Finnish physical energy-trading house PD Power extends its longstanding Hansen Trade implementation to complete its coverage of the Ancillary Services market, opening a new revenue stream for its stakeholders and complementing grid stability for the Nordic region.
June 11th, 2025 – Hansen Technologies (ASX: HSN), a global software and services provider to the energy, utilities, communications, and media industries, is delighted to announce a significant extension of its longstanding partnership with PD Power, the physical trading arm of Power-Deriva. This latest extension sees PD Power implementing Hansen’s fully modular algorithmic energy trading platform to support the FCR (Frequency Containment Reserve) and aFRR (Automatic Frequency Restoration Reserve) markets. This strategic move strengthens PD Power’s position as a key player in the region’s energy transition, supports grid stability, and unlocks new revenue opportunities.
As the Nordic energy landscape evolves, the need for flexible and responsive balancing services has never been greater. By participating in the FCR and aFRR markets, PD Power is stepping up to provide essential grid frequency stabilisation services, thereby enhancing the reliability and security of supply across the region. This expansion underscores PD Power’s pivotal role in efficiently integrating renewables into the power system.
Mika Laakkonen, Chief Executive Officer at PD Power, commented: “Entering the FCR and aFRR markets represents a significant step forward for PD Power. These services play a critical role in maintaining a stable and resilient electricity grid, and this expansion underscores our dedication to market innovation. By leveraging the proven trading capabilities that Hansen Trade gives us, PD Power is well-positioned to optimise the performance of flexible generation assets, energy storage, and demand-response solutions, ensuring we can efficiently respond to grid fluctuations while maximising value for our stakeholders.”
David Castree, President for Energy & Utilities at Hansen, commented: “PD Power’s entry into the reserve markets marks another milestone in its strategy to enhance market competitiveness while playing a proactive role in shaping the future of Nordic energy markets. PD Power’s expansion opens new revenue streams that complement its existing energy trading operations and confirms its long-term commitment to the Nordic power sector.”
Part of the Hansen Suite for Energy & Utilities, Hansen Trade is a fully modular, Cloud-native software platform that enables trading organisations to transform their business performance, leveraging a next-generation analytics-driven logic engine to automate, optimise, and maximise all asset classes in the short-term wholesale physical power trading and auction marketplaces, as well as for ancillary services. Accelerated time-to-market and continuous market and regulatory compliance make Hansen Trade the complete trading solution.
For more details, visit the Hansen Trade product page.
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About Hansen Technologies
Hansen Technologies (ASX: HSN) is a leading global software and services provider for the energy, utilities, communications, and media industries. Hansen serves customers in over 80 countries, helping them to deliver new products and services, manage and analyse customer data, and control critical revenue management and customer support processes.
For more information, visit www.hansencx.com
About PD Power
Founded in 2018, PD Power Oy is a company specialising in physical electricity procurement services. In 2019, the company acquired a physical electricity management service package from Harjavalta, including a 24/7 control room. With this business transaction, the company’s experienced staff specialised in physical electricity trading also transferred to PD Power.
For more information, visit https://power-deriva.fi
Contacts:
Adnan Bashir
Global Lead, External Communications
Hansen Technologies
+1 647-204-0999