
Trusted by key players in the energy industry
Make optimal decisions
under uncertainty
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

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.
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
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.
Advanced Analytics in Global Procurement at BASF SE, Germany
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.
Portfolio Management at VERBUND Trading, Austria
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.
Research and Analysis at Energieallianz, Austria
Quantego Blog
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Meet Quantego at E-world energy & water 2023!
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.
