
Meet Quantego at E-world energy & water 2023!
Meet the Quantego team at our exhibition booth 5-047 in the innovation area (Hall 5) and get your individual demo of QUASAR® and our latest optimization solutions for energy storage and energy trading.
The world's fastest and most scalable multistage stochastic programming solver.
QUASAR® SolverSoftware for storage optimization and energy trading built on QUASAR®
QUASAR® CloudUntil 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.
Austria’s largest electricity company, Verbund, leverages QUASAR® to simultaneously plan their vast network of hydropower plants - in hourly time resolution over multiple years.
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.
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.
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.
Mathematical Workbench
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.
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.
The world's most advanced solver for multistage stochastic programming
BASF trades excess power supply on energy markets at different production sites across Europe. QUASAR/hegde provides our buyers with daily hedging targets and an outlook on the right mix between futures, forward products, and spot.
The sheer size of our reservoir makes it necessary that our hydropower storage assets must be managed over the medium term, when there is still significant uncertainty about future hydrologic inflows and power prices. Our asset management therefore clearly benefits from stochastic modeling, but only with QUASAR, we are able to solve the stochastic optimization problem in hourly time steps over a three-year planning horizon.
The business environment of energy utilities and energy traders is changing constantly, which makes dealing with uncertainty a daily challenge. To cope with this change, flexible and user-friendly tools are required. QUASAR’s Jupyter integration combines productivity, flexibility, and usability in one tool, which makes it a pleasure to prototype and analyze models for everyday’s work tasks.
May 23–25, 2023 | Essen, Germany
Meet the Quantego team at our exhibition booth 5-047 in the innovation area (Hall 5) and get your individual demo of QUASAR® and our latest optimization solutions for energy storage and energy trading.
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. In a previous post, we have used our Python interface. In this example, we call our Java API from Scala.