What is Asset Optimization and how does it benefit my energy portfolio?

Asset Optimization uses advanced modeling, real-time data, and scenario analysis to improve the economic and operational performance of energy assets. It helps you make optimal dispatch, nomination, and trading decisions—maximizing returns while minimizing risk and inefficiencies. Portfolio Optimization and SENDOUT are software solutions within the Asset Optimization category.

How do Portfolio Optimization and SENDOUT work together?

Portfolio Optimization software focuses on power generation and trading strategies, while SENDOUT software specializes in gas supply planning and valuation. Together, they provide a unified solution for optimizing across electric and gas portfolios, from short-term dispatch to long-term infrastructure planning.

Can this solution help reduce imbalance penalties and improve compliance?

Yes. With automated dispatch scheduling and gas nominations, the software solution helps align operations with market and regulatory requirements, reducing imbalance charges and improving compliance with pipeline and ISO/RTO/Market Operator rules.

What types of scenarios can I simulate?

You can model a wide range of market, weather, and operational conditions—including price volatility, demand shifts, supply disruptions, and extreme weather events. This supports better risk management, contract evaluation, and investment planning.

What types of assets and time horizons does the software solution support?

It supports a broad range of asset types, including renewable energy such as solar and wind, battery energy storage systems (BESS), combined-cycle gas turbines (CCGTs), pumped hydro, combined heat and power (CHP), gas storage, gas pipeline contracts, and others. For time horizons, it delivers optimization results from hourly dispatch and nominations to long-term planning.

Asset Optimization Software Solution

Description

Designed for power and natural gas companies to improve operational efficiency, reduce costs, and enhance decision-making for commercial operations. It delivers real-time data, scenario modeling, and asset valuation across diverse power assets and natural gas supply portfolios.

Key highlights

Optimized portfolio of energy assets for scheduling, dispatch, and performance
Optimal decisions for operations, maintenance, market participation, and more
Integrated gas planning across scenarios
User-friendly, scalable simulations with flexible data integration

Product image for: Asset Optimization Software Solution

Software details
FAQ

Overview

Energy portfolio optimization software

Integrate real-time data, scenario modeling, and advanced analytics to support planning, dispatch, and asset valuations across a portfolio of diverse power, including generation and BESS, and natural gas assets. With intuitive tools and flexible data integration, it enables you to maximize opportunities, reduce costs, improve reliability, and quickly respond to market dynamics.

Challenges of energy asset valuation and optimization

You have the assets. You have the data. But are you getting the most out of them? Are you having trouble making the right decisions at the right time because of:

Rising operational complexity?
Managing diverse energy assets (e.g., thermal, hydro, renewables, gas) with varying constraints and market dynamics is increasingly difficult especially without easy integration capabilities.
Inaccurate operational forecasting and planning?
Gaps appear between planned and actual operations because of insufficient real-time data and limited scenario modeling, resulting in inefficiencies and higher costs.
Regulatory and market volatility?
Constantly changing regulations, fuel prices, and demand patterns require agile solutions for risk assessment and compliance.
Inefficient asset utilization?
Without optimization, you may underutilize or mismanage power generation, gas, and other assets, missing opportunities for cost savings and revenue.
Siloed systems and manual workarounds?
Disconnected systems and manual processes hinder visibility, slow down decisions, and increase costly avoidable errors.

Benefits

When your data, models, and operations align, Asset Optimization solution enables you to operate your energy portfolios at optimal performance:

Maximize profitability
Unlock the full value of your power and natural gas assets with optimized dispatch and trading while reducing operational costs.
Make confident, data-driven decisions
Real-time insights and powerful scenario modeling enable you to make faster, optimal decisions in volatile markets.
Simplify complexity and save time
Reduce manual tasks and optimize all generation, gas, and other energy assets in an interconnected, automated solution built for today’s energy challenges and the future as your energy assets and markets evolve.

Ready to optimize value from your energy generation and storage assets?
Connect with our team to learn more and ask for a free demo.

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Features

Advanced optimization
Use Portfolio Optimization software to model and simulate detailed unit constraints, market conditions, and asset behaviors to generate optimal operating schedules and maximize portfolio value.
Integrated gas planning and valuation
Utilize the SENDOUT solution for gas supply optimization, contract sizing, and asset valuation (intrinsic/extrinsic) across multiple time horizons.
Scenario and stochastic analysis
Simulate various markets, weather, and operational conditions to assess risk and discover opportunities.
Dispatch and nomination optimization
Automate and optimize dispatch schedules and nominations across electric power and gas portfolios to reduce imbalance penalties, improve compliance, and enhance operational efficiency.
Real-time operational insights
Access live data to compare planned versus actual operations and respond quickly to market and system changes.
Reporting, visualization, and an easy-to-use interface
Access customizable dashboards, network diagrams, and more than 100 system reports for full visibility through an intuitive interface with Excel integration and minimal data manipulation.