PSI Receives Order for FlAixEnergy Research Project

Optimised use and marketing of industrial energy flexibility

Berlin, 12 August 2015 – PSI has been awarded the contract for a research project for the optimised inclusion of “smart industrial customers” in an energy platform for the marketing of energy flexibilities. The research project will be implemented as a prototype in the Aachen region and is being sponsored by the Federal Ministry for Economic Affairs and Energy. The project was commenced on 1 August 2015 and run for three years.

The core element of the platform is a mechanism that assesses the flexibility of the smart industrial customer and therefore allows them to participate on the energy spot market and the balancing energy market. In general, this will establish a preference for local balancing in the distribution network over cross-regional balancing in transmission networks. Along with partners from the scientific and industrial communities, PSI is participating in the research project with its subsidiaries PSI Energy Markets, PSI Metals and PSIPENTA.

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Leading Indian steel producer Tata Steel decides for PSI

PSImetals for Scheduling at new integrated steel plant in Kalinganagar

Berlin, 6 August 2015 – PSI receives an order from Tata Steel India, one of the global leading steel producers, to provide PSImetals Scheduling solution to optimize the production programs at the new Tata plant in Kalinganagar. The target is to optimize the utilization of the new capacities together with a maximum degree of customer service.

The growth strategy of Tata Steel in India with its plant in Jamshedpur foresees an increase of production capacity from 9.7 MioTpA to 23 MioTpA. As part of this initiative, the newly built integrated steel plant in Kalinganagar will produce 6 MioTpA of high quality flat steel. The standard software PSImetals with its components Online Heat Scheduler, Caster Scheduler und Line Scheduler will support Tata Steel to schedule the steel melt shop, continuous casting and hot rolling. The extension of the PSI solution to an envisaged cold rolling mill and other plant extensions are already part of the initial concept.

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New Public Utility Customer for PSI Energy Business: Stadtwerke Münster

Berlin, 3 August 2015 – Stadtwerke Münster have contracted PSI AG with the renewal of their combined energies control center. The new system is based on the standard platform PSIcontrol, upon which primarily the standard functions will be implemented with multi-utility applications.

The Stadtwerke Münster operate the electricity and pipeline networks (gas, water, district heating) in the greater Münster region. With the renewal of the existing control system for the various sectors, the Stadtwerke Münster aim to fulfil the requirements resulting from the energy transition. The primary objectives are, amongst others, increasing the cost effectiveness, efficient management of the feed-in of renewable energies and the fulfilment of increased safety standards.

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PSI with Strong New Orders and Significantly Improved EBIT in First Six Months

- New orders improve by 17 % to 104 million Euros

- Group sales climbs by 7.5 % to 90.5 million Euros

- Group EBIT increases by 52 % to 4.2 million Euros

Key figures (KEUR)      01/01 – 30/06/2015      01/01 – 30/06/2014      Change

Sales   90.522  84.224  + 7,5 %

EBIT    4.233   2.782   + 52,5 %

Group net result        2.364   1.210   +95,4 %

Earnings per share (EUR)        0,15    0,08    +87,5 %

Berlin, 28 July 2014 – The PSI Group obtained 7.5 % higher sales of 90.2 million Euros in the first six months of 2015 (30 June 2014: 84.2 million Euros). The EBIT for the first six months, which was encumbered by special effects in the previous year, increased by 52 % to 4.2 million Euros (30 June 2014: 2.8 million Euros). The group net result doubled to 2.4 million Euros (30 June 2014: 1.2 million Euros). The volume of new orders improved by 17 % to 104 million Euros (30 June 2014: 89 million Euros), the volume of orders on 30 June 2015 was, at 131 million Euros, 8 % above the figure for the previous year (30 June 2014: 121 million Euros).

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Mr. Harvinder Singh,
Ernst & Young
Technology Entrepreneur
Of The Year

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PSI INCONTROL
(formerly known as INCONTROL TECH or iTEC)

An engineering company who understands that engineering solutions are much more than just using good tools. Solutions for Automation, Control and Protection are like constructing a building. Just taking the best bricks, steel and concrete will not give you the best looking building. You need an architect who understands how to bring them together into a reliable, world class solution.

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