IPESOFT ROVE

Innovative information system for intelligent energy production, energy trading and secure risk management.

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years on the market

101

qualified experts

2032

unique projects

Million

custom code lines

Why ROVE from IPESOFT

By introducing a system, your company can achieve a wide range of benefits

Minimises losses in the electricity trade with risk management tools

Increase in profitability due to efficient use of production capacities

Increase production efficiency

Reduction of fuel consumption

Reduction of emissions

Ensuring the possibility of supplying various energy products also to the EU market area

Imports, analyses, validates and presents data from various markets (commodity exchanges, exchange rates, brokerage platforms, securities market, OTC,...)

Records and processes bilateral, stock exchange and internal trade agreements

It shall verify the contract on the basis of specified limits or conditions of approval

Generates contract confirmations based on EFET standards tailored to the company's terms and conditions

Offers reporting in accordance with remit general terms and conditions

Ensures communication with TSO (Transition System Operators) based on ENTSO-E standards

Records contract status (confirmed, unconfirmed, invoiced,...)

System Product Sheet

For more information, download the system product sheet.

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System Properties

Trading and risk management

All information necessary for trading and risk management in a structured and logical form immediately applicable to informed management decisions.

Continuous monitoring of market and legislative changes

Thanks to continuous development, it ensures continuous monitoring of changes in the market and legislation, as well as changing conditions in the European liberalised energy market, and also allows the integration of new

Optimization of financial processes

When optimising financial processes, the system also takes into account the requirements of companies and production companies outside the energy sector.

Real-time software technology

Unique prediction modules, implementation of long-term experience from a number of successful installations, constant innovation and is an upgrade of new features.

Adapted for both liberalised and just-liberalising markets

Provision of activities and instruments to promote trade in electricity under liberalised market conditions,

Efficient use of production capacities

Simultaneous provision of efficient use of the producer's generation capacities in order to optimise the revenues from the production and sale of electricity

Creation of analyses, predictions and contract management

The solution is characterized by strong support for the creation of analyses, predictions, contract management, risk management tools are also included and access to energy exchanges is self-evident.

Comprehensive overview of production information

Digitization of the entire production process together with transparent monitoring in the form of aggregated indicators.

Personalized KPIs

Distribution of information to users through a comprehensible set of indicators tailored to the user. Whether it's dispatcher or management.

Real-time economic balances.

The system recalculates the economic profitability of production in the form of KPIs such as €/MWh in real time.

Identification of losses

Localization of fault conditions and weaknesses based on data analysis.

Generation scheduling

Use of automated and sophisticated planning procedures;

High availability of the control system

The necessary data are always available in the appropriate format.

Statements of practice

What our customers say about us:

"The solution allows EPS to be well prepared for the liberalisation and standardisation of processes in the Serbian energy market, while at the same time easily and quickly accessing several foreign markets."

David Žarkovič

Electroprivreda coats

"Our dispatchers, change masters and managers manage the technology through a single central system. They rely on consistent information when deciding on business strategies and development change. And thanks to a clear interpretation of key indicators, their operational decision-making is also easier. "

Production Resources Manager at Martinská Teplárenská

"The creation of a new automated system for controlling locomotive traction in Kazakhstan will help reduce energy consumption in the transport process. According to JSC KTZh – Cargo, fuel consumption for the first half of 2015 was equal to 12,000 tons. Last year it was more than 16,000 tonnes."

Arslan Dzumashev

JSC KTZh – Cargo

Success stories

Examples of successful cooperation with our customers.

Energy trading and risk management (ETRM) in Elektroprivreda Srbije

Market liberalisation has opened the door to trade on both the domestic and European markets. A combination of qualified personnel and a quality ETRM system to maximize returns on foreign exchanges.

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Martin heating plant produces heat more environmentally friendly and economical

Advanced optimization of the use of the combination of sources and fuel mix for increasing the efficiency of heat and electricity production and reducing the emission load in the Martin heating plant.

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Gas flow optimization for underground gas storage (UGS) in Nafta a.s.

Underground gas storage (UGS) is a unique infrastructure combining storage with gas surface equipment. Its flexible use according to customer requirements adds additional complexity and thus increases the demand for proper gas flow management.

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