Join us for an evening of energy and cocktails
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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Gravida neque convallis a cras semper. Arcu felis bibendum ut tristique et egestas. Porta nibh venenatis cras sed. Tempor commodo ullamcorper a lacus vestibulum sed arcu non. Venenatis urna cursus eget nunc. Turpis massa sed elementum tempus egestas sed sed risus pretium. Amet consectetur adipiscing elit ut aliquam purus sit. Gravida arcu ac tortor dignissim convallis aenean et tortor at. Dolor sit amet consectetur adipiscing elit ut aliquam purus sit. Nunc pulvinar sapien et ligula ullamcorper malesuada proin libero. Habitasse platea dictumst quisque sagittis purus sit amet volutpat consequat.
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Gravida neque convallis a cras semper. Arcu felis bibendum ut tristique et egestas. Porta nibh venenatis cras sed. Tempor commodo ullamcorper a lacus vestibulum sed arcu non. Venenatis urna cursus eget nunc. Turpis massa sed elementum tempus egestas sed sed risus pretium. Amet consectetur adipiscing elit ut aliquam purus sit. Gravida arcu ac tortor dignissim convallis aenean et tortor at. Dolor sit amet consectetur adipiscing elit ut aliquam purus sit. Nunc pulvinar sapien et ligula ullamcorper malesuada proin libero. Habitasse platea dictumst quisque sagittis purus sit amet volutpat consequat.
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Volue Energy Market Services is a market leader for software-backed services in the renewables sector. It provides power producers, industrial companies, traders, aggregators and battery operators with services including asset operations, power production planning and optimisation, and trading and settlement. Provision of real time Nordic control room services not only complements the portfolio but adds a critical information and controllability aspect to both energy and storage assets. This in turn gives customers an edge in the ever-developing complex market landscape.
Navigating the power market is a complex exercise. Through cutting edge technology, machine learning, algorithms and our highly competent team, our solutions optimise assets and reduce risk in the financial and physical power market.
Visit Volue Energy Market Services.
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Volue Energy Market Services is a market leader for software-backed services in the renewables sector. It provides power producers, industrial companies, traders, aggregators and battery operators with services including asset operations, power production planning and optimisation, and trading and settlement. Provision of real time Nordic control room services not only complements the portfolio but adds a critical information and controllability aspect to both energy and storage assets. This in turn gives customers an edge in the ever-developing complex market landscape.
Navigating the power market is a complex exercise. Through cutting edge technology, machine learning, algorithms and our highly competent team, our solutions optimise assets and reduce risk in the financial and physical power market.
Visit Volue Energy Market Services.
with cta
Navigating the power market is a complex exercise. Through cutting edge technology, machine learning, algorithms and our highly competent team, our solutions optimise assets and reduce risk in the financial and physical power market
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Finland and Sweden: countries in context
Finland's wind energy sector has continued to demonstrate significant expansion during 2023. The Nordic country maintains an active commitment to investing in onshore wind power projects as a means to bolster its renewable energy capacity and align with its green energy targets. Multiple wind farms are either in development or have recently reached completion, contributing substantially to the evolution of the Finnish energy ecosystem.
Over the last decade, Sweden's renewable energy capacity has also increased, fueled by an increase in hydropower and ongoing growth in wind. By 2026 the Swedish energy ecosystem will have almost doubled its wind power to 52 TWhs. At the same time, industries are repositioning themselves to take advantage of these new resources and we anticipate that Sweden will find itself to be a significant net exporter of renewable energy by that time. All of these factors mean that there are more variables to work with and more opportunities to latch onto.
It’s with this context in mind that Tomi takes up the story.
Balancing Supply and Demand
“Manual Frequency Restoration Reserve, or mFRR, is increasingly becoming more important in the context of power grid management and electricity generation. With a growth in intermittent renewables, it's more important than ever to maintain a balance between the supply of electricity and its demand. Any imbalance in this equilibrium can lead to fluctuations in the grid's frequency, which can have detrimental effects on the stability and reliability of the electrical system,” explains Tomi.
“mFRR is one of the mechanisms used to help maintain this balance. It is a type of reserve capacity that is held in the energy market to quickly respond to unforeseen events that can cause frequency deviations on the grid. These events can include sudden changes in electricity demand, unexpected generator outages, or other disturbances,” he adds.
Finland and Sweden: countries in context
Finland's wind energy sector has continued to demonstrate significant expansion during 2023. The Nordic country maintains an active commitment to investing in onshore wind power projects as a means to bolster its renewable energy capacity and align with its green energy targets. Multiple wind farms are either in development or have recently reached completion, contributing substantially to the evolution of the Finnish energy ecosystem.
Over the last decade, Sweden's renewable energy capacity has also increased, fueled by an increase in hydropower and ongoing growth in wind. By 2026 the Swedish energy ecosystem will have almost doubled its wind power to 52 TWhs. At the same time, industries are repositioning themselves to take advantage of these new resources and we anticipate that Sweden will find itself to be a significant net exporter of renewable energy by that time. All of these factors mean that there are more variables to work with and more opportunities to latch onto.
It’s with this context in mind that Tomi takes up the story.
Balancing Supply and Demand
“Manual Frequency Restoration Reserve, or mFRR, is increasingly becoming more important in the context of power grid management and electricity generation. With a growth in intermittent renewables, it's more important than ever to maintain a balance between the supply of electricity and its demand. Any imbalance in this equilibrium can lead to fluctuations in the grid's frequency, which can have detrimental effects on the stability and reliability of the electrical system,” explains Tomi.
“mFRR is one of the mechanisms used to help maintain this balance. It is a type of reserve capacity that is held in the energy market to quickly respond to unforeseen events that can cause frequency deviations on the grid. These events can include sudden changes in electricity demand, unexpected generator outages, or other disturbances,” he adds.
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Telefon
www
Volue by the numbers
800
employees
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Gemini-konferansen 2023 (news)
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