Power-Deriva Expands Utilisation of Hansen Trade
January 28th, 2021 – Hansen Technologies (ASX:HSN) is pleased to announce the expansion of its partnership with Power-Deriva. As part of the agreement, Power-Deriva, an investment service company specialising in portfolio management and trading in the energy sector, will expand the intraday trading module within Hansen Trade to cover production asset optimisation as well.
The production asset optimisation solution within Hansen Trade will enable Power-Deriva to provide new services for energy companies and maximise the value of power plants, such as hydropower and CHP power plants. With price volatility in energy markets increasing, it thus becomes imperative to utilise all marketplaces in asset optimisation.
Mika Laakkonen, Head of Physical Trading, Power-Deriva, commented: “With a successful relationship already in place with Hansen and with the exceptional reliability of Hansen Trade, it was an easy decision for us to further expand its scope. The markets we serve are constantly subject to a great degree of change and we are confident that with the support of partners such as Hansen, Power-Deriva is well-positioned to meet the needs of our customers and the challenges of tomorrow.”
Scott Weir, Chief Executive Officer, EMEA, Hansen Technologies, commented: “Expanding the scope of our partnership with Power-Deriva attests to the differentiating value of Hansen Trade in the Nordic region. Our solution enables Power-Deriva to provide value-adding optimisation services for energy companies with hydro-power, CHP or gas turbines. Hansen Technologies is proud to provide our customers with competitive advantages that enable them to optimise critical business operations with modern tools in a rapidly changing and digital environment.”
Run as a cloud-based SaaS (Software as a Service) solution, Hansen Trade fully meets the flexibility and scalability demands of the evolving energy trading market.
For further information about Hansen Technologies, please visit www.hansencx.com.
About Hansen Technologies
Hansen Technologies (ASX: HSN) is a leading global provider of software and services to the energy, water and communications industries. With its award-winning software portfolio, Hansen serves 550+ customers in over 80 countries, helping them to create, sell, and deliver new products and services, manage and analyze customer data, and control critical revenue management and customer support processes.
For more information, visit www.hansencx.com
Power-Deriva provides corporate and institutional clients operating on wholesale markets with electricity procurement, portfolio management, derivative trading and consultancy services related to electricity markets. Our purpose is to offer services with the best standard of reliability and quality in the sector. For more information, visit https://power-deriva.fi/.
Senior Corporate Communications Manager