The former PSI Büsing und Buchwald GmbH, a wholly-owned subsidiary of PSI AG since 2002, will be acting on the market with the new name PSI Energy Markets GmbH. With that, PSI emphasises the clear focus on integrated solutions for the support of all the trading, sales and planning processes in the liberalised energy market. The core business includes the implementation and further development of energy-business solutions on the basis of the own standard product PSImarket and consulting in this context. PSI Energy Markets is also currently working on essential components for an information and control system for producers, providers and customers within the intelligent energy networks of the future (“Smart Grids”) as part of a consortium of research institutions and industrial companies in the e-Energy research project “Smart Watts”.

The components Smart Forecasting, Smart Balancing, Smart Accounting and Smart Information and Advice being developed by PSI Energy Markets in the sub-project Smart Portfolio Management allow the cross-portfolio optimisation of the generation from renewable and conventional energy sources and possible energy trading transactions, taking into consideration the suggestibility of the end-user consumption by the currently determined energy prices. The tasks assumed by PSI Energy Markets within the Smart Watts project consist of the improved prognoses of energy production from renewable sources and the price sensitivity of the consumer behaviour, the invoicing for the complex variable rates existing in this environment and the individual consumption as well as timely information for the participants.
(www.smartwatts.de).

The integrated system PSImarket supports the participants in the liberalized energy market with all the functions beginning with planning, trading, sales and portfolio and risk management for electrical energy, gas and commodities and derivates needed in this connection.

With PSI Energy Markets GmbH and the most technologically advanced control systems for electrical and gas networks, PSI is banking on increasingly profitable growth in the future market “Smart Grids“.

PSI AG develops and integrates complete solutions, on the basis of its own software products, for the management of energy networks (electricity, gas, oil, heat, water), cross-company production management (metals, automotive, mechanical and plant engineering, logistics) and infrastructure management for telecommunications, transport and safety. PSI was founded in 1969 and employs 1,400 persons in the group.