Dr.-Ing. Mihail Ketov
coordination and simulation core
Electricity market expert with ten years experience in engineering research, software development and market modelling
Latest research results are included in the comprehensive simulation suite so a cutting-edge degree of realism can be achieved: Flow-Based Market Coupling, hydro power cascades and on-off decisions for 8760 consecutive hours.
High-performance computing cluster, cloud storage, data management, simulation suite and IBM CPLEX solver are integrated into a single solution. Additionally, extensive user support and proven scenario data can be provided.
Flexible and digital working is more important than ever before so cloud-based simulations are optimal. Maon supports non-linear and parallel work-flows for hands-on quality management and superior teamwork.
For many companies going to the cloud is more economical than investing in their own IT infrastructure. The company's own IT no longer has to worry about installations, maintenance or important security updates.
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.
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.
Electricity market expert with ten years experience in engineering research, software development and market modelling
Software developer with twelve years professional experience in technical simulations and continuous integration
Management consultant with track record in large-scale electricity market simulations, data processing and project management
Full-stack web developer with know-how in container-orchestrations and single-page applications
Electrical engineer from the RWTH Aachen University with broad skills in C++ and Unix shell programming
Aspiring simulation data and Flow-Based Market Coupling (FBMC) expert
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.
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 have been used in various projects, among others by network operators to evaluate security of supply or by investors to forecast net present values.
The solution is used by renown business consultants like E-Bridge or umlaut on several occasions, including projects for system operators, investors, ministries, exchanges and others. 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 multiple successful joint projects with leading market players make Maon valuable for efficient and resilient electricity system and market analysis.