Benefits to Clients
Decision Trees delivers outstanding benefits for clients that far exceed competitive service providers:
- Alignment with clients' corporate goals and project objectives
- As close as possible communication with clients' personnel
- Continuous on-site project staff
- Long term trust based relationship with clients
- Tailor made software implementation projects delivering clients' required decision support system
- Continuous Innovation in Mathematical Model design and solution
- Leverage and optimization of utilities' generation systems and trading portfolios
- Solutions to increase competitive advantage and give outstanding Return of Investment
- Decision Trees' solution will affirm clients' commitment to innovation to market and peers
- Commercial arrangements beneficial to all parties, both win solution
- Innovative pricing structure
Value of Stochastic Optimization
We passionately believe that the inherent value of our Stochastic Optimization methodology needs a wider audience. Following overwhelming success in the financial markets, Decision Trees seeks to benefit from partnering with clients in the power industry in individual projects and further validating the performance benefits of Stochastic Optimization over more traditional techniques used in the power industry.
Leading edge technology foundation
Whereas stochastic optimization models are widely applied in finance, they are less well known in the energy sector. The complexity of the stochastic approach combined with the challenging requirements for modeling power stations and, gas-, power- and emission trading portfolios result in large-scale models that are extraordinarily difficult to solve. Their size requires significant hardware resources if they are to be solved in reasonable time. This task can only be achieved by using advanced technology based on 3-tier architecture and parallel Cplex (www.ilog.com), which is the leading computational engine for mathematical optimization models.
Expertise
Decision Trees has developed Bit@Energy, a stochastic optimization system for long and short-term unit commitment and power trading optimization. This application is in production with major power generators in Europe and Central America. Benchmarking has proven that the operation of generation units as well as forward contracts optimized by Bit@Energy have yielded additional profits, over deterministic optimization, of at least 8% per year.
Experience
Decision Trees' products and services are build upon its experience of a large number of technology projects and expertise in the field of stochastic mathematical modeling of power systems and trading portfolios. Please refer to our references.
Discipline and reliability
Decision Trees' disciplined approach to a phased delivery ensures a successful project completion. This approach includes quantifiable performance milestones to further validate our advanced modeling techniques.
Our key believe is that most reasonable estimation of analysis and development efforts and well defined project milestones that are accomplished at 100% are crucial for the success of the overall project. Discipline and reliability are Decision Trees' core principles.
Performance, system reliability and user friendliness
The technical implementation of Decision Trees’ stochastic optimization model is based on n-tier architecture. It will guarantee high performing business decisions on the operational management generation systems and trading portfolios. Moreover, it is delivered with a reliable, fast, friendly and ergonomically designed user interface, coupled with ease of maintenance and upgrade of the model, despite of its complexity.