Basel-based IWB is taking the PSI energy optimisation platform into operation

TS-Energy for the management of hydroelectric power plants and gas procurement contracts

Berlin, 19 May 2017 –The Basel-based energy supply company IWB is aiming for full supply from renewable sources in the long term. With intelligent products and services, IWB harmonises production and consumption. For this purpose, the company is relying on the energy optimisation platform TS-Energy of the Swiss PSI subsidiary Time-steps AG, which IWB is now putting into operation.

IWB has decided in favour of Time-steps in a corresponding invitation to tender. In addition to supplying the optimisation platform TS-Energy, the contract also includes services for the commissioning of the entire system as well as a modelling of the power plant and gas procurement portfolio. Currently the system is in the productive testing phase.

With the use of TS-Energy, IWB is using a well-established system to ensure the operational management of hydroelectric power plants, the management of gas procurement contracts and the optimisation of the entire energy procurement portfolio in the long term.

On the basis of its own software products, PSI AG develops and integrates complete solutions for energy management (energy networks, energy trading), production management (mining, metals, automotive, mechanical engineering, logistics) and infrastructure management for transport and safety. PSI was founded in 1969 and employs more than 1,600 persons worldwide.