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Software Add-On for Power Traders | Molecule
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href="/platform/implementation.html"> <i class="fa fa-arrow-right"></i> <strong>Implementation</strong> <p>Our goal is to make your Molecule implementation as free from headaches as possible — so your team can get more value from it in a shorter timeframe.</p> </a> </li> </ul> </div> </li> <li class="menu-item packages"> <a href="/packages" class="section-name editable">Packages</a> <div class="ubermenu-panel"> <ul class="ubermenu"> <li class="ubermenu-item title">Packages</li> <li class="ubermenu-item editable"> <a href="/packages"> <i class="fa fa-cubes"></i> <strong>Packages</strong> <p>Molecule is offered in three fixed-price packages, with standard installs included in the price.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/packages/#features"> <i class="fa fa-table"></i> <strong>Features</strong> <p>Have a look at Molecule's features for a complete listing of what Molecule provides.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/packages/add-ons.html"> <i class="fa fa-cube"></i> <strong>Add-ons</strong> <p>Molecule also offers specialized upgrade packages for renewables, physical power, and crypto as well as a data lake-as-a-service.</p> </a> </li> <li class="ubermenu-item hide-main editable"> <a href="/packages/elektra.html"><strong>Elektra</strong></a> </li> <li class="ubermenu-item hide-main editable"> <a href="/packages/djinn.html"><strong>Djinn</strong></a> </li> <li class="ubermenu-item hide-main editable"> <a href="/packages/bigbang.html"><strong>Bigbang</strong></a> </li> <li class="ubermenu-item hide-main editable"> <a href="/packages/hive.html"><strong>Hive</strong></a> </li> </ul> </div> </li> <li class="menu-item industries"> <a href="/industries.html" class="section-name editable">Industries</a> <div class="ubermenu-panel"> <ul class="ubermenu"> <li class="ubermenu-item title">Industries</li> <li class="ubermenu-item editable"> <a href="/industries.html"> <i class="fa fa-industry"></i> <strong>Power Producers</strong> <p>Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/industries.html"> <i class="fa fa-industry"></i> <strong>Renewables Trading</strong> <p>Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/industries.html"> <i class="fa fa-industry"></i> <strong>Oil & Gas</strong> <p>Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/industries.html"> <i class="fa fa-industry"></i> <strong>Crytpo Trading</strong> <p>Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/industries.html"> <i class="fa fa-industry"></i> <strong>Energy</strong> <p>Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/industries.html"> <i class="fa fa-industry"></i> <strong>Hedge Funds</strong> <p>Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.</p> </a> </li> </ul> </div> </li> <li class="menu-item resources"> <a href="/resources" class="section-name editable">Resources</a> <div class="ubermenu-panel"> <ul class="ubermenu"> <li class="ubermenu-item title">Resources</li> <li class="ubermenu-item editable"> <a href="https://www.molecule.io/blog/" target="_blank"> <i class="fa fa-rss"></i> <strong>Blog</strong> <p>Check out our blog, Covalence, to learn more of how we think about the industry.</p> </a> </li> <li 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Check out our library of recorded demos of the Molecule platform and add-ons.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/resources#reports"> <i class="fa fa-file-pdf-o"></i> <strong>Reports</strong> <p>Get Molecule's data-driven industry reports to help you make smarter decisions about the way you work.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/resources#press-releases"> <i class="fa fa-newspaper-o"></i> <strong>Press Releases</strong> <p>Stay up to date with the latest Molecule news and announcements.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/resources#datasheets"> <i class="fa fa-file-pdf-o"></i> <strong>Datasheets</strong> <p>From a deep dive on security, to feature lists, to interviews with our CEO, learn more about Molecule's product here.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/resources#multimedia"> <i class="fa fa-play"></i> <strong>Multimedia</strong> <p>We have been known to get behind a camera and mic, and wax poetic about our features, the industry, & other topics.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/resources#reference"> <i class="fa fa-book"></i> <strong>Reference</strong> <p>For glossaries and other supplemental materials, check out our reference section.</p> </a> </li> </ul> </div> </li> <li class="menu-item case-studies"> <a href="/case-studies" class="section-name editable">Case Studies</a> <div class="ubermenu-panel"> <ul class="ubermenu"> <li class="ubermenu-item title editable">Resources</li> <li class="ubermenu-item editable"> <a href="/case-studies#testimonials"> <strong>Testimonials</strong> </a> </li> </ul> </div> </li> <li class="menu-item about-us"> <a href="/about-us/company.html" class="section-name editable">About Us</a> <div class="ubermenu-panel"> <ul class="ubermenu"> <li class="ubermenu-item title">About Us</li> <li class="ubermenu-item editable"> <a href="/about-us/company.html"> <i class="fa fa-info"></i> <strong>Our Company</strong> <p>Who are we? We are Molecule.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/about-us/team.html"> <i class="fa fa-users"></i> <strong>Our Team</strong> <p>We've built the best team in the industry. Come meet us.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/about-us/values.html"> <i class="fa fa-balance-scale"></i> <strong>Our Values</strong> <p>We developed our values as a team. They define how we approach every customer, and every new challenge.</p> </a> </li> <li class="ubermenu-item editable"> <a href="https://boards.greenhouse.io/molecule" target="_blank"> <i class="fa fa-briefcase"></i> <strong>Jobs</strong> <p>Want to solve hard problems that relate to how the whole world works? We want to meet you.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/about-us/artwork.html"> <i class="fa fa-paint-brush"></i> <strong>Artwork</strong> <p>Molecule's graphic design is all done in-house. Take a look at how we've looked over the years.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/about-us/missions.html"> <i class="fa fa-user-secret"></i> <strong>Missions</strong> <p>Our customer names are classified, but their code names are not. Check out some of their mission patch designs.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/about-us/swag.html"> <i class="fa fa-black-tie"></i> <strong>Swag</strong> <p>Wear the brand. Take a look at our current and past t-shirt designs. Purchase some for yourself.</p> </a> </li> </ul> </div> </li> <li class="menu-item contact-us"> <a href="/contact-us.html" class="section-name editable">Contact Us</a> </li> <li class="menu-item support"> <a href="/support.html" class="section-name editable">Support</a> <div class="ubermenu-panel"> <ul class="ubermenu"> <li class="ubermenu-item title col-span editable">Support</li> <li class="ubermenu-item col-span editable"> <a href="/support.html"><strong>Technical</strong></a> </li> <li class="ubermenu-item col-span editable"> <a href="/support.html"><strong>Billing</strong></a> </li> <li class="ubermenu-item col-span editable"> <a href="https://help.molecule.io" target="_blank"><strong>Knowledge Base</strong></a> </li> </ul> </div> </li> <li class="menu-item sign-in"> <div class="section-name"> Sign In <div class="sign-in-menu"> <a href="https://app.molecule.io/users/sign_in" id="logIn" target="_blank"><i class="fa fa-globe" aria-hidden="true"></i>US</a> <a href="https://eu.molecule.io" id="logIn" target="_blank"><i class="fa fa-globe" aria-hidden="true"></i>EU</a> </div> </div> </li> </ul> </nav> </header> <div class="page-content"> <main class="packages elektra-pg"> <section class="hero-detail"> <!-- Photo by Christian Fregnan on Unsplash --> <header class="wrapper"> <div id="breadcrumbs" class="breadcrumbs"> <a href="/">Home</a> / <a href="/packages/">Packages</a> / Elektra </div> <h2 class="section-title editable">Packages</h2> </header> </section> <section class="elektra-banner"> <div class="wrapper"> <i class="node-one"></i> <i class="node-two"></i> <i class="node-three"></i> <i class="node-four"></i> <i class="node-five"></i> <i class="node-six"></i> <i class="node-seven"></i> <i class="node-eight"></i> <i class="node-nine"></i> <div class="elektra-logo"></div> </div> </section> <section class="elektra-body"> <article class="wrapper col-layout editable"> <div class="col-span border-bottom"> <span class="elektra-dot-header"> <i></i> <i></i> <i></i> <i></i> <i></i> <em>Taking our power game to the next level</em> </span> Molecule was born in power, and we’re taking our power game to the next level with Elektra — our new power markets package for independent power producers, hedge funds, hedge advisors, and power utilities.<br> <br> With Elektra, Molecule is the ETRM that provides the most automated and transparent (i.e. modern) visibility into P&L, position, and risk exposure for a large variety of power trades. </div> <div class="col-half"> <h2>Manage your complex power portfolio</h2> <p>Trying to cram electricity into ETRMs built for another commodity, doesn’t work well.</p> <p>For your portfolio of generation, fuel, and everything in between, Molecule already offers rich block interpretation logic, as well as support for a variety of instruments traded on (and around) North American ISOs. RECs, RGGIs, FTRs, and virtuals all have a home in Molecule.</p> <p>With Elektra, Molecule adds ISO connectivity, arbitrary block conversions (i.e., 7x24 to 5x16-equivalence), and more — all specifically for physical and financial power.</p> <p>We’re also centralizing and open-sourcing our Python-based block logic (including DST adjustments) on GitHub — so that nobody ever has to reinvent that logic again.</p> <br> <h2>Integrate & automate data and reporting</h2> <p>At Molecule, we want our software to just work, so we do our best to provide customers with market data, out of the box. With Elektra, this effort expands from exchange data to North American power as a whole.</p> <p>End-of-day LMPs and other electricity pricing data will be included as part of Molecule’s Elektra package, and will be powered by our partner NRGSTREAM.</p> </div> <div class="col-half"> <div class="form-wrapper"> <h3>Find out more</h3> <p>Get your generation, production, complex deals, and hedges into a single, automated, consolidated view — without the craziness of managing LMPs.</p> <p>Talk to us about <span>Elektra: Power by Molecule</span>.</p> <script charset="utf-8" type="text/javascript" src="//js.hsforms.net/forms/embed/v2.js"></script> <script> hbspt.forms.create({ region: "na1", portalId: "9308261", formId: "946d7ecf-2d99-42f6-9213-3bf95cbed2dc" }); </script> </div> <div class="photo-insert"></div> </div> </article> <div class="accent-bolt"></div> </section> </main> <script type="text/javascript"> analytics.track('/packages/elektra.html viewed'); </script> </div> <footer class="site-footer"> <div class="wrapper"> <nav class="menu-panel"> <ul class="menu"> <li class="menu-item solutions"> <a href="/solutions" class="section-name editable">Solutions</a> <div class="ubermenu-panel"> <ul class="ubermenu"> <li class="ubermenu-item title">Trading Risk Management Solutions from Molecule</li> <li class="ubermenu-item editable"> <a href="/solutions/traders-and-front-office.html"> <i class="fa fa-user"></i> <strong>Traders <span class="plus">+</span> Front Office</strong> <p>Get your trade risk system out of your way with automated deal capture and position reporting.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/solutions/risk-managers-and-middle-office.html"> <i class="fa fa-user"></i> <strong>Risk Managers <span class="plus">+</span> Middle Office</strong> <p>Generate automated reports and consolidate portfolio data using Molecule's modern E/CTRM platform.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/solutions/independent-power-producers.html"> <i class="fa fa-building"></i> <strong>IPP<span class="lowercase">s</span></strong> <p>Capture your power trades, model anything, and get the reporting and insights you need — without waiting hours.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/solutions/hedge-funds-and-prop-funds.html"> <i class="fa fa-building"></i> <strong>Hedge Funds <span class="plus">+</span> Prop Funds</span></strong> <p>Manage risk across your portfolios and get reliable, near-real-time position and P&L.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/solutions/advisors.html"> <i class="fa fa-building"></i> <strong>Advisors</strong> <p>Manage diverse portfolios and assess energy and commodity risk across all of your customers — all in one place.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/solutions/energy-and-commodities-consumers.html"> <i class="fa fa-building"></i> <strong>Energy <span class="plus">+</span> Commodities Consumers</strong> <p>Easily compare forward short positions to purchases and hedges — so you can make smarter trading decisions.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/solutions/renewables.html"> <i class="fa fa-building"></i> <strong>Renewables</strong> <p>Manage the full lifecycle of renewable energy trades - including credits, offsets, allowances, derivative instruments, and their unique attributes.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/solutions/oil-gas-and-chemicals.html"> <i class="fa fa-building"></i> <strong>Oil, Gas, <span class="plus">+</span> Chemicals</strong> <p>Manage financial derivatives, physical trading around assets, back-to-backs, and inventory positions.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/solutions/crypto.html"> <i class="fa fa-building"></i> <strong>Crypto</strong> <p>See your risk and exposure alongside the power you use, and everything else you trade.</p> </a> </li> <li class="ubermenu-item why-mol editable"> <a href="/solutions/why-molecule.html"> <i class="fa fa-question"></i> <strong>Why Molecule?</strong> <p>How are we different? 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<strong>Power Producers</strong> <p>Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/industries.html"> <i class="fa fa-industry"></i> <strong>Renewables Trading</strong> <p>Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/industries.html"> <i class="fa fa-industry"></i> <strong>Oil & Gas</strong> <p>Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.</p> </a> </li> <li class="ubermenu-item editable"> <a href="/industries.html"> <i class="fa fa-industry"></i> <strong>Crytpo Trading</strong> <p>Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.</p> </a> </li> <li 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