procurement
management (
energydisposition,
from simple registration and handling of an increasing number of
procurement flows
including
risk
management (including complex risk and
Energy Trading
risk
management – taking into account all general conditions and time horizons ranging from a few hours to several years. This facilitates ongoing operations and spot trade as well as medium- and long-term planning and
contract
management, trading on
Times series and
risk
management analysis).
energy system – thermal, hydro-thermal, or combination systems. The planning horizons range from the immediate future for operations management to several years. In addition to classical
risk management, maintenance planning, stability and sensitivity analyses may also be carried out.
procurement management of a company.iPLAN is a strategic planning and analysis application for medium- and long-term optimization. In addition to creating models for system changes and investment analyses, it allows you to quantify the effects of general political conditions, to analyze externalities, in particular environmental effects, and to optimize the allocation of scarce resources.
iOPT_TRADE includes
contract registration and handling in different markets (spot market, OTC,
power
exchange). Integrated interfaces to information services and
power exchanges permit prompt and secure trading, fully supported by a powerful portfolio and
risk
management system with a complete array of analytical and simulation tools for evaluation. Back-office and
schedule
management functions prepare and provide any necessary reports in accordance with international standards (e.g. MS Office) and applicable regulations (e.g. DVG, APCS, ESS).
The energy world has undergone complex changes. Globalization, liberalization and climate protection have created a new dimension of complexity in the already highly interlinked energy sector. The systemic and systematic analysis of quantified opportunities and risks in the liberalized energy market have become the indispensable basis for decisions. By supporting the systemic decision process, quantifying the effects of the available opportunities, analyzing the interdependencies with the existing system, and checking the restrictions, iPLAN determines a rational basis for decisions.
For calculations iPLAN uses the MESSAGE Program developed by the Laxenburg-based International Institute for Applied Systems Analysis (IIASA).
System optimization, liberalization, IT and energy trading.
The new general conditions in the
energy
sector: Isolated optimization efforts
have become a thing of the past due to the liberalization of energy markets,
the increasing energy demand and delays in
power plant projects, the tide in
globalization and heightened environmental awareness. We face an increasing
demand for integrated solutions which also take into account the energy, technological,
and political factors and which are supported by up-to-date information technology.
IRM Consulting&Services is both a method and a tool. For this approach, a number of computer-aided tools have been developed which basically depict the objects as a mathematical model with its technological and economic characteristics. The method and the model core are the same for all projects; customizing and consulting, however, are completely different for each project.