Energy Market Simulation

Accurate, fast and digital forecasting and analysis for crucial decisions

Degree of Realism

Latest research results included in the solution so a cutting-edge degree of realism can be achieved: Flow-Based Market Coupling, hydro power cascades and on-off decisions for 8760 hours in whole Europe.

All-in-One

No further solutions necessary since high-performance computing, cloud storage, data management, simulation environment and IBM CPLEX solver integrated. Plus, extensive user support and proven scenario data available.

High Performance

Flexible and digital working is more important than ever before so cloud-simulations are optimal. Maon supports non-linear and parallel work-flows for hands-on quality management and superior cross-organizational teamwork.

High Level of Security

Simulations in the cloud run at a high performance cluster. All cluster nodes lie physically in Germany. In times when hacker attacks are not uncommon and cybercrime is worthwhile the cloud can offer more security.

Pay-per-Use

Users only pay for the storage space and simulation runs they really need. Expensive over-payments can be prevented. If more storage or calculation becomes necessary it can be adjusted at any time.

Cost Savings

For many companies going to the cloud is more profitable than investing in their own IT infrastructure. The company's own IT has no longer to worry about installations, maintenance or important security updates.

Meet and join the team

We are searching for new team members. If you are interested, please send us an application.

Dr.-Ing. Mihail Ketov

coordination and simulation core

Electricity market expert with ten years experience in engineering research, software development and market modelling

Dipl.-Ing. Fabian Pfannes

cloud platform and front-end

Software developer with twelve years professional experience in technical simulations and continuous integration

Huangluolun Zhou, M.Sc.

finance and business development

Management consultant with track record in large-scale electricity market simulations, data processing and project management

Nicolai Schmid

cloud platform and back-end

Full-stack web developer with know-how in container-orchestrations and single-page applications

Dariush Wahdany, B.Sc.

simulation core

Electrical engineer from the RWTH Aachen University with excellent skills in C++ and Bash programming

Yash Patel, M.Sc.

Data and testing

Expert in the domain of Flow-Based Market Coupling, simulation data gathering and comprehensive application testing

Dr.-Ing. Hao Chang

External advisor for transmission grids

Enabling market modelling in the digital age for transmission grid planning and operation

History

Research

Maon is a spin-off of the Institute for High Voltage Equipment and Grids, Digitalization and Energy Economics (IAEW) at RWTH Aachen University and the Chair for Sustainable Electric Networks and Sources of Energy (SENSE) at TU Berlin. The company has a special proximity to research in the field of simulations for market and network analyses. Data, models and procedures for the simulation of electricity wholesale markets are jointly developed and continuously operated at one integrated and comprehensive simulation suite.

Software

The digital platform is used by transmission system operators, investors and other market parties. The software is developed with the help of own market observations – partly published in TenneT Market Reviews and umlaut Market Studies – as well as project experience with simulation tools and latest research results. Due to many years of experience in modelling and software, Maon has been used in various projects, among others by network operators to evaluate security of supply or by investors to forecast net present values.

Best practice

The solution is used by renown business consultants like E-Bridge or umlaut on a regular basis, performing projects among others for system operators, investors, ministries and exchanges. The long-term experience with proven market models, especially related to transmission grid usage estimation and electricity price forecasting, the in-depth energy industry expertise as well as diverse successful joint projects with leading market players make Maon valuable for fast and accurate electricity system and market analysis.