Ancillary Services
Ancillary services analysis and settlement audit
Participation in ancillary-services markets is a significant opportunity to improve profitability. We analyze and audit your settlements with REE.
Who this is for
Assets already participating in ancillary services markets that are not sure they are being paid what they earned.
- Your settlement comes from your market agent and nobody checks it.
- You suspect there are discrepancies but cannot prove them.
- You want to know what these markets could pay you before entering.
- You need the numbers to hold up in an audit.
What we actually do
We review and audit your market agent settlement data: contractual settlements, REE ancillary service prices and energy exchange volumes with the TSO. The audit is built around REE because that is where most of our clients sit, and the same checks are replicable with any European TSO that publishes its prices.
Price check
Monthly check against published REE prices: TTCC, RR, secondary and tertiary.
Volume audit
Volume audits within 90 days of receiving the settlement.
Monthly reporting
Calculations and reports every month, in a format you can file.
Discrepancy resolution
When numbers do not match, we chase it until it is settled.
Revenue back-testing
What these markets would have paid your asset, before you commit to them.
We audit your last REE settlement, free
Send us one month and we will tell you whether the prices and volumes add up. No commitment.