Five Tips for Intraday Trading

Here we share five tips related to intraday trading

The intraday market gives you the opportunity to trade through the day of delivery, to balance actual production or consumption, by adjusting for discrepancies between the volume entered in the day-ahead market and what actually becomes produced in real time (intraday). This makes it possible to optimise the operating hours and reduce imbalance costs.

1.    Avoid selling with negative prices

The first and simplest step for increased profitability is price-dependent bids in the day-ahead market. In the past, negative prices were rare, but now we continuously see new records and a significant increase in negative prices. Unfortunately, there are still many producers that lack routines for price-dependent bidding. If you haven’t implemented routines to avoid losses in the event of negative prices, we recommend that you contact us to get a solution in place.

2.    Insight and strategy

Use effective tools to gain insight into energy prices and weather data, as well as for precise forecasts. This insight is crucial for developing good strategies for both production and trade, which can optimise profitability and reduce risk in the market. Learn more about Insight by Volue.

3.    Technology

Trading from imbalance into balance, requires:
   • Rapid adaptation of production plans around the clock
   • Overview of the current market status
   • Fast decision-making in trading around the clock
By implementing algorithm-based technology, the response time is reduced, which effectively reduces imbalance costs and provides a faster reaction to market changes.
Volue offers various solutions that caters to different needs:

• Energy Trading Services for the Nordic markets
• Smart and Automated Solution for energy producers, renewable portfolio managers, and municipal suppliers
• Professional-Grade Execution Engine for algorithmic trading in the continuous intraday market, with advanced process automation features 

4.    Prepare for the 15 minute market

The new 15 minute market is planned in the Nordics in 2025. By starting intraday trading now, you create a solid foundation for being able to exploit the benefits of the upcoming 15 minute market. This gives you experience with faster trading decisions and more frequent updates, which will be crucial when the new market is implemented. With the full rollout of the 15 minute market, the amount of data will increase further and the need for automated trading will increase in line with the amount of data.

5.    Gain access to new markets through a trusted partner

Trading on the intraday market requires market expertise, insight and resources to quickly react to changes. However, you do not need large investments to participate. With a solid partner like Volue, you benefit from our deep expertise, up-to-date technology and 24/7 monitoring. Contact us for a conversation about what solution would be the best for you.

Volue is a leading technology supplier and enabler of the green transition. Our solutions optimise energy production, trading, distribution and consumption. Are you an operator in the renewable or conventional energy sector and looking to outsource production planning and optimisation, trading and related operational processes? Leverage Volue’s expertise to optimise your assets in the dynamic energy market.