oekostrom AG, a leading Austrian provider of sustainable energy solutions, has chosen Previse Coral as its portfolio management platform to enhance operational efficiency and optimize its energy portfolio. This strategic decision underscores oekostrom AG’s commitment to innovation and excellence in managing renewable energy resources, ensuring reliable and sustainable energy delivery to its customers.
oekostrom AG has recently experienced significant growth in the marketing of renewable energy, in addition to pursuing opportunities in trading and flex-marketing. The scaling of the trading business requires an organizational and technological evolution for a flexible, efficient, and digitized operating model.
The initial phase of the project is set to be completed by summer 2025. The project encompasses a wide range of instruments, from intraday and day-ahead power to power futures and PPAs. A key factor in oekostrom AG’s decision to select Previse Coral was its ability to handle all these products within a single solution, while also enhancing automation and ensuring seamless integration.
“The collaboration with Previse Systems AG marks a decisive milestone for oekostrom AG in the further development of modern energy trading with 100% clean electricity. This innovative solution enables us to open up new perspectives through digitalization, providing flexibility to further strengthen our vision of a clean energy future.”
– Maximilian Kloess, Managing Director at oekostrom AG
“Promoting renewable energy has been our priority since day one, and we are excited to welcome oekostrom AG to our customer base. We admire their dedication to a sustainable future and believe this partnership will advance that mission. We look forward to implementing our platform to modernise and automate trade workflows, allowing oekostrom to optimize their renewable energy portfolio”
– Asbjørn Hansen, CEO, Previse Systems
About oekostrom AG
oekostrom AG is a pioneering Austrian energy company dedicated to delivering 100% renewable and sustain-able energy solutions. Established with a mission to drive the energy transition, oekostrom AG focuses on providing clean electricity sourced from wind, solar, and hydropower to households and businesses. As a trail-blazer in the renewable energy sector, the company is committed to environmental stewardship, innovation, and transparency, making it a trusted partner in advancing a greener future.
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.