The module incorporates intelligent execution algorithms, continuous signal monitoring, and advanced parameterization, allowing operators to manage their strategy while the system automatically executes orders.

The growing complexity of the European electricity market is forcing market participants to adopt new tools capable of responding in real time to an environment where every second can make a difference. High price volatility, the increasing penetration of renewable energy, and the growing volume of operational decisions are making it increasingly difficult to manually manage operations in the continuous intraday market (xBID).

To address this new scenario, Gnarum has developed Smart xBID, a new module integrated into its Trade platform that automates continuous intraday market management by combining operational flexibility, economic optimization, and regulatory compliance.

Unlike traditional systems, which focus primarily on deviation adjustments, Smart xBID automates the entire order-book operation through an advanced parameterization engine. The operator defines the strategy according to the criteria they consider appropriate, and the platform automatically executes orders, adapting in real time to market developments and reducing the risks associated with manual management.

Jesús Yamuza, IT Solution Manager in Gnarum; Javier Jiménez, CIO in Gnarum.

The solution includes features designed both to maximize economic performance and to strengthen operational security. Key functionalities include dynamic order planning, advanced price and volume controls, and sophisticated tools to anticipate the impact of each transaction.

In addition, Smart xBID integrates market rules directly into its execution engine, ensuring compliance with the regulatory parameters associated with RAD and RUC ratios, as well as with the other operational requirements applicable to the continuous intraday market.

“The growing complexity of the intraday market makes it essential to move towards intelligent operating models. Smart xBID enables operators to retain control over their strategy while automating execution based on predefined criteria, reducing operational risk and improving their ability to respond to a constantly changing market,” explains Javier Jiménez, CIO at Gnarum.

The development of this solution responds to the need to equip market participants with tools capable of managing increasingly demanding operations, where execution speed, adaptability, and regulatory compliance are critical to maximizing the value of each transaction.

Alongside its automation capabilities, the platform incorporates advanced real-time monitoring, auditing, and validation systems that prevent configuration errors before they can impact the market, providing greater traceability and security throughout the entire operation.

“Automation reaches its full potential when it is powered by reliable information. The integration of Smart xBID with our forecasting capabilities enables strategies to be based on continuously updated forecasts, providing greater accuracy in decision-making and a much more agile response to market changes,” explains Jesús Yamuza, IT Solution Manager at Gnarum..

With Smart xBID, Gnarum continues to develop solutions that combine automation, operational intelligence, and advanced analytics to help electricity market participants address the challenges of an increasingly dynamic and complex energy system with greater confidence.