Manage Your Complex Power Portfolio with Molecule + Elektra

Electricity, the fastest-growing energy commodity in the world, is complex in ways oil & gas are not. It creates massive volumes of data, and even a simple position requires understanding peak blocks and unit conversions that differ around the world.

Molecule was born in power — and built to handle the complexities of modern power trading.

The ETRM That’s Built for Power

Trying to cram electricity into ETRMs built for another commodity doesn’t work well.

Elektra, Molecule’s add-on for power, does everything you’d expect from an ETRM modeling financial and physical power. Plus, it also handles the ultra-complex, data-intensive problems you won’t typically find.

Financial & Physical Power

Elektra simplifies the complexities of power trading with automated support for key market instruments — ensuring accurate trade capture, valuation, and reporting.

Connects to all American ISOs and European TSOs (coming soon) and downloads awards, automatically.
Provides market data & settlement prices from exchanges and ISOs (TSOs coming soon).
Supports power-specific trade types like DART spreads, PTPs, DA awards, FTRs/TCRs/CRRs, and ancillaries.
Models & marks FTRs throughout their lifetime, from award to hourly settle.
Provides STP feeds from ICE, CME, EEX/Nodal Exchange, and Trayport (where applicable and licensed).

Expanded Market & Data Support

Elektra helps you stay up-to-date with automated reconciliation and award downloads — so you can react to shifts as quickly as the market.

Downloads awards, automatically, from all American ISOs and European TSOs (coming soon).
Reconciles with 20+ futures clearing merchants/brokers, automatically.

PPAs at 15-Minute Granularity

Modeling Power Purchase Agreements (PPAs) with high granularity and multi-decade tenors? Elektra provides granular modeling and real-time actualization for complex power contracts:

Models a facility and its forward positions, MTM, cash flows and more.
Models multi-decade PPAs at 15-minute granularity.
Forecasts and values at the hourly level in a snap.
Provides actualization on-screen and via API.

FTRs/TCRs/CRRs

Financial Transmission Rights (FTRs) require ISO/TSO connectivity, long-term modeling, and high-granularity settlement. Elektra automates FTR management at every stage — from award to hourly settlement. With Elektra, Molecule:

Downloads these awards for you, natively creating long and short positions that you can hedge against.
Models position efficiently — in the aggregate before the delivery month, and at high granularity during delivery.
Builds FTR marking curves for you, based on market results (custom feature and in select markets).

Battery & Energy Storage Asset Management

Molecule has developed reporting specifically for companies with batteries and BESS systems. Elektra helps you to:

Track contracted and actual loads and discharges on energy storage assets.
Account for load costs and discharge revenues to calculate unit and asset P&L.
Compare asset utilization rates to battery throughput to assess performance and efficiency.

Integrations

Modern power markets require integration into many data sources, and Molecule supports nearly 50 integrations around the world — to exchanges, ISOs, TSOs (coming soon), registries, market data sources, and more.

Our integration partners include:

Hartigen PowerOptix (ISO connectivity & scheduling)
NRGStream (settlement prices)
Trayport (providing EEX connectivity)