Powel offers the energy industry’s most comprehensive portfolio of decision support solutions. Smarter decision making delivers immediate improvements in energy efficiency, reliability and customer service. It is a catalyst for strategic flexibility – enabling utilities and municipalities to anticipate and respond quickly to changes in technology, the economy, the environment and industry regulation.
Powel ASA is headquartered in Trondheim, Norway’s technology capital and employs more than 230 technical and business specialists.
Powel has grown to be the dominant player in the Scandinavian market. The customer group is broad and includes most of the major power companies in the Nordic markets. Revenue CAGR the last 10 years has been 22%. From this position the company is focussed on international growth.
Targeted customers for Powel Solutions
Smart Metering SolutionsPowel smart metering solutions deliver exceptional data security, easy scalability, consistent performance and an open architecture approach that simplifies integration with other systems in the metering value chain. Its enterprise-wide software platform enables centralized or distributed meter data management with secure communication. Solutions include all the capabilities that utilities, metering companies and other stakeholders need to deploy large-scale smart metering with open data collection and advanced meter data management. Most importantly, the company’s open platform solutions enable flexible integration. Powel’s proven solutions are already helping utilities like Vattenfall, E.ON, Fortum collect and manage meter data effectively in deregulated power markets across Europe.
Network Information Systems
Powel develops softwaresolutions for the efficient planning, operation, project steering and maintenance used to manage electric distribution grids, remote heating, gas and fibre networks. Powel’s geospatially enabled solutions help utilities gain access to, analyze and manage critical information rapidly and efficiently. These activities are particularly relevant to reconstruction efforts in the wake of heavy storms and other bad weather.
Generation & Trading Systems
Wide variations in current levels of hydropower generation, depending on water balance and seasonal variations, require complex models for optimizing generating capacity and electricity sales within the open market. Electric power settlement is a complex process with respect to both the quantity of available information and its exchange among market players. Powel’s solutions enable its clients to deliver reliable energy from renewable resources to meet increasing energy demands.
Public Infrastructure & Civil Construction
More than 300 local authorities and contractors turn to Powel for technical management solutions. Powel’s 3D modelling and operational monitoring solutions have been implemented for a variety of applications including airport construction, hospital planning, water supply and wastewater management.
Powel’s systems are business critical for Generators, Traders and Utilities in open markets. Years of experience in and in-depth knowledge about these deregulated and highly competitive markets have positioned Powel ASA as a market leader. Powel software products are in use by more than 600 customers, including Vattenfall AB (SWE), Statkraft SF (NOR), Sydkraft Vattenkraft AB (SWE), Oslo, Bergen and Trondheim municipalities (NOR), Abu Dhabi Water and Electricity Authority (United Arab Emirates), Dayton Power and Light (USA), and Wright-Hennepin Electric Cooperative Association (USA).