Germany
Manufacturer/ Producer
Germany
Why optimization? With the transformation of the energy system a generation portfolio has to be adapted constantly to new conditions. The more generation units are involved and the more commodities and markets have to be observed, the more difficult the management gets. An optimization solution helps to monitor all aspects of cross-function planning and to utilize the resulting market opportunities in optimal fashion. Brief description BoFiT Optimization is an instrument which maps your generation or trading portfolio into a mathematical model. Based on this model optimization tasks can be formulated and calculated for the various business processes. On the one hand, it allows investment planning, on the other hand, trading flexibilities can be optimized at short notice vis-à-vis current markets. Market channel optimization is possible, as is the evaluation of contracts or recalculation of portfolio performance. The model is created graphically, and no specialized mathematical...
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Forecasts in the energy sector With the transformation of the energy system and the expansion of renewable energy, it is becoming increasingly important to be able to estimate reliably the constraints of portfolio management. Customers’ needs regarding heat or gas and the expected volume of power generated from proprietary wind or PV installations must be forecasted. In addition, the price expectations in the various markets must be calculated in advance using suitable methods so as to make the right decisions in the right market channel. Brief description of BoFiT Forecast BoFiT Forecast allows you to create forecast models for any application and to implement them in your processes. Forecasts are fully integrated in time series management and in the runtime environment. In addition to simple profile procedures (standard load profiles, temperature-dependent load profiles, user-defined profiles) load profile extrapolation, regression procedures, artificial neural networks and...
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Why intraday trading? The expansion of renewable energy has caused greater uncertainty resulting from inaccurate forecasts and volatile prices. With intraday trading of flexibilities you can take on these challenges and generate additional profits. To do so, you need an overview over the current situation in the market and open positions as well as a tool to send bids to the exchange in seconds. Short description of ITA ITA is an instrument that shows you the opportunities and risks of trading and smooths the way to successful intraday trading. It contains short-term intraday trading processes in one system with a seamless connection to upstream and downstream systems. You will be able to trade via the exchange interface and register bilateral deals. Coupled with portfolio optimization, it updates trading options and schedule calculations on a permanent basis. You can check the status of your generation units on the different screens and track current activity in the...
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Where can I get ITA mobile? ITA mobile is available for iPhone and iPad in the App Store and for Android in the Play Store. The Android version is supported by advertising, but can be used free of charge in the basic version. What is included in the basic version? The basic version contains an overview of available contracts, traded volumes, prices and open orders at the intraday market of EPEX SPOT. All data is updated every half hour. How do I use ITA mobile? The usage of mobile ITA is explained when you start it for the first time. The instructions can be reopened under “Settings” using “Introduction” at any time. Can I trade power with ITA mobile? With ITA mobile you can follow the market trends and events at intraday power exchanges, but actual trading is not possible. The data is updated only every now and then. The data of the basic version is updated every 30 minutes. For receiving live data a data stream subscription is necessary. Furthermore an internet connection...
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Know your market – Successful Intraday trading based on fundamental market information As a supplement to the ITA and ITA mobile trading solutions, ProCom introduces the Intraday Market Fundamentals for the German power market. Get a clear understanding of the current market situation quickly. Evaluate the actual intraday price level with the help of relevant fundamental data. Identify the current market situation faster than others do. Use the advantage of latest information to make the right decisions. Save yourself the troublesome effort of collecting current market data. ProCom gives you all the key market indicators on one screen. Price curves Weather Renewables Power plant failures Grid situation Subscribe to the market information service as an independent ITA screen or as a web application. Our license model starts with a base licence for municipal utilities which are only trading during office hours. Furthermore, we provide several options for 24/7 trading. It is a...
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Price Forecast EPEX SPOT Day-Ahead Auction (DE/AT Phelix) Our spot price forecast is calculated based on a multilevel and recursive KNN algorithm. The ProCom process starts by using influencing variables, based on the calendar, with the forecast of electricity consumption across Germany. Using this calculation and with consideration for wind and solar forecasts as well as peak and off-peak, we calculate the spot price forecast, accurate to the hour. Other relevant influencing variables include power station availability and fuel prices. An up-to-date price forecast is delivered daily at 5:30 am, 7:30 am, 10:15 am and 1:45 pm. The forecast horizon includes six days. Price Forecast EPEX Spot Day-Ahead Auction (DE/AT Phelix), 01.07.2018 10:49 Exemplary presentation of Price Forecast for the EPEX SPOT Day-Ahead Auction (Phelix) incl. prices of the auction results (delayed by one day). Price Forecast EPEX SPOT 15-Minute Call Auction The EPEX SPOT call auction for 15 minute...
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Quick and independant at energy markets! Energy Data Services by ProCom Managing energy portfolios efficiently requires creating and operating a special IT infra- structure. Companies with smaller portfolios or a smaller number of assets often balk at the investment. With EDS we can also support such companies in planning, marketing, forecasts and optimization. BoFIT and ITA software solutions are configured as separate clients in our data centers and are implemented to run in the relevant workflows on the basis of standardized planning processes, while adhering to the time frames dictated by the market. Our focus is on maximum data security and the reliable operation of cloud solutions. We look after the operational side and you get a best practice solution for your scenario. Economical: No need to install or operate IT infrastructure Flexible: No long-term contractual commitments to a provider or solution Fast: Short sign-up processes, immediate service provision...
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Energy markets are no longer growing, customers have become more discerning and willing to switch. Many competitors have already positioned themselves in terms of sales nationwide. In this environment, the demands on the calculation and quotation process have changed significantly. Quotations need to be created more quickly and efficiently. In calculations, differentiated versions must be calculated in real time with current market conditions and transparent sales margins. Greater operational efficiency along with more flexibility and customer orientation with attractive products and online services – these are the requirements that need to be implemented when optimising the calculation and quotation process. Intelligent distribution controlling Plan, analyse, and manage your controlling with en.View Controller. Bring together all decision-relevant information for distribution-related reporting in just one tool and provide all of the prepared data centrally to all of the systems...
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Most companies that use digital technologies rely on APIs (application programming interfaces). These companies are often faced with the strategic choice of purchasing or developing their API for various components of their business/projects. According to the RapidAPI Developer survey published in 2021, 93% of developers rely on commercially available APIs for their software development. The e-invoicing/EDI sector is a diverse and complex area. That's why we've chosen to lower the entry threshold by offering companies who want to invest in this space the choice of using a variety of services in the form of easy-to-access and easy-to-use APIs, rather than developing them themselves. The benefits are multiple: not reinventing the wheel and using the company's development resources to focus on its core business. APIs are deployed in the cloud. They are powerful, secure, flexible, scalable, and maintained transparently for the user and benefit from the latest innovations.
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eBDX Cloud provides you with a multitude of web services: communication, translation, validation, archiving, and audit. These web services, organized in Workflow, allow you to precisely meet your EDI specifications and achieve the desired solution. eBDX Cloud integrates all international norms and standards as well as all communication protocols defined in the "interoperability charter". Our services are based on Amazon Web Service ® (AWS), the leading provider of cloud services, thus ensuring a high level of security.
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All GemOne’s systems track your machines, process and provide all data thrgough complete and clear reports. Stay informed about your fleet's usage anytime. Quickly identify areas for enhancement.
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eBIn Cloud is an application (API) that encompasses several flexible services, designed and developed for the dematerialization, validation, verification, and securing of electronic invoices. A flexible configuration of the processing chains using these services (workflows) allows eBIn Cloud to adapt to multiple specifications.
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