Cooperation between NSC EnergyOpti and Tietoevry secures electricity availability and enables demand response

Cooperation between NSC EnergyOpti and Tietoevry secures electricity availability and enables demand response.

The cooperation enables using electricity storage for demand response, peak consumption balancing, and reserve market capacity in the national grid.

The changing energy market requires completely novel solutions to secure electricity sufficiency and distribution. The cooperation between NSC EnergyOpti Oy and Tietoevry improves the availability of electricity and enables building new generation capacity using renewables. This is especially important when irregular renewable generation capacity increases. Batteries connected to the power grid also allow companies using them to take part in the electricity market.

The electricity storage and optimization services offered by NSC EnergyOpti, and the productized digital solutions developed by Tietoevry for the energy sector, enable new players to enter the electricity market. With these solutions, companies will be able to meet the basic requirements of the electricity market. In addition, the energy stored in the batteries can be offered as a packaged solution for the use of several electricity marketplaces.

Thanks to the cooperation, the electricity storage can be used for demand response in peak consumption periods, as well as to even out potential electricity price peaks. In addition, the combined capacity of the storages can be offered to the reserve market to secure adequate capacity in the national grid. This will create new business and income to the owner of the electricity storage.

'We are extremely satisfied with the cooperation, where both parties have a common desire to provide a platform for the green transition. This is a challenge that must be met at all levels and throughout the value chain. With the new energy management system, we can manage a larger number of different production and/or consumption sites and together optimize them for the electricity market. This way we can provide the greatest possible added value for our customers', says Jarkko Avikainen, CEO, NSC EnergyOpti.

'We are happy about the new cooperation, which will help us towards our goal of developing an even more responsible society. Electricity consumption in Finland is increasing and electricity generation is moving away from fossil fuels. The batteries optimized by our partners bring much-needed flexibility to the electricity market and contribute to guaranteeing energy sufficiency. Our new generation energy management solutions take into account both market needs and industry regulations and allow us to help our customers participate in the electricity market', says Niko Jauhiainen, Head of Asset & Data Solutions, Energy & Utilities, Tietoevry Industry.

For further information, please contact:

Niko Jauhiainen, Head of Asset & Data Solutions, Energy & Utilities, Tietoevry Industry

[e-mail] , tel. [phone]

Jarkko Avikainen, CEO, NSC EnergyOpti Oy

[e-mail] , tel. [phone]

Tietoevry creates purposeful technology that reinvents the world for good. We are a leading technology company with a strong Nordic heritage and global capabilities. Based on our core values of openness, trust and diversity, we work with our customers to develop digital futures where businesses, societies, and humanity thrive.

Our 24 000 experts globally specialize in cloud, data, and software, serving thousands of enterprise and public-sector customers in more than 90 countries. Tietoevry's annual turnover is approximately EUR 3 billion and the company's shares are listed on the NASDAQ exchange in Helsinki and Stockholm, as well as on Oslo Bors. www.tietoevry.com

NSC EnergyOpti Oy is an energy market solutions company founded in 2023 that offers services related to energy storage and optimization. We have more than 60 years of experience and expertise in the energy industry, which gives us the foundation to offer customers energy solutions that enable them to respond to current changes and protect themselves from a turbulent market environment. NSC EnergyOpti Oy is domiciled in Finland and part of the New Stars & Company group. www.newstarsco.com

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