Cloud-based SaaS solution PSImarket supports energy management processes

Berlin, July 1, June 2024 - PSI Energy Markets GmbH has been commissioned by e-regio GmbH & Co. KG with the implementation of the energy portfolio management system PSImarket. It will focus on time series, portfolio and energy data management. Comprehensive functions will mostly replace manual processes and workarounds.

PSImarket as a Software-as-a-Service-solution. PSI

Because of the changing demands in energy trading, the increasing importance of renewable energies as well as new strategic requirements, the energy service provider e-regio decided to replace the existing application. Due to the increased trading volume, the high system performance of PSImarket and the introduction and related sales of new "green" products were decisive factors. Thanks to the comprehensive connection of third-party systems via interfaces, PSImarket will become an integral part of the process landscape at e-regio.

The powerful and highly scalable ETRM system PSImarket contains extensive functions for handling energy management processes. In addition, the high level of adaptability and an intuitive interface in a high-performance system landscape offer investment security for future challenges in energy trading.

As a cloud-based SaaS solution, PSI will also provide the cloud infrastructure, take over the technical operation and guarantee the implementation of updates. This approach enables faster implementation of the system and secure data exchange.

e-regio is a modern energy service provider based in Euskirchen and Kall with around 450 employees. The company is driving forward the energy and heating transition in the region between the Rhine and Eifel, distributes regional electricity from renewable sources and natural gas, builds and operates wind and solar parks and develops heating and mobility solutions.

The PSI Group develops software products for optimizing the flow of energy and materials for utilities and industry. As an independent software producer with more than 2,300 employees, PSI has been a technology leader since 1969 for process control systems that ensure sustainable energy supply, mobility and production by combining AI methods with industrially proven optimization methods. The innovative industry products can be operated on-premises or in the cloud.

Press Contact

Related News

Industrial AI Power Grids and Sector Coupling Gas Grids and Pipelines Energy Trading PSI Showcases Energy Management Software Solutions at the E-world 2024

The PSI Group will be presenting from February 20 to 22, 2024 at the E-world energy & water in Essen (hall 3, booth B121) comprehensive software solutions for the energy industry. Featured will be new and enhanced functions as well as AI-based applications for energy trading and risk assessment, gas transportation, automated network management and…

Energy Trading Stadtwerke München rely on PSImarket for Automated Billing at Charging Stations

Stadtwerke München (SWM) have awarded PSI Energy Markets GmbH with the implementation of the flexible software solution PSImarket. Based on this solution, the billing processes at the charging stations as well as all aspects of electro mobility will be automated in the future.

Energy Trading Siemens Energy and PSI explore cooperation in the energy market

Siemens Energy and PSI Software AG have entered into in-depth discussions to analyze various options for a partnership in control systems for electrical grids and interconnected networks both technically and economically. Siemens Energy's international presence ideally complements PSI's technological competence in the field of network control…