The company Time-steps AG develops and offers an optimization platform called TS-Energy, specifically designed for the energy industry. The core activity of the company is to support energy companies in optimizing their energy portfolio by generating optimal operating strategies for power plant operation and trading. This includes the evaluation, risk analysis, hedging and scheduling of all assets in the portfolio, with the goal of maximizing expected returns.
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Optimization platform for energy portfolios, power plant operation and trading; valuation, risk analysis, hedging, asset scheduling and stochastic dynamic programming.
Optimization of pumped-storage power plants
Optimal operating strategies for pumped-storage power plants; detailed modelling of storage basins, generators, pumps and inflows as well as assessments and risk analyses.
Optimization of thermal power plants
Detailed modelling of thermal power plants to optimise operating modes, bids and revenues, taking into account start-up times, run times and efficiency curves.
Trading support
Pricing discovery and risk analysis for energy contracts; marginal price calculation for day-ahead and intraday trading as well as valuation of portfolios, system services and hedging.
Intraday support
Ongoing update of schedules, calculation of trading positions and available capacities, automatic bid calculation as well as manual and automated intraday trading.
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