Optimisation of Gas

BelVis Hedge Gas

Optimisation of Gas Procurement and Storage

Optimisation of procurement contracts and storage is a must when it comes to serious gas portfolio management, due to the complexity of the energy volume conditions, tiers, performance prices and index-based energy rate determinations. Software support is essential, because manual estimation and editing of gas procurement schedules with many complex individual contracts often leads to violations of certain contractual restrictions, and because additionally exceeding own power or volume conditions can become extremely cost intensive. BelVis Hedge Gas is the tool for gas procurement optimisation, which allows you to efficiently and effectively make decisions for the optimal usage of gas supplies, and which is completely integrated into the BelVis product family.

The desired result – in a hurry

BelVis Hedge Gas optimises gas procurement and storage; the optimisation
results are available as time series and are displayed
clearly in BelVis. An example of the speed offered by
BelVis Hedge Gas: the optimisation of one year at 1h grid resolution
can be carried out for 3-4 complex contracts within around
2 minutes.

Maximum functionality with minimum effort

  • The special conditions of the entry-exit model for gas balancing group management take complex procurement contracts and storage conditions into consideration, as well as the ubiquitous application boundary conditions associated with gas storage.
  • The speed offered: the optimisation of one year at 1h grid resolution can be carried out for 3-4 complex contracts within around 2 minutes.
  • The system may be operated completely from within BelVis PFM GAS: simply drag and drop
  • A price time series for the evaluation of a short or long position may also be selected

Contact
Christoph Josephs
Christoph Josephs
+49 2408 9385-208
 
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