NIV Chasing
Net Imbalance Volume (NIV) Chasing is a strategy used to capitalise on system imbalances in real time, without the need for executing traditional trades. It involves making the decision to run an asset to take advantage of imbalance prices, which occur when supply and demand deviate from predicted levels. By responding quickly to price signals that reflect these imbalances, operators can generate additional value from their energy assets. Success in NIV chasing relies on accurate forecasting of market conditions and a swift, automated response.
What we do
At Flexitricity, we maximise the value of NIV chasing through a combination of advanced optimisation technology and expert decision-making to ensure our customers capture the most favourable imbalance prices.
- Real-Time Monitoring and Response: Our AI-powered VOLT platform continuously tracks system conditions, detecting imbalances and forecasting price signals. This enables us to make informed decisions on when to run assets for imbalance price opportunities.
- Algorithmic Optimisation: Our platform dynamically optimises asset positions, ensuring assets are ready to respond to imbalance events, taking advantage of favourable pricing without executing new trades.
- Trader Expertise: Our trading team monitors market forecasts and conditions, validating decisions made by the platform to ensure assets are positioned correctly to capture value from NIV chasing events.
- Automated Dispatch: Our trading platforms, integrated with the 24/7 Control Room, automate the dispatch of assets in response to system imbalances, ensuring seamless execution and timely performance.
Request a Callback
Book a call with one of our energy market specialists to explore how we can connect you to revenue-generating opportunities in flexible energy markets.
0131 221 8100
info@flexitricity.com