Web-Based Transmission Rights Auction System

i-HEDGE™ is a full featured web-based integrated hardware/software system that manages a market’s transmission rights operation and administration. It allows market participants to submit bids for the purchase and sale of FTR/TCC/CRRs and to receive the results of the auction clearing. It enables the auction market administrators to run the calculations that clear each auction, and it provides the information needed by the companion accounting functions for financial settlement. It also enables auction administrators to conduct allocation studies (initial, seasonal and monthly true-ups) and to provide secondary market trading functionality.

Key features include:

  • A fully integrated web-based system that controls and administers a transmission rights auction market, allowing accredited users to participate in the FTR/TCC/CRR auctions
  • Auction market clearing using HEDGE, including all the advanced modeling features available in HEDGE
  • Integration of all necessary auction market components including:
    • Market User Interface Subsystem
    • Data Interface Subsystem
    • Database Subsystem
    • Market Operator Interface Subsystem
    • Calculation Subsystem
    • Training Subsystem
  • An open, flexible architecture that is modularized to allow easy interfaces with existing market systems to meet specific IT infrastructure requirements
 

Resources

View/download i-HEDGE brochure

Clients

Leading ISOs and RTOs throughout North America use i-HEDGE to implement their FTR/CRR auction markets , including:
  • Midwest ISO
  • California ISO

Product Demonstrations

To learn more and for an in-depth demonstration of i-HEDGE, please contact us at:

Nexant, Inc.
3100 West Ray Road, Suite 230
Chandler, AZ 85226, USA
Tel: +1 480 345 7600
Fax: +1 480 345 7601
E-mail: energysolutions@nexant.com