Transforming Australian Energy trading using web 2.0 technologies

Rodrigo del Busto, Senior Analyst Model Development,
Origin, Lv. 45 Australia Square 264-278 George st. Sydney NSW 2000 Australia.
Email: rodrigo.delbusto@originenergy.com.au

Andrew J. Bucknell, Faculty of Engineering, University of Technology, Sydney, P.O. Box 123, Broadway NSW 2007 Australia , Email: Andrew.Bucknell@uts.edu.au

Keywords

Software as a Service, WEB 2.0, Energy trading, Framework, Community engagement, communities, Responsive information systems.

Abstract

Energy Traders need to understand, and react to, large amounts of information in order to do their job effectively. The nature and variety of these information sources means that traders must spend most of their time manually sifting through data instead of planning strategies and making crucial decisions in a 24 hour market that is extremely volatile.

By using WEB 2.0 technologies, this project used a SaaS (Software as a Service) approach to cost effectively build a series of small applications in-house, which delivers aggregated information in a simplified format to the Trading community in a more cost effective and flexible way than using off the shelve software.

Typical approaches require the deployment of expensive/complex application frameworks. Our approach shows how to achieve similar results on time and at lower costs by using dynamic html and iframes to present information to the user. The utility of our approach is demonstrated through a case study showing how we integrated diverse unsynchronized data sources in to a near real-time information system that supports rapid decision making