Fundamental Model Power2Sim
Your simulation software for quick market opinion formation
With the fundamental model Power2Sim, you quickly form an opinion on the wholesale electricity market. To use Power2Sim, you only need market knowledge – no modelling skills. Enter your power price scenario and assumptions into the simulation software and calculate electricity market results in no time. A powerful and intuitive tool for forecasting power prices.
With the help of Power2Sim, you can model numerous scenarios, depending on your specific questions and parameters. Create different short-, medium- or long-term forecasts and evaluate the effects of market movements.
The results make it easier for you to set the right strategic course. The calculations show you the scope for action for your electricity procurement or investments at an early stage. With Power2Sim, for example, you can see to what extent the use of power plants can be optimised based on the development of power prices. Alternatively, you can use the power price forecasts to make informed decisions about optimising your procurement. These evaluations make your business success more sustainable overall.
- short, automatable calculation times with hourly precision up to 2060
- data security and transparency
- local installation instead of cloud solution
- customisable from the user interface to the Excel interface
- easy handling and extensive customer support
- exchange via a protected customer forum
- numerous visualisations and graphic input tools
Related to this: Energy market data
You want to feed your energy market model with data? We supply specific energy market data on request.