EDM helps the customer store, validate, analyze, and report all energy-related data and messages.
06 June 2023
Trailstone Group (Trailstone) chooses Energy & Utilities’ new cloud-native Energy Data Management system (EDM) for Imbalance Settlement in Sweden, Finland, and Norway. Trailstone will also act as a Balance Responsible Party (BRP) in all these countries for its customers’ wind parks and solar farms. EDM helps the customer store, validate, analyze, and report all energy-related data and messages.
The energy industry is undergoing an unprecedented transformation towards renewable production and reaching climate targets. The change requires a comprehensive understanding and utilization of energy data. Trailstone is a global energy and technology company, operating at the intersection of renewable and conventional power. They were looking for a partner for fast implementation of a BRP solution in the Nordics and business knowledge in the Nordic energy market.
“We’re proud to partner with Tietoevry to enhance our energy data management capabilities for our customers participating in the Nordic power markets,” said Per Arne Austli, Director Origination Nordics, at Trailstone. “Accessing deeper insights into energy data will expand our ability to help asset owners in the Nordics minimize risk and optimize returns as markets evolve.”
“We are eager to support Trailstone in its digitalization journey. Energy data management is a crucial aspect of all energy management. It improves the customer’s operational and energy efficiency, reduces costs, and offers real-time data that helps them to make the right decisions and further develop their operations," says Niko Jauhiainen, Head of Asset & Data Solutions, Energy & Utilities, Tietoevry Industry.
For further information, please contact:
Jyri Kivinen, Head of Energy & Utilities, Tietoevry Industry, jyri.kivinen@tietoevry.com, mobile +358 40 140 7863
Rebecca Collins, Antenna Group on behalf of Trailstone, trailstone@antennagroup.com
About Tietoevry and Trailstone
Tietoevry creates purposeful technology that reinvents the world for good. We are a leading technology company with a strong Nordic heritage and global capabilities. Based on our core values of openness, trust and diversity, we work with our customers to develop digital futures where businesses, societies, and humanity thrive.
Our 24,000 experts globally specialize in cloud, data, and software, serving thousands of enterprise and public-sector customers in more than 90 countries. Tietoevry’s annual turnover is approximately EUR 3 billion and the company’s shares are listed on the NASDAQ exchange in Helsinki and Stockholm, as well as on Oslo Børs. www.tietoevry.com
Trailstone is a global energy trading and renewable asset management firm that provides risk management and energy optimization to improve production and financial returns. The company offers a fully automated end-to-end renewable power management platform, backed by a successful track record in energy trading. Trailstone’s proprietary technology leverages data analytics and meteorology to offer robust modeling, forecasting and trading capabilities to its clients. Trailstone was founded in April 2013. To date, Trailstone has helped optimize more than 18,000 MWs of renewable energy assets and operates in 20 countries. Learn more at www.trailstonegroup.com