Case Study e-regio Optimizes Energy Industry Processes With PSImarket

Efficiency increases through comprehensive portfolio management system.

Industry: Energy Trading
Customer: e-regio GmbH & Co. KG

e-regio Optimizes Energy Industry Processes With PSImarket

The changing demands on energy supply companies are diverse and require comprehensive consideration of numerous aspects, in particular due to the expansion of renewable energies. In order to meet these challenges in procurement and supply, companies must constantly review their workflows and organize them as efficiently as possible.

Thanks to the implementation of the energy portfolio management system PSImarket, the efficiency will be significantly increased, as the system offers extensive functions for handling energy industry processes and thus provides the company with decisive competitive advantages.

About the customer

e-regio is a regional energy company based in Euskirchen and Kall. The company has developed from a pure gas, electricity and water supplier to a diverse and modern energy service provider. e-regio is driving the energy and heating transition between the Rhine and the Eifel region, selling regional electricity from renewable sources as well as natural gas, building and operating wind and solar parks, and developing heating and mobility solutions. The goal is to supply the region with 100 percent green electricity by 2035 and with climate-neutral heat by 2040.

72,000 households

supplied with natural gas

51,000 customers

provided with electricity

100,000 residents

receive high-quality water

Challenges

Due to the increasing volatility of prices in short-term electricity trading and the increased importance of production forecasts for renewable energies, the company's management decided to replace the existing solution with a modern energy portfolio management system.

Objectives

The specific objective is to build an integrated portfolio management system that meets the specific requirements of e-regio, in particular EDM functionalities. e-regio wants to optimize processes and have a full-fledged system with comprehensive support, seamless updates and more automation, as well as the inclusion of best practices in the system landscape.

Solution approach

PSI offers e-regio a cloud-based SaaS solution that is tailored to the daily work processes in a cloud infrastructure and ensures technical operation and continuous updates. It is integrated into the existing software landscape via interfaces. The necessary support and maintenance of the system are ensured by a service contract.

The PSImarket portfolio management system will be implemented in the existing system landscape in 2024 to map time series, portfolio and energy data management processes. It reduces procurement costs and enables a flexible response to market developments. With PSImarket, e-regio has a system with excellent integration capabilities, high adaptability and flexible expandability.

Result

Thanks to the very customer-oriented and cooperative partnership between e-regio and PSI, the project is being implemented quickly and comprehensively. The powerful and scalable solution PSImarket enables our customer to manage its entire portfolio easily and clearly and to cover the very dynamic requirements of energy trading in the long term in order to achieve robust results.

The implementation of the system brings e-regio significant advantages:

Optimization of trading processes
High adaptability and performance
Automation of business processes
Precise forecasts and market evaluations
Improvement of risk management capabilities
Extended analysis functions
Significant time and cost savings