Kraftwerkseinsatzplanung

Our stochastic optimization system for evaluating and planning the deployment of thermal generation portfolios is continuously developed in cooperation with users. Therefore, we understand your challenges and have a targeted and comprehensive solution ready for you:
It integrates the appropriate modeling of future uncertainties with the modeling of all technical, contractual, and market-specific characteristics of thermal power plants, fuel contracts, and energy markets.

Our solution

• Optimization of day-ahead deployment planning
• Joint optimization of your fuel supply contracts, gas storage, coal storage, fuel markets and emission certificate markets.
• Optimization of bid generation for balancing energy markets with turbine-specific reserve optimization for realistically achievable balancing energy obligations. More information under  Balancing Energy Bid Optimization.
• Special focus on short processing times for greater flexibility
• Joint optimization of their upstream fuel logistics

Your advantages with stochastic optimization

The real option value for power plants without fuel limitations and without restrictions on start-up and shutdown can also be determined using Monte Carlo simulation methods. However, for generation capacities subject to such restrictions, scenario tree-based optimization methods must be applied.

• Determining shadow prices for your limited resources with time-integral restrictions, such as power plant starts, fuel take-or-pay quantities, storage limits, etc.
• Long-term futures trading of your portfolio with risk-adjusted CVaR portfolio management.
• Determining your profit distribution, Value-at-Risk and other risk indicators
• Inclusion of power plant outages
• Delta hedging of thermal power plants. For more details, see  Delta Hedging.