PSI Supplies New Energy Trading System for N-ERGIE

Standardisation of processes for all relevant goods such as electricity and gas

Berlin, 28 March 2011 – PSI subsidiary Energy Markets GmbH has successfully implemented a new portfolio management system for energy trading at the energy supplier N-ERGIE. This replaces the previously existing individual solutions with a centralised system. With the new system landscape a standardisation of the processes will be provided for all the relevant goods such as electricity and gas by means of introducing an audit-compliant trading and optimisation system.

As early as the evaluation phase for the tendering process, it became apparent that with the energy trading system PSImarket and the planning and optimisation functionality, PSI had the optimal solution for N-ERGIE. Following an intensive and detailed concept phase in which the implementation of processes in the systems and relevant interfaces were specified, the data migration and a subsequent parallel operation with the old system could be initiated after only a short period.

The introduction project for the system standards, including the implementation of some system extensions was completed on time and is currently being concluded with the acceptance of the overall system in a configuration for the support of the energy trading including the contracting, portfolio and risk management modules as well as gas planning and optimisation.

Dieter Seitz, Head of Energy Business at N-ERGIE says, “With our new system solution from PSI, we are in the position to manage the procurement portfolios comprehensively and efficiently. Since then N-ERGIE has been able to reproduce all the processes in energy procurement transparently and in compliance with audit requirements.” The N-ERGIE Aktiengesellschaft, headquartered in Nuremburg, is a nation-wide energy supplier and one of the leading regional suppliers in Germany.

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, mining, logistics) and infrastructure management for transport and safety. PSI was founded in 1969 and employs 1,400 persons in the group.