- December 2022
The energy trading company ane.energy, based in northern Germany, has chosen the Previse Coral ETRM platform as the core application to support trading activities and ensure robust infrastructure scalability for future growth.
ane.energy – the only direct marketer of German wind power entirely owned by electricity producers – is renowned for its out-of-the-box thinking, innovative product ideas and high affinity for efficient digitalisation.
Previse Coral will be initially deployed to comprehensively manage ane.energy’s portfolio of long-term power purchase agreement (PPAs). In a next step, the plan is also to migrate short-term power trading as well as the guarantees of origin (GoO) portfolio into the system.
ane.energy sees the open App Framework / SDK as an important differentiator that will facilitate the swift deployment of proprietary functional elements – in a first step, it is planned to adjust existing interfaces as connectors to Previse Coral in the form of Apps.
”The last two years we have seen a rapidly growing demand of our green long and mid-term PPAs, both physical and financial, in the market”, said Ralf Höper, managing director at ane.energy. “Hence, we decided to establish an ETRM system that fulfils our ambitious needs in managing the embedded risks and gain additional portfolio value from actively optimising the dynamic hedging-positions.
We are confident that the Previse Coral tech stack in combination with the flexible infrastructure is the best fundament to support our future activities.”
“I am very proud of another innovative and technology-driven company with a strong focus on renewable energy choosing Previse Systems”, Asbjørn Hansen, Managing Director at Previse Systems, said.
“The ane.energy team has an agile and dynamic mindset very similar to our own, and I am sure our partnership will help facilitate the green energy transition. Being able to accurately model renewable assets, manage GoO and PPA contracts and at the same time provide scalable solutions for high frequency trading are all key elements for ane.energy – and core competencies of our software.
We look forward to the collaboration and to becoming a supporting element for the continuing success of ane.energy!”
A network for renewables – free, independent and really green – that was the founding idea of ane.energy. We have made plant operators shareholders and have integrated wind, photovoltaics and biomass from all over Germany into our portfolio. This made us the last independent direct marketer.
We have remained true to our founding idea – independent and green. We are committed to the marketability of renewable energies and think out of the box. This makes us innovative, fast and digital – without neglecting coffee together or having fun at work.
We like to cooperate: with shareholders, operators and in projects with small companies as well as with the top dogs in the industry. We keep the goal in mind: efficient, sustainable energy production and marketing.
About Previse Systems
At Previse Systems, we fundamentally reshape the way Energy Trading and Risk Management (ETRM) software is designed, implemented and operated. We offer a highly performant SaaS solution for European electricity, natural gas and certificates trading – combining modern software architecture with the latest available tools and technology.
As a conceptual innovation, we build on the notion of “community”, with an infrastructure for energy companies to leverage synergies through collaboration in the IT domain. The goal of this is simple: better software, faster and at lower cost. We create software without any legacy burden. Our data structure follows accepted market standards, which drives easy and fast data migrations, and is also a core factor of strong system performance.
With Previse Systems, energy companies are well equipped to master the challenges of a fast-evolving environment.