laboris nisi ut aliquip.

Get in touch to discuss how we can help you

Get in touch to discuss
how we can help you