ProCom is a German company that offers both consultancy and IT tools throughout the energy value chain from production to trading. With over 100 employees, ProCom’s headquarter is in Aachen with one subsidiary in Berlin, Germany. Until recently, its focus has been on the German market, as is the case for most other German power industry consulting companies. In the last few years however, ProCom has started to broaden its focus aiming at both Europe-wide coverage and Asia. I recently spent some time talking with Richard Plum of ProCom about the company and its IT solutions and how they are lined up on a broader European basis. They offer several software tools alongside its consulting services in the areas of asset optimization, intraday power trading, and forecasting, he told me. The “BoFiT Optimization” tool transfers complex power generation or trading portfolios into a user-friendly, graphical model. Based on this model, optimization tasks can be planned and calculated for all kinds of business processes, ranging from long-term investment planning to short-term intraday trading. According to Mr. Plum, even German TSO’s are using the tool while ProCom is now actively addressing other European markets as well. In this context, it recently announced
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