How Wirtek and Opoura developed a scalable Energy Trading and Risk Management solution that redefines industry standards

Summary

Opoura, headquartered in Denmark, empowers the renewable energy sector with more than 17 years of expertise. Amid a 50% surge in renewable energy capacity, the sector’s growth demands advanced trading software. Opoura partnered with Wirtek to develop OneView® ETRM, a scalable Energy Trading and Risk Management platform. Leveraging Wirtek’s technical and energy-domain expertise, the platform addresses the needs of Balance Responsible Parties (BRPs) grappling with outdated systems and highlights the role of digital solutions in advancing energy management.

Challenge

In 2023 renewable electricity capacity additions were almost 50% higher than in 2022. Energy represents Wirtek’s most rapidly expanding business unit, with 70% revenue growth in 2023. The acceleration of the energy transition is shifting how energy is generated, traded and managed, with the ETRM industry projected to expand from USD 24.1 billion in 2023 to USD 30.2 billion by 2030. This increasing complexity underscores the need for cutting-edge solutions from partnerships like Opoura and Wirtek.

Solution

Opoura selected Wirtek to create a cutting-edge ETRM solution. The teams developed a modern, secure energy trading system with multiple integrations in under two years. Key features of OneView® ETRM:

• A unified system centralising data for BRPs, offering asset management, forecasting and trading across various electricity markets.
• A subscription model ensuring continuous maintenance and updates.
• Full integration with client infrastructure, transmission system operators, power exchanges and operating assets.
• Simplified entry into capacity and frequency markets, with continuous updates to ensure compliance with evolving regulations.

Designed to be reliable and scalable, OneView® ETRM automates critical processes and facilitates real-time monitoring and data-driven decisions, enabling BRPs to stay competitive.

Results

Trust between Opoura and Wirtek created a cooperative dynamic with frequent dialogue and client visits. Wirtek’s energy-market expertise and track record with Transmission System Operators, coupled with infrastructure and DevOps knowledge, positions Wirtek to fill a critical market gap. The launch of OneView® ETRM and its future international deployments demonstrate its readiness for evolving industry dynamics.

About Opoura

Opoura, headquartered in Denmark, empowers the renewable energy sector through its expertise across a global network. With more than 17 years of renewable energy expertise, it is a leading software and hardware solution provider.