EWII Energi goes live with Powel’s trading solutions
The Danish energy group has just started using Powel’s trading solutions enabling them to take control over their own energy trade, balance management, and settlement.
Trondheim, Norway 21 November - This will increase the value of their assets by enabling them to manage their own portfolio rather than having it managed by a third party. Powel’s innovative solutions are especially important with the increased value of the intraday markets, which require active management and the need for closer integration between assets and markets.
Insights in the Nordic markets
"The possibility of getting a complete, but yet a scalable solution, with all the necessary tools included, was a huge selling point for us. Powel’s insights in the Nordic markets and experience from implementing similar projects, along with positive references from other existing clients, made it an easy choice for us," says Kasper Lind Christensen at EWII Energi.
EWII Energi is focusing on delivering smart and flexible solutions for energy production and supply. EWII supplies electricity to 135,000 households, fresh drinking water to 48,000 households, and district heating to 26,000 households. A cornerstone in future solutions will be an effective balancing of these units.
"We see Powel as a key partner and expect the Powel systems to play an important role in our daily work. This is also one of the reasons why we appreciate the high customer involvement, that goes into further development of the Powel software," says Christensen.
Will increase the value of their portfolio
Powel is looking forward to working with EWII, both when it comes to further developing our software to fit the Danish energy group’s needs, but also securing further growth in the European market.
"Powel believes that utilities such as EWII are able to increase the value of their portfolio by trading on their own behalf, taking advantage of the increased knowledge of their assets and exploiting opportunities in the intraday markets," says Tom Darell EVP Smart Energy at Powel.
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