ZTP platform tracks energy consumption

By Ellie Woollven

- Last updated on GMT

ZTP's new dashboard allows manufacturers to manage energy consumption
ZTP's new dashboard allows manufacturers to manage energy consumption
A system designed to help users monitor and forecast their energy usage, analyse current market prices, forecast future prices and build in accurate risk calculations has been introduced by energy software and management consultancy ZTP.

Its new platform, Kiveev – launched last month – digitalises the procurement and management of flex power and gas contracts. The platform allows users to track and forecast their energy consumption, build and analyse budgets, design trade strategies, assess market conditions and price forecasts, calculate risk, record trades and positions, evaluate strategies and report on performance.

Kiveev dashboard

Kiveev monitored the market constantly, so businesses could react quickly to market conditions and see the impact against purchasing strategies, ZTP said. Price trends can also be investigated through a Kiveev dashboard.

“Kiveev arrives at a time of increased energy market volatility,”​ said ZTP managing director Alex Hill. “It will empower those responsible for energy management and procurement. Based on our discussions with clients and contacts from across multiple sectors ... we identified that many had no system in place to monitor and forecast their energy usage, analyse current market prices or build in risk factors.

‘Maximising savings’

“We set out to build a solution that can help users to significantly enhance how they manage energy, together with maximising savings on their energy use and costs across their multi-site, mixed-use development portfolios.”

Hill said Kiveev would transform the way flexible power and gas contracts were managed by both national and international businesses. “It will offer accurate, transparent and auditable information on budgeting, energy pricing and trading positions, while drawing on artificial intelligence-driven risk management tools to provide clarity on market opportunities,”​ he added.

Find out more on ZTP's website. 

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