EPV Expands Utilisation of Hansen’s Trading Solution
24 Gennaio 2024 - 10:00AM
Business Wire
Hansen Technologies (ASX:HSN), a leading global provider of
software and services to the energy, water and communications
industries, is pleased to announce an expansion of its partnership
with Finnish energy company, EPV Energy. As part of the agreement,
EPV will leverage the modular capabilities of Hansen Trade by
expanding its utilisation of the trading solution to encompass aFRR
and FCR market trading. This expansion builds upon EPV’s current
deployment of Hansen Trade Intraday Trading, Day-Ahead Trading and
Regulating Power Market (mFRR) operations.
The aFRR and FCR solutions within Hansen Trade will allow EPV to
operate and automate its assets such as batteries, electric boilers
and other power plants, in ancillary markets. With Hansen Trade,
EPV will be able to operate in all physical trading marketplaces,
including Nord Pool’s Intraday and Day-Ahead markets, as well as
the mFRR, aFRR, FCR and FFR markets.
Mika Luoto, Head of Operations at EPV, commented: “Over
the years, Hansen’s unwavering commitment to product development
has consistently surpassed our expectations. This very trust in
Hansen’s exceptional quality led us to extend our partnership to
cover all our target marketplaces. With our continued investment in
cutting-edge assets like electric boilers in district-heating
systems and batteries, we understand the significance of leveraging
flexibility to its fullest potential. Hansen Trade has undoubtedly
been instrumental in helping us unlock adaptability across diverse
markets.”
David Castree, Chief Customer Officer at Hansen,
commented: “We are pleased to see this expansion of our
relationship with EPV – which already includes meter data
management for EPV's district-heating operations – and the positive
reception to our energy-trading solution in the region. The
expansion of our relationship and the extension of Hansen Trade’s
functional application is a testament to our product’s dynamic
modular architecture and versatile configuration. With current
market forces and a changing regulatory landscape in the Nordic
region, Hansen Trade empowers companies such as EPV to run
operations with unparalleled agility and confidence.”
Part of the Hansen Suite for Energy & Utilities and run as a
cloud-based SaaS solution, Hansen Trade fully meets the flexibility
and scalability demands of the evolving energy-trading market.
For further information about Hansen Technologies, please visit
www.hansencx.com.
About Hansen
Hansen (ASX: HSN) is a leading global provider of software and
services to the energy, water and communications industries. With
its award-winning software portfolio, Hansen serves customers in
over 80 countries, helping them to create, sell, and deliver new
products and services, manage and analyse customer data, and
control critical revenue management and customer support processes.
For more information, visit www.hansencx.com
About EPV
EPV Energy generates and acquires electricity and heat for its
shareholders, Finnish energy companies. EPV Energy has 70 years of
experience in responsible energy generation. We focus on
emission-free and reliable energy generation with determination and
purpose. At EPV Energy, we have greatly improved our range of
energy generation, resulting in significant reductions in carbon
dioxide emissions. We aim to achieve carbon-neutral electricity
generation by 2030. For more information, visit
https://www.epv.fi/en/
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version on businesswire.com: https://www.businesswire.com/news/home/20240124463742/en/
Adnan Bashir Global Lead, External Communications Hansen +1
647-204-0999
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