We build competitive Energy Market Simulations

We build competitive Energy Market Simulations

Market simulations enable us to explore scenarios for the energy markets of the future. We’re sure they will be highly complex, interconnected social systems in which participants constantly compete, adapt, and learn from each other.

Electronic trading and communication systems have already speeded up these processes dramatically, and have increased the amount of information factored into every decision.

At the same time, exciting new technologies have led to more decentralisation. Small-scale energy production and e-mobility have led the way. The energy business responds in real time – and this presents a challenge to practitioners, policy makers, and energy market researchers. Their traditionally static methods for analysing markets and making decisions fall short in this situation, but our simulations enable us to model the kind of market conditions – and the enormous amount of information – that the energy revolution will bring. We’re finding out:

  • Are the markets’ economic signals strong enough to align consumption and production in real time?
  • How can energy portfolios be balanced when the proportion of energy from intermittent renewables increases?
  • How can the industry evaluate pricing strategies and competitor’s responses?
  • What will be the impact of smart metering, dynamic pricing, and controllable capacities?