Archive of the year 2017

Installation of the Kiel co-generation plant optimized with ProCom solution

05.12.2017

BoFiT optimization supports the commercialization of the new Kiel gas engine power plant in long-term and intraday power trading. The co-generation plant of Stadtwerke Kiel is under construction and will secure the district heating supply in Kiel after commissioning and make an important contribution to the energy transition and environmental protection. BoFiT, an IT solution …

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Digitization: essential for a successful energy transition and the basis for new business models

01.12.2017

Spirit of optimism in the ProCom Energy Market Days 2017.  At the “Energy Market Days” organized by the Aachen-based company ProCom GmbH on 29 and 30 November in Berlin, organizers and participants had one thing in common: Both want to actively shape the future of energy supply. The annual ProCom congress not only provided the …

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Keynote from e.GO at the ProCom Energy Market Days 2017

30.11.2017

e.GO Project Manager for Vehicle Development Keynote at the ProCom Energy Market Days 2017. Matthias Kreimeier from e.GO: “Use digitization to the advantage!” Industry 4.0 and the Internet of Things are still visionary – but they have become reality. For e.GO Mobile AG (Aachen), for example, consistent digitization of processes is a key factor for the …

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New Functions BoFiT 7.1 Optimization and ProCom Data Hub

27.11.2017

The new version BoFiT 7.1 offers more flexible and diverse optimization options. BoFiT 7.1 with the new optimization component for intraday trading is the perfect complement to the simultaneously provided ITA 2.7 and the new module for automated intraday trading. The ID trading component uses the detailed order books from the market connection to determine …

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40 Years ProCom – Generational change at the Aachen family business

22.11.2017

Family Scheidt transfers all Shares to Dr. Max Scheidt.  Dr. Max Scheidt, Managing Partner, now holds all shares in ProCom GmbH. Franz Scheidt founded the company 40 years ago; he handed over the management to his son in 2010 and then moved to the corporate advisory board. Since then Dr. Max Scheidt and Dr. Andreas …

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Only a few places are available at our upcoming free webinar!

14.11.2017

Title: „Will automated trading and blockchain replace the trader in the future?” December 12th 2017, 12:00 h – 12:45 h Register now: https://register.gotowebinar.com/register/1826672929534465537 Looking at power spot trading o   Talking about liquidity – comparison of the EU markets o   Influence of different trading intentions Automated intraday trading o   Factors affecting trading/market behaviour o   Auto-trading vs. …

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Visit ProCom at FLEXCON November 20-21, 2017 in Amsterdam

27.10.2017

ProCom will be partner of FLEXCON 2017 which is a new international conference that brings together parties who share the common goal to engage consumers in the flexible energy revolution. In the Flexible Energy Lab a wide range of Smart Energy technologies and services will be hostet. Learn more through the 40 workshops and inclusive …

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ITA mobile now also available for Android!

18.09.2017

Since this month ITA mobile is also available for Android and comes in a free basic version with advertising updated every 30 minutes. Live data subscription and advertising shutdown will soon be available as in-app purchases.

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New intraday trading modules from ProCom

11.09.2017

Optimise your intraday trading with the ITA AutoTrading module. Automated preparation of bids according to predefined strategies guarantees less work for traders and provides a high level of responsiveness in the short-term electricity business. The AutoTrading module lets you combine various pricing strategies and execution conditions chronologically. In doing so, quantities and items can be divided …

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Elering AS relies on ProCom’s forecast solution

07.09.2017

Forecast of gas load and electric network losses for Estonian’s transmission system operator. The Estonian transmission network operator Elering has been using ProCom BoFiT for the past five years to forecast the electrical network load across Estonia and its regions. End of 2016, ProCom got the order to extend the BoFiT system to predict gas …

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ProCom Energy Market Conference on 29 and 30 November 2017 in Berlin

10.08.2017

Making the most of digitalisation. Data and information make business life dynamic and more fast-paced – and also offer opportunities. Many questions need to be answered to make the most of these. What does digitalisation bring to the energy sector? What are the possibilities in an increasingly fragmented market with its many options? What are …

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Mainz and Wiesbaden Power Plants AG sells production capacity with ProCom solutions

31.07.2017

Mainz and Wiesbaden Power Plants AG (KMW) uses ProCom IT-products to improve its marketing capability for power generation capacities in the commercial market and to offer optimized secondary regulated power or minute reserves. The solution includes BoFiT optimization for planning deployment of generating plants, and ITA to support electricity trading. The two modules are designed …

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50Hertz optimizes forecasting processes for system management and marketing with ProCom solution

17.07.2017

As a complement to its proven network control technology, in Neuenhagen (Germany) transmission network operator 50Hertz is relying on “BoFiT Forecast” from ProCom. Since April of this year, this forecasting solution from the Aachen based software consultancy house has been delivering more reliable marketing of electricity from renewable sources and a more accurate basis for calculating the network loading.

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ProCom and Deloitte cooperate to provide services for power plant optimization

27.06.2017

From now on the global consulting company Deloitte and its offices in the Czech Republic and the Aachen-based company ProCom will be offering joint services for power plant optimization in the European Market. For operators of power plants, optimization means that their facilities can be used more economically and they as operators benefit from greater transparency over the operating status and financial success of their assets. The aim of optimization is to provide improved marketing of their flexibility in the long and medium-term electricity trading market or in the day-ahead and intra-day sector.

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Trading department of EnBW AG to use electricity price forecasting from ProCom

22.06.2017

The electricity price forecast service from consulting house ProCom GmbH supports the trading division of Energie Baden-Württemberg (EnBW) to provide reliable planning and marketing in day-ahead auctions on the EPEX SPOT. The electricity price forecast is based on a multistage algorithm, which uses artificial neural networks. Input variables used include electricity loading, wind and solar forecasts, plus daily schedules, power plant availability and fuel prices. The price forecasting performs to a high accuracy even in uncertain market situations. The EnBW uses a forecasting solution with a range of four days, which is updated three times per day. Alternatively, ProCom offers a six-day forecast as part of its market information services.

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ProCom at ETCSEE in Prague, 14-15 June 2017

11.05.2017

An inspiring ETCSEE event in Prague! The successful ETCSEE event covered the two hyped topics Blockchain and Auto/Algotrading. Besides this, the presentations offered important information about power spot exchanges and their future developments. The ETCSEE visitors showed interest in ProCom’s services and solutions regarding trading processes. We would like to thank all participants for lively and interesting discussions and conversations. The panel discussion about auto trading was very well attended and gave a profound insight into Auto/Algotrading today and in the future.

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ProCom with an expert lecture ”Power Spot Trading” in Dublin, Irland

20.02.2017

We would like to invite you to join us at the Brady I-SEM one-day workshop in Dublin, Ireland 6th April 2017 at the Ashling Hotel. ProCom CEEO expert Richard Plum will present insight knowledge focused on Intraday Trading Strategies, Fundamentals, Algo-Trading and Power Spot Trading. The seminar will give an opportunity for participants in the …

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enercity relies on power plant optimization from ProCom

06.02.2017

BoFiT Optimization shall increase flexibility and reduce production costs Aachen, February 6, 2017 – For the power plant deployment planning, enercity – Stadtwerke Hannover AG – is now working with a ProCom solution based on „BoFiT Optimization“. The standardized BoFiT software tool will replace individual software in order to achieve savings in IT maintenance. “BoFiT …

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ProCom extends their product range by taking over the Aachen-based IT company WP Consulting

03.02.2017

Company acquisition combines expert knowledge and IT-expertise related to energy trading and sales Aachen (Germany), February 4, 2017 – Effective February 15, 2017, the consulting company ProCom GmbH takes over the business of WP Consulting GmbH, which is specialized in B2B sales for the German energy market. The portfolio of the two companies in Aachen …

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Auto Trading Tool provides energy brokers with more leeway for strategic tasks

09.01.2017

Aachen (Germany), January 11, 2017 – Consulting firm ProCom GmbH has expanded its IT solution “ITA” with a module – the “Auto Trading” tool – that relieves energy brokers of routine work and gives them a greater capacity for strategic and conceptual tasks. ITA supports portfolio management and monitoring, provides an overview of current exchange …

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