Forecasting and Optimisation

Forecasts and optimisation are central issues in the context of energy system transition.

Market success is becoming increasingly complex, as the overall objective has shifted towards resource conservation and sustainability, while still requiring reliable generation and supply across all energy market sectors and keeping costs down, while generating as much profit as possible. The key: optimising the operation of conventional power plants, renewable energy generation systems, and generation parks.

There is optimisation potential in any energy system.

Our forecasting and optimisation solution delivers viable deployment proposals for energy management. All framework conditions, including government regulations, markets, prices, contractual restrictions, and technical limitations are taken into consideration to create optimised plant operation schedules, and trade and storage management proposals.

Our forecasting and optimisation solutions excel in all areas of energy generation, procurement, storage, supply and distribution:

• Conventional power plants
• District heat generation, distribution networks and storage facilities
  (fossil gas, LNG, biogas, hydrogen)
• Industry (energy supply to production plants, material flow for production)
• Hydropower plants and storage facilities
• Virtual power plants
• Cross-references for sector coupling
• EE generation, transport, conversion (hydrogen, e-fuels …), storage
• Battery optimisation (e.g. on generation parks)

Our solutions handle short-term, medium-term and long-term planning, as well as assessments of expansion and new construction plans in the electricity, heat and transport sectors, taking into account relevant cross-references options.

Battery storage at generation parks

A battery storage system at a solar or wind farm gives you the flexibility to market the electricity generated precisely when prices are high, instead of marketing it directly at the exact time of generation. Using the battery as skilfully and automatically as possible on several markets simultaneously generates additional revenue.

Our optimisation software supports you both in the strategic investment decision as to which battery is the right one and in the daily operating decision as to how best to use the storage system in order to achieve the highest possible revenues on the markets. In this way, our battery optimisation ensures that the electricity generated by the sun or wind is placed on the markets as profitably as possible.

Storage in complex energy systems with generators and consumers

All energy systems and portfolios in which surplus electricity can be temporarily stored in batteries have potential for optimisation (such as production systems in industry).

Our optimisation software shows the best operating modes for all storage systems, producers and consumers, e.g. with the aim of achieving the highest profit or the highest sustainability by using as much electricity from renewable energies as possible. The software calculates the optimum solution for the efficient operation of all assets from the integrated weather and price forecasts as well as from all legal, contractual and procedural boundary conditions of a system.

We are happy to analyse the potential of your system in advance for interested parties.

Typically, power plant deployment optimisation, portfolio and procurement optimisation, trading, resource and energy management, and virtual power plants are the applications with the highest optimisation potential. Our customers rely on our optimisation solution to:

• increase the value added from their own portfolio by way of higher contribution margins at lower costs
• increase operational efficiency through optimised maintenance planning
• make the best, safest and fastest decisions for operational management
• automate report generation, including important key performance indicators (KPIs)

Any participant in the liberalised energy market, be it operations planners, plant operators, traders, energy suppliers, municipal utilities, decision-makers in energy-intensive industries and other roles will benefit from using our forecasting and optimisation solutions.

Forecasts

Our forecasting solution has the mass data capabilities you need for the energy world of our future. It effortlessly calculates high numbers of forecasts (>10,000 per day).

Optimisation

An intuitive user interface and a host of preconfigured modules for energy generation and industrial plants, renewable energies, distribution networks and trade let you map the entire spectrum of energy management tasks. The result is then transposed into a mathematical model to calculate all technical and economic restrictions.

Process Automation

Optimisation and forecasting can be integrated into your processes in a time- or event-driven manner.

The complete software solution for forecasting and optimisation is available as SaaS from the certified KISTERScloud.

In other words: you don’t buy the actual software, but instead the right to use it online – all or just parts of it, with a specific number of users and over a specific period of time.

Additional SaaS options include backup service, monitoring, on-call service, update service and administrative support. The software runs in the certified KISTERS Data Centre in Aachen, Germany, and you access it via web browser over a secure connection.

The operation of your system as a KISTERScloud solution is easily set up, requires very little investment, and is available at low monthly leasing rates.

Of course, you can also choose an on-premises concept, which will integrate seamlessly into your ancillary processes and systems like trade and control systems.