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  2. SAP for Utilities
  3. virtual trading point


What is virtual trading point in SAP IS-U - SAP for Utilities?


SAP Term: virtual trading point

  • Component: IS-U

  • Component Name: SAP for Utilities

  • Description: SAP Utilities The point where gas can be traded after entry and before exit in a market area. The virtual trading point is not assigned to a physical entry or exit point and enables gas consumers and gas vendors to buy and sell gas without a capacity booking. source: Agreement about the cooperation between operators of gas supply grids in Germany according to § 20 section 1b, Energy Industry Act


Smart SAP Assistant

  • Key Concepts: 
    A virtual trading point (VTP) is a feature of the SAP IS-U for Utilities component that allows customers to purchase energy from multiple suppliers in a single transaction. The VTP acts as an intermediary between the customer and the suppliers, allowing customers to purchase energy from multiple suppliers in one transaction. This eliminates the need for customers to make multiple transactions with each supplier. 
    
    How to use it: 
    The VTP is used by customers to purchase energy from multiple suppliers in one transaction. Customers can select the energy they want to purchase and the VTP will automatically calculate the total cost of the transaction. The customer then pays the total cost of the transaction to the VTP, which then distributes the payment to each of the suppliers. 
    
    Tips & Tricks: 
    When using a VTP, it is important to ensure that all of the suppliers are reputable and trustworthy. Additionally, it is important to compare prices between different suppliers before making a purchase. This will help ensure that customers get the best deal possible. 
    
    Related Information: 
    The VTP feature is part of SAP IS-U for Utilities, which is a software solution designed specifically for utilities companies. It provides utilities companies with a comprehensive set of tools for managing their operations, including billing, customer service, and energy management. Additionally, SAP IS-U for Utilities also provides features such as energy forecasting and demand response management.
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