Power Producers

Nexant has a complete suite of software products for risk management associated with trading in organized wholesale markets. The suite includes COMET® simulation software for day-ahead energy markets, which calculates local prices of electricity based on a set of bids. The suite also includes HEDGE®—the software solution for simulating allocations and auctions of financial transmission rights. These software products are used across multiple markets and support your trading strategy against your competitors.

PRYM® is a decision support system for developing and maintaining an energy portfolio strategy. Power producer portfolios include generation assets and load contracts, along with all types of financial contracts to be optimized, within one or multiple electricity markets, for balancing risk and profits. PRYM is often used for merger and acquisition simulations and power plant operation decisions (maintenance planning, etc.).

Nexant software systems have a significantly lower total cost of ownership than alternative back-office systems. Because Nexant systems feature native XML architecture and simple-to-configure application interfaces, they are easily integrated with your existing applications and with other third-party solutions.

Nexant also offers electric power consulting services for power producers.