PROCOM GMBH

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...

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...

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...

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...