EnergyOpti
Optimisation as a Service
Achieve Your Optimisation Targets – Create Value and Manage Risks
We’re optimising energy storages, along with other energy assets, power production, and consumption. EnergyOpti provides the balance management and asset utilisation as a full-service solution.
With our advanced, AI-enhanced technology, EnergyOpti offers the optimisation services for energy storages, by connecting BESS to a Virtual Power Plant. This enables optimised revenue generation both in reserve markets and through energy arbitrage.
Invest in the future of energy with us – join our story today.
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We provide solutions for optimizing energy storage and all other energy assets, power production and consumption.
We understand energy business, technology, and trading (power, origin, emission), leveraging software development and intelligence to help you to navigate in the turbulent energy market.
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We believe in digital transformation and its power to revolutionize energy procurement and consumption. Our optimization solutions are accompanied by agile energy market utilization strategies. AI enables us to bring efficiency, accuracy, and predictive action to your energy procurement and management strategies.
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With our energy intelligent services, we allow our customers to focus on their core business.
Our solutions will help you to optimize energy flows, ensure security of supply, manage risks, and meet your sustainability targets.
Development of an optimization system for ancillary, day-ahead and intraday market trading and decision making
The goal of the project is to develop an optimization system suitable for making trading decisions in the electricity market's reserve, day-ahead, and intraday markets, or to operate fully automatically by generating refined proposals for market actions. The system will work in conjunction with a virtual power plant service, a reserve optimization system, and an optimization system operating at the market interface. The system combines measurement data from an electricity storage or similar facility, reserve market forecasts and actuals, day-ahead market actuals and forecasts, weather measurement observations, public disturbance messages about the state of the electricity market (UMM), actual realized price data from day-ahead and intraday markets, and possibly other data sources. The aim of the developed system is to optimize revenue potential for entities investing in battery storage, system is also scalable to other production and consumption modes enabling demand and production flexibility in the electricity market. Optimization of other forms of energy is also possible.
Increasing renewable energy production (wind and solar power), planned expansions of interconnection cables between the Nordic countries, hydrogen projects, and the reliability of nuclear power production require significant investments in the reserve market. These investments may include energy storage systems based on battery technology or energy storage systems focused solely on heat storage, thermal boilers, or adjustable small-scale energy production. The development of the system will particularly focus on electricity storage because it has the capability to balance intraday price differences by charging electricity when it is cheap and discharging it when prices are high. According to Fingrid Oyj's forecast, the need for the reserve market in Finland will more than double in the next five years, exceeding 2,500 MW.
The development of the optimization system involves a virtual power plant that collects information from production and consumption sites, optimizes their operation, and communicates with electricity market trading platforms (e.g., Nordpool and EPEX), referring to an optimization product suitable for multimarkets. The optimization system will utilize machine learning algorithms and artificial intelligence in the analysis of background data and the decision-making process. The teaching of algorithms and artificial intelligence will leverage the long-term experience of the company's personnel in energy markets, particularly in decisions influencing model training and the selection of background information.
Paving the Way for High-Quality Performance
The operational steps include BESS deployment, asset management, performance monitoring, and reporting. We ensure you’ll meet your performance and revenue generation targets.
Invest in the future of energy with us – join our story today.
“From procurement to operations.
We've got energy optimized for your needs.”
Jarkko Avikainen, CEO, NSC EnergyOpti
The professionals you’re looking for
The professionals behind the NSC Group have almost a century of experience (combined) in the energy sector: Our experts possess key competencies in finance, risk management, strategic leadership, physical trading, technical expertise, project development… and so much more.
Jarkko Avikainen
Veikko Huhta
Partner & NSC EnergyOpti CEO
Founding Partner
Erkki Hautala
Arttu Hämäläinen
Teemu Heinänen
Oskar Heikkilä
Head of Project Development
Junior Analyst
Dan Sandin
Mikko Askolin
Founding Partner
Founding Partner
Energy Market Manager
Senior Trader