Nordic Energy Leader Gasum selects Hansen Technologies for Energy Data Management and Trading solution
November 18, 2019 – Espoo, Finland – Hansen Technologies is pleased to announce the signing of a multi-year contract to deliver its next generation solutions for Energy Data Management (EDM) and cloud-based energy trading to Gasum.
Gasum is a forerunner in sustainable Nordic energy solutions and circular economy. As the leading supplier of biogas and distributor of liquified natural gas (LNG), Gasum actively invests in sustainable energy and together with its partners enables the path towards a carbon neutral future. Gasum’s strategy of moving towards a cleaner future is underpinned by the expansion of the energy markets, investing in renewable energy and zero waste thinking. and continual digitalisation of their operations including optimising logistics and facilitating data collection and processing.
With GenerisCX EDM and Optitrade trading solutions, Hansen will enable Gasum as a sustainability front-runner, with the automation of critical balance, forecasting, settlement, and energy supply chain management capabilities, helping them to digitalise key aspects of their business operations, stay ahead in the Nordic market and grow their business.
Mikko Askolin, Head of Operations Gasum, said: “Hansen has an exceptional track record across the globe providing solutions to address the complexities of the evolving energy market. Gasum required a system that provided both standard and regulated Nordic market functionality, as well as flexible capabilities to give our specialists the tools necessary to adapt with the market and evolving customer needs. We evaluated the available EDM and trading solutions in the market, and found that Hansen’s reputation, long history of proven global expertise, and leading solutions were the best to meet our business and market requirements.
John May, President Hansen Technologies EMEA, said: “We are delighted to have been chosen by such a progressive and major energy player like Gasum. Hansen’s GenerisCX is the only EDM system in the world to provide the level of functionality, flexibility and compatibility with Nordic regulations that a modern energy company needs. With our Optitrade solution, we enable our clients to maximise the value of their operations. Hansen is proud to provide our customers with competitive advantages, supported by over 40 years of industry experience.”
Hansen’s GenerisCX is the leading Energy Data Management solution and supports all commodities – electricity, gas, as well as district heating and cooling across all market roles. Hansen’s Optitrade provides tools for automated trading in day-ahead, intraday and regulated power markets, greatly reducing the need for manual trading and boosting profits by generating optimal bids.
Gasum is a Nordic energy company and the biggest distributor of liquefied natural gas (LNG) in the Nordic countries. Together with partners, Gasum promote development towards a carbon-neutral future on land and at sea. The Gasum Group has around 350 employees in Finland, Norway and Sweden, and is a fully state-owned company. Shares are held by state-owned Gasonia Oy (73.5%) and the State of Finland (26.5%). For more information, visit www.gasum.com