Trusted by key players in the energy industry
Make optimal decisions
Until now, optimization under uncertainty meant sacrificing detail. Not anymore. QUASAR® easily solves stochastic programming problems with hundreds of stages, thousands of decisions variables, and millions of random outcomes.
QUASAR® empowers our clients to model decision problems and any risk factors involved as they are – and solve them at an unprecedented speed.
Stochastic Hydropower Asset Optimization
Austria’s largest electricity company, Verbund, leverages QUASAR® to simultaneously plan their vast network of hydropower plants - in hourly time resolution over multiple years.
Stochastic Optimization of Energy Procurement
Extensive backtests based on several years of historical data of EEX and TTF futures indicate a substantial monetary value of using QUASAR® to model forward buying decisions for a large industrial company.
Stochastic Portfolio Optimization
Power traders can use QUASAR® to calculate an optimal hedge plan that accounts for weekly, monthly, quarterly, and yearly futures contracts as well as the market impact of trading them.
How can I use QUASAR®?
Whether you are an analyst, data scientist, or operations research engineer: use QUASAR® to build your own models or select a model from our repository. Then deploy everything as stand-alone web applications via QUASAR® Cloud.
QUASAR® API: for engineers
Access the world's fastest and most scalable multistage stochastic programming solver from your favourite workbench. Language bindings for Java, Matlab, Python, Scala. Option to rapidly deploy models to QUASAR® Cloud.
QUASAR® Cloud: for end users
Stand-alone Web Applications
built on QUASAR®
Skip the dev process and control QUASAR® models from the comfort of your web browser. Manage input data, launch optimization runs, visualize results, and share reports across your organization.
QUASAR® Optimization Library
The world's most advanced solver for multistage stochastic programming
What our clients say
E-World Energy & Water 2022 – we'll be there!
Jun 21–23, 2022 | Essen, Germany
Get in touch with us now to schedule a meeting at E-World!
The QUASAR optimization software finally makes stochastic programming available for a wider audience. Check out the example in this post to see for yourself, just how easy it is.
Check out our interactive example notebooks in Google Colab to find out just how simple it is to solve multistage stochastic programming problems with QUASAR®!