P3P_Energy_Supply Logo-29

At P3P Energy Supply (P3PES) we trade the electricity generated by P3P’s energy assets with the wholesale market. This enables in-house management of every stage of the energy asset timeline, from construction through to monetisation.

P3P_graphic_energy_asset_timeline_gif2
TradingPNG

TRADING AND OPTIMISATION

Once an energy asset is operational, P3PES works to maximise its profitability and functionality. We have developed a range of intelligent optimisation systems to suit each type of asset.

COMBINED HEAT AND POWER (CHP)

Catering to the demands of the on-site customer is the primary driver of CHP operations. This requires us to communicate actively with the sites to ensure they are getting the energy they need, when they need it. After 10 years of experience, this is something that we understand, but large suppliers and aggregators do not.

To help manage our CHPs we use a proprietary optimisation algorithm that utilises dynamic programming techniques and a market-leading power price forecast. This enables us to maximise the value from electricity generation whilst delivering the required heat (and CO₂) at the correct times. Our membership of the EPEX power exchange allows CHP run schedules to be adjusted in real-time and trading positions to be altered immediately in response to changes in plant availability.

CHP_desktop
chp mobile
Peak_desktop

GAS PEAKING

Gas Peaking plants have fewer operational constraints than CHPs, which allows them to be managed more flexibly. We use this opportunity to capitalise on power price fluctuations by actively trading the asset in response to real-time market conditions. Our optimisation systems remove the need for manual intervention by automatically sending trading instructions to the power exchanges in response to movements in the power price, and then dispatching the plants accordingly.

Peak_Mobile

SUPPLY AND ROUTE-TO-MARKET SERVICES

We are a fully licensed UK electricity supplier, meaning the electricity produced by P3P’s generation portfolio is sold directly through P3PES and any electricity imported for on-site usage is bought from P3PES. This removes the need for a third-party energy supplier, which has three key benefits:

Supplypng

1

BETTER TRADING

Assets are traded more accurately since there is a direct link between the asset management and electricity trading teams. This limits imbalance costs and missed trading opportunities.

2

BETTER VALUE

Costs are reduced by cutting out third-party supplier charges.

3

BETTER SERVICE

Invoices are more accurate and no time is wasted by managing supply contracts or resolving the regular billing mistakes made by large suppliers. An analytics platform is provided for live monitoring of asset performance.

SUPPLY AND ROUTE-TO-MARKET SERVICES

We are a fully licensed UK electricity supplier, meaning the electricity produced by P3P’s generation portfolio is sold directly through P3PES and any electricity imported for on-site usage is bought from P3PES. This removes the need for a third-party energy supplier, which has three key benefits:

Supplypng

1. BETTER TRADING

Assets are traded more accurately since there is a direct link between the asset management and electricity trading teams. This limits any imbalance costs and missed trading opportunities.

2. BETTER VALUE

Costs are reduced by cutting out third-party supplier charges.

3. BETTER SERVICE

Invoices are more accurate and no time is wasted by managing supply contracts or resolving the regular billing mistakes made by large suppliers.

Interested in working with us?

CASE STUDY: Teesside CHP

CASE STUDY: Teesside CHP

gas169
Gaspeaking

P3PES manages this 6.6MWe CHP that supplies heat and CO₂ to an adjacent horticultural nursery. Electricity is either exported to the grid or sold to a nearby factory through a private wire. P3PES optimises the function of the CHP, ensuring that:

  • Heat is delivered to the nursery as needed
  • CO₂ is delivered to the nursery at the specific times it is needed for photosynthesis
  • The electricity sales revenue from grid exports is maximised
  • Any flexibility that the CHP has to trade electricity outside the must-run periods is utilised, selling either to the wholesale market or to the factory
  • In the case of any unplanned outages on the site, electricity trade positions are managed
  • Timely and accurate energy supply invoices are provided to the CHP owner, who can monitor asset performance through our analytics platform.