Energie Wasser Bern (“ewb”), the city utility of the Swiss capital Bern, has chosen the Previse Coral ETRM platform to support its ambitions in the field of energy trading!
Faced by the profound change the energy sector has been undergoing for years, ewb recognised the central role played by technology in exploiting opportunities and managing risks. When embarking on the process to select a new core ETRM solution, the main aim was to put a tool in place that would allow to flexibly adapt to constantly changing market conditions and related requirements arising from the business. High standards of performance, IT security and user-friendliness were expected to be met, and equally easy integration into the existing energy trading system landscape.
As a result of a thorough evaluation, ewb established that Previse Coral performed significantly better than other products with regards to functional and technical system criteria, as well as capabilities of adaptation to current requirements as well as co-development in areas important to ewb. Also, the software was convincing in terms of user-friendliness.
Previse Coral will be deployed at ewb to comprehensively manage trading operations in electricity, natural gas, renewables and CO2 emissions. The scope of the implementation includes contributions by Previse Systems’ partners: e·Flow, the nomination and scheduling tool e·Opt Solutions, multiple interfaces delivered by Lead Consult and an automatic balancing App from Sparkspire.
”With Previse Coral, we see great potential to improve our processes in energy trading and portfolio management”, said Marc Maurer, application manager at ewb. “We are convinced that it is the modern software architecture and openness of the platform will greatly contribute to making our system landscape future-proof .”
“At Previse Systems, we are very excited about having been chosen by Energie Wasser Bern”, Marc Zumstein, head of sales at Previse Systems, said.
“It underlines the advantages our technology offers in today’s energy trading – adaptability and performance, together with easy connectivity and a high degree of intuitive usability. We are equally thrilled about welcoming our first customer in Switzerland, our “home” jurisdiction.
We look forward to the collaboration and a successful long-term partnership to support the continuing success of ewb!”
About Energie Wasser Bern
Energie Wasser Bern is the electricity, water, natural gas, waste recycling and heat supply company of the city of Bern in Switzerland. The activities of ewb mainly include the areas of electricity supply, water supply, natural gas supply, district heating supply, offers in the field of mobility (driving with natural gas and electromobility), the construction of the Bern fiber optic network and waste recycling.
As an electricity supplier, ewb supplies 70’000 private households in the city of Bern as well as 8’000 small and medium-sized companies and 100 large customers in the area of Bern with a total of about 1’000 GWh of electricity per year. Of a total of about 1’500 GWh of electricity generation from own assets and attributed from co-owned assets, 60% originate from renewable sources.
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.