Who are you and what does your business do?
My name is Mutlu Yıldırım, and I am the Chief Commercial Officer at Pure Energy. We operate as a virtual power plant and portfolio management company, managing renewable assets across Germany, the Netherlands, and Turkey. We are also a service provider and trading company for batteries. To navigate such a complex market, we needed a comprehensive data solution. Montel has become an essential partner in helping us make data-driven decisions.
What challenges does Pure Energy face in energy trading?
We have lots of different types of traders within the company, and all of them have different data needs.We operate in a complex trading environment, managing day trading, algorithmic trading, PPA hedging, balancing, and battery trading services. With traders handling different market timeframes, from years ahead to just 15 minutes in advance, data accessibility and consistency became a significant challenge.
How does Montel’s energy analytics platform support your trading operations?
Montel provided us with a comprehensive, integrated data tool that met the needs of traders across different functions. By offering a single platform with real-time updates and a wide range of market insights, Montel ensured that all traders, regardless of their focus, accessed the same reliable data. For example, a term trader with a couple of years ahead interest, and an intraday trader with just 15 minutes ahead interest, just look at the same screens, getting access to the same data.
How does Montel help you navigate market volatility?
In an increasingly volatile energy market, having a reliable source of information is crucial. Instead of relying on peer discussions or scattered news sources, we turn to Montel for up-to-date insights, dashboards, and analysis.
Normally, you would call another trader and ask for their opinion on market changes. But in Montel’s case, it has been such a valuable source for us. We first go back to Montel screens, check the news and review the EQ platform for updates.
How does Montel provide you with insight to optimise trading?
Energy markets are interconnected, and weather conditions or price signals in one country can impact trading strategies in another. Montel’s data tools offer simultaneous access to critical market curves across multiple regions, providing traders with a holistic view of market conditions.
How does Montel help you save time?
With hundreds of data curves and refreshes per day, having an efficient interface is key to avoiding information overload. Montel’s dashboards enable Pure Energy’s traders to process vast amounts of data quickly and efficiently, optimising decision-making while reducing manual work. Looking at so many curves at one time, you need a nice dashboard view so that you don’t get lost in the data.
What makes Montel stand out for you?
Beyond its powerful data capabilities, Montel stands out for its customer experience. More than just a service provider, Montel operates as a trusted partner that evolves alongside us. You treat us more like colleagues than customers, ensuring we always have the help we need.
Why should other energy market players consider Montel?
Montel is a strategic tool that helps us discover new opportunities and refine our business approach. Once you start using it, you realise there’s so much more you need.
What impact has Montel had on your business?
For Pure Energy, Montel is more than just a data provider - it’s an indispensable tool that enhances trading efficiency, market intelligence, and overall business strategy. With a comprehensive, real-time platform, Montel empowers our traders to navigate volatility, streamline operations, and optimise their decision-making processes.