Decision intelligence for energy system planning and operation under uncertainty.
Robust investment decision intelligence under uncertainty.
- Decision intelligence for long-term energy infrastructure investment under market, technology, policy, system and weather uncertainty.
- Accurate and robust asset valuation help you make the right bidding decisions in your next renewable energy projects.
- Efficient model building and analytics capability in a unified software platform.
Reliable and resilient system operation under uncertainty.
- Fast decision intelligence for a secure system operation with unmatched speed.
- Examine system expansion proposals under uncertainty.
- Diagnose and visualise system bottleneck effortlessly for your next assessment report.
Unlock long-term European power prices.
- Unique model library unlocks European long-term power prices decades ahead.
- Robust day ahead power price forecast under market, policy, system and weather uncertainty.
- Fast decision analytics with a user friendly interface to help you deliver your next power market analysis effortlessly.
Most decisions have to be made before the future is revealed.
Uncertainty is a state of having unknown information about the future. It prevents decision-maker from knowing the consequences of a decision but also comes with great value if managed properly.
EORC uses scenarios to represent the unknown information to identify the hidden value in uncertainty.
Significant value is hidden in uncertainty.
Managing uncertainty via scenario modelling help to make the optimal decision considering the expectation of the unknown future. This helps the decision to be more robust than decision made considering only one future. This also helps to find and quantify the value of flexibility.
See it in a small exampleManaging uncertainty helps us find the value of flexibility.
Here is a simple energy storage example showing planning under uncertainty can yield much higher revenue.
Illustrative prices in pounds. Storage starts empty, with no energy losses or extra charges. £1,000 is an average; the low-price case loses £2,000. For simplicity, we omit the fee for the fixed-price sale.
We make stochastic modeling an effortless part of your workflow
Uncertainty becomes an input to every plan, rather than a caveat added at the end.
Plans that hold up across many possible futures.
We test each plan against scenarios built from history, forecasts and your own assumptions, and show the likely range and the risk it carries.
From model to answer, without code.
Set up the model, run scenarios and read prices, pathways and valuations in one platform, with no programming needed.
Works with what your team already uses.
Bring in the data you already have, and take the results back into the software your team relies on.
Managing comprehensive strategic and operational uncertainty with unmatched computational performance with EORC decision intelligence.
EORC's optimisation and machine learning powered decision intelligence handle large-scale energy system models far beyond the limit of industry leading decision solution providers.
Scenarios for every time horizon.
We turn historical data, probabilistic forecasts and your own assumptions into short-term operational and long-term strategic scenarios.
Solve complex energy models beyond the limit of industry leading solvers
Focus on your energy models, EORC's optimisation and machine learning will solve the problem with unmatched speed.
Modular energy library for every energy carrier, conventional or emerging.
Modular model building for power, heat, hydrogen, oil & gas and CCS across Europe.
More confident decisions for your next energy investment.
Robust power price outlooks, infrastructure pathways, and asset valuations accounting operational and strategic uncertainty.