BoFiT Forecast – Flexible in Use for Various Tasks

Developing new business models with ProCom software Aachen, Germany, 2 July 2019 – Stadtwerke Saarbrücken GmbH is a good example of how smart software can be used flexibly in the energy sector: As a long-time user of the two ProCom solutions BoFiT Optimization (operational planning) and BoFiT Forecast, the portfolio management team of Stadtwerke is well versed in using software and created a new business model with ProCom’s software: Stadtwerke Saarbrücken offers small and medium-sized distribution network operators forecasting for the differential time series. A forecast model in BoFiT is used to more accurately predict deviations from the standard load profile. This makes it easier to offset the balance group, which in turn lowers the management costs thanks to the reduction in balancing energy. “Typically, our customised solutions for differential energy forecasting save 1-2 euros per standard load profile metering point annually”, Martin Germann, Head of Portfolio Management at Stadtwerke Saarbrücken reports. He also added that the service is risk-free for customers. “We only charge a service fee if we achieve demonstrable savings based on an agreed quota.” The service is made possible by the broad range of mathematical models for different tasks offered by BoFiT Forecast. In addition to… continue reading

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Source: CTRM Center

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