Gnarum | Empowering your energy
OTC energy trading in Italy is complex and error-prone, but Gnarum’s cloud-based platform automates transfers and PCE scheduling, enabling faster, smarter, and more reliable operations.
Over-the-counter (OTC) energy trading in the Italian market introduces unique operational challenges. Before the opening of the Day-Ahead Market (MGP), operators must perform physical scheduling of underlying units within a zonal portfolio on the Conti Energia (PCE) platform managed by GME. This scheduling is based on OTC energy transfers between different market participants, each associated with energy accounts for injection or withdrawal.
These transfers enable the execution of Power Purchase Agreements (PPAs), where the delivery of energy occurs on PCE. The receiving operator is then responsible for programming that energy across its generation or consumption units. Managing these processes manually—especially when handling multiple bilateral agreements and complex portfolios—can lead to inefficiencies, compliance risks, and missed deadlines.
The challenge is clear: how to automate OTC transfers, ensure accurate PCE scheduling, and maintain full visibility and control over zonal portfolios while reducing operational risk and workload.
Gnarum provides a fully automated, end-to-end platform for OTC energy trading and physical scheduling on PCE. Our solution transforms bilateral agreements and portfolio data into actionable schedules, executing them seamlessly within GME’s framework—all from a single interface.
Key Capabilities:
Automated OTC Transfers: Register and manage energy transfers between parties with precision and compliance.
Integrated PCE Scheduling: Automatically program received energy across underlying units before the Day-Ahead Market opens.
Dynamic Strategy Deployment: Apply predefined rules or design custom algorithms for flexible portfolio management.
Real-Time Portfolio Updates: Instantly reflect OTC transactions and scheduling changes for immediate operational clarity.
Error-Free Operations: Automated workflows eliminate manual steps, reducing risks and ensuring regulatory compliance.
Advanced PPA Management: Handle complex bilateral agreements with full transparency and control.
With Gnarum, you gain a unified, cloud-based system that simplifies every stage of OTC trading and physical scheduling—helping you operate faster, smarter, and with confidence.
The client is an Italian energy operator active in the wholesale market, managing an annual consumption portfolio exceeding 500 GWh. The energy needed to cover this volume is sourced through a custom bilateral PPA, with physical delivery executed on the PCE platform via OTC commercial transfers. As a BRP for consumption, the client must correctly assign this energy to its zonal market units, ensuring compliance, accuracy, and alignment with both portfolio forecasts and market conditions.
The client needed to streamline the entire OTC–PCE workflow: from the reception of PPA-delivered energy to its accurate allocation across zonal units before the Day-Ahead Market opens. Managing these steps manually posed several challenges—complex scheduling rules, tight deadlines, and the need to incorporate both load forecasts and price projections when allocating energy. Moreover, the operational flow had to remain perfectly aligned with subsequent day-ahead and intraday strategies, without creating inefficiencies or operational risks.
Gnarum implemented a fully automated solution that manages the client’s entire OTC and PCE scheduling process with precision and intelligence. The platform automatically registers PPA-related OTC transfers on PCE, integrates consumption and price forecasts, and allocates energy across the client’s zonal market units following optimized, rule-based logic.
This automated programming seamlessly feeds into the day-ahead phase, where the client continues using Gnarum’s bidding tools to operate efficiently in subsequent intraday sessions. The result is a unified, end-to-end trading and scheduling workflow that:
Eliminates manual errors and compliance risks
Ensures accurate and timely PCE scheduling
Optimizes the alignment between PPA deliveries, consumption needs, and market conditions
Reduces operational workload while maintaining full traceability
Provides a seamless transition from OTC/PCE scheduling to day-ahead and intraday bidding
By adopting Gnarum’s platform, the client has transformed a traditionally complex and error prone process into a highly efficient, automated, and data driven workflow, strengthening its competitive position in the Italian wholesale market.
