Stockholm Exergi Selects Hansen to Automate and Optimise Power Trading Operations
April 25 2024 - 6:00AM
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 that Stockholm Exergi, a major
energy provider in Sweden, is the latest to join the growing
community of Hansen Trade users. Enabled by Hansen Trade, Stockholm
Exergi will commence operations in a balance responsible party role
and leverage the platform to process all trading operations in
physical power markets, including Day-Ahead, Intraday, and
Ancillary Services market trading.
Hansen Trade enables Stockholm Exergi to participate in all
marketplaces with an automated trading tool, with a modern,
cloud-native, and modular design. For Day-Ahead trading, the
solution delivers a streamlined bidding process, detailed
trade-result handling, and comprehensive safety features, making it
possible to optimise all assets in the marketplace without spending
time on manual processing. The fully automated Intraday Trading
capability handles balance management and available capacity
optimisation for all assets, round-the-clock, with highly flexible
and dynamic trading strategy tools. Furthermore, the Ancillary
Services capability optimises capacity in the aFRR, mFRR, and FCR
markets.
Erik Forsén, Product Owner for Ancillary Services at
Stockholm Exergi, commented: “To be truly effective when
trading in physical marketplaces requires modern, automated trading
tools. Our decision to begin operating as a balance-responsible
party reinforced the need for a platform to optimise our asset
fleet’s trading in multiple marketplaces. Tailored tools for bid
handling and market communication convinced us that Hansen Trade
was the right market solution to meet our evolving needs. Hansen
also has a deep knowledge of the electricity markets and offers
valuable advice on everything from strategy to operations. With
Hansen Trade, we can start trading operations seamlessly and ensure
that we unlock the total value potential of all our assets.”
David Castree, Chief Customer Officer at Hansen,
commented: “It is clear that Stockholm Exergi are visionaries
in the sector. Their transition from a conventional city-based
energy provider to an active power trader, their participation in
COP27, plus the announced creation – supported by the European
Innovation Fund – of a carbon-capture and storage facility prove
that. As such, their choice of Hansen Trade as the strategic power
trading platform is all the more consequential and a genuine
endorsement of Hansen’s leadership Hansen in this important space.
Hansen’s power trading platform empowers several energy companies
across the Nordic region, with Skelleftea Kraft, Bixia, Vantaa
Energy, Tampereen Sähk�laitos, Malarenergi and Jämtkraft, to name a
few. Leveraging Hansen Trade, these organisations operate with
unparalleled agility in a highly dynamic market.”
Part of the Hansen Suite for Energy & Utilities, and
delivered 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 Technologies (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 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
Stockholm Exergi Stockholm Exergi is Stockholm’s
energy provider. Using resource-efficient solutions, Stockholm
Exergi ensures that the growing Stockholm region has access to
electricity, heating, cooling, and waste services. The company
provides heat to more than 800,000 residents, and its
3,000-kilometre-long district heating network forms the basis for
the societal benefits that Stockholm Exergi creates with its
customers and partners. For more information, visit
https://www.stockholmexergi.se/en/
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version on businesswire.com: https://www.businesswire.com/news/home/20240425659483/en/
Adnan Bashir Global Lead, External Communications Hansen
Technologies +1 647-204-0999
Hansen Technologies (ASX:HSN)
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