Business Wire

Varberg Energi Selects Hansen to Power Intraday Trading

Share

Hansen Technologies (ASX:HSN), a leading global provider of software and services to the energy, water and communications industries, is pleased to announce Varberg Energi, a Swedish energy company, as a new Hansen customer. Varberg Energi, which has recently added physical-trading operations and balance responsibility to its services, will leverage Hansen Trade to enable this.

The intraday trading solution within Hansen Trade will allow Varberg Energi to automate intraday trading operations and balance management. With Hansen Trade as part of its everyday operating infrastructure, Varberg Energi will be able to take advantage of physical trading operations without the need to spend significant time and effort on manual operations.

Jens Nordberg, Head of Energy Trading, Varberg Energi, commented: “We have recently made a strategic decision to insource physical-trading operations and balance responsibility. Combined with our flexibility portfolio, we believe that this will create the right conditions for us to address imbalances. Therefore, we wanted to select the best possible solution in the market for our intraday trading operations – and with the usability and flexibility of Hansen Trade, combined with its strong track record in power-trading operations in the Nordic region, we were convinced that this was the most compelling option. We believe that Hansen Trade places us in the best possible position during this transitional moment within the company, facilitating a seamless and successful start with our physical trading operations.”

Adam Seskis, Chief Operating Officer and Head of Growth at Hansen, commented: “The pivotal moment that Varberg Energi finds itself in right now, undergoing a major transformation, calls for a versatile and multi-modular solution that can help them navigate this change. We are extremely proud to have been selected by them as part of their transformation journey. Hansen’s Trade platform already empowers many energy companies across the Nordic region – Skelleftea Kraft, Bixia, Vantaa Energy, Tampereen Sähkölaitos, Malarenergi and Jämtkraft, to name a few – to operate with unparalleled agility, and with confidence in their supporting infrastructure. This all-new agreement is further testament to the vital role of Hansen Trade and the unique value of its multi-modular architecture.”

Part of the Hansen Suite for Energy & Utilities, and delivered as a cloud-based SaaS 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

Hansen (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 hundreds of customers in more than 80 countries, helping them to create, sell, and 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 Varberg Energi

Varberg Energi is an energy and broadband group owned by Varberg Municipality, through Varbergs Stadshus AB. The organisation has around 120 employees and turnover in 2022 of approximately SEK 1.2 billion. Its business areas are electricity, district heating, gas, energy optimisation, broadband, internet services and energy solutions such as energy storages, charging infrastructure and solar-cell packages.

The concern for the environment means investing in its own production of renewable energy. As an electricity supplier, Varberg Energi provides electricity from renewable and fossil-free energy sources.

For more information, visit www.varbergenergi.se/

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

Contact information

Megan Rosier
Director, Corporate Communications
+61 411 747471

About Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

(c) 2018 Business Wire, Inc., All rights reserved.

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Mavenir in Collaboration with Intel Delivers Optimised Performance and Power Efficiency for 4G and 5G Open vRAN Solution24.2.2024 12:37:00 CET | Press release

Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces availability of its cutting-edge Open vRAN solution powered by 4th Gen Intel Xeon Scalable processors with Intel vRAN Boost – delivering a cloud-native, high-performance and energy-efficient solution for latency-sensitive and compute-intensive mobile network applications. The move to Intel’s recent processors for vRAN marks the latest solution optimisation for Mavenir, which has driven Open RAN momentum through three generations of Intel Xeon Scalable processors. Mavenir's Open vRAN solution, powered by 4th Gen Intel Xeon Scalable processors with Intel vRAN Boost, offers an exceptional suite of performance, functionality, and integrated artificial intelligence (AI) and machine learning (ML) application for the next generation 4G and 5G networks. Mavenir has built a close and long-standing technology collaboration with Intel, and the adoption of Intel’s processors enables the devel

itel Grand 2024 Brand Launch, the Industry's Biggest Event at the Egyptian Pyramids23.2.2024 18:35:00 CET | Press release

itel, the global leading smart life brand committed to providing affordable and good quality consumer electronic products, is poised to redefine its visual identity with the spectacular launch of its new logo at the iconic Great Pyramids of Giza in Egypt on February 22. This momentous occasion will not only mark a significant evolution in itel’s brand image but also serve as a platform to engage and celebrate with esteemed partners and customers worldwide, especially customers from the Middle East and North Africa region. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240222762808/en/ itel successfully launched its 2024 brand launch event at Egyptian Pyramids (Photo: Business Wire) The unveiling ceremony at the Egyptian Pyramids signifies itel’s commitment not only to technological innovation but also to creating a memorable and immersive experience for attendees. The event will kick off with a breathtaking display of openin

Toshiba at EuroCIS: Delivering Solutions to Empower Retailers to Go Beyond23.2.2024 17:43:00 CET | Press release

At EuroCIS 2024, Toshiba Global Commerce Solutions showcases how retailers can “Create Beyond what’s Possible” to transform retail operations and customer experiences with its innovative solutions portfolio (booth in hall 9 #B42). The international trade fair will take place on February 27-29 in Düsseldorf, Germany. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240223284358/en/ At EuroCIS 2024, Toshiba Global Commerce Solutions will empower retailers to transform their operations and customer experiences with innovative solutions and services. (Photo: Business Wire) “Our unified commerce and self-service solutions help retailers create shopping experiences that go beyond consumer expectations,” says Meike Marquardt, Head of Marketing for Europe, Toshiba Global Commerce Solutions. “With Toshiba Global Commerce Solutions as a trusted partner, retailers have the power to adapt effortlessly to the rapidly changing business need

Adtran confirms compliance with final BABA ruling and continues US investment23.2.2024 17:40:00 CET | Press release

Adtrantoday announced its readiness to support the Broadband Equity Access and Deployment (BEAD) program, welcoming the clarity and guidance provided by the Build America, Buy America (BABA) rule. With its commitment to US-based manufacturing spanning three decades, Adtran is at the forefront of the market with BABA-compliant fiber access solutions ready to enhance nationwide connectivity, economic growth and the digital inclusivity of communities across America. With 42.5 billion USD allocated for grants, the BEAD program aims to connect millions of underserved homes in the USA to high-speed broadband and has a mandate for domestically produced equipment. Adtran will supply BABA-compliant optical line terminals (OLTs), cabinets, ONTs and pluggable optics, providing a comprehensive solution fully ready to meet the needs of the BEAD program. These offerings will soon be showcased on the NTIA’s certification website. This press release features multimedia. View the full release here: htt

Mavenir and Terrestar Solutions Partner to Accelerate Commercial Deployment of 5G New Radio Non-Terrestrial Network23.2.2024 16:49:00 CET | Press release

Mavenir, the cloud-native network infrastructure provider building the future of networks, continues its pioneering leadership in Open RAN with 5G New Radio (NR) Non-Terrestrial-Network (NTN) solutions. The latest initiative is to integrate satellite connectivity for Open RAN terrestrial networks thereby enabling seamless connectivity for users across satellite and terrestrial networks. The project is being delivered in collaboration with Terrestar Solutions, a Canadian based Satellite Operator. Satellite Operators are actively looking at ways to harness 5G NTN capabilities within their network topology, to extend coverage and capacity in areas where traditional terrestrial networks may be economically unfeasible or impractical. Terrestar will launch a new Narrowband IoT (NB-IoT) service offer to the market, evolving to a full 5G Direct to Device (D2D) service by 2025. As the chosen technology supplier, Mavenir will provide the enabling 3GPP standards-compliant Core and O-RAN interface

HiddenA line styled icon from Orion Icon Library.Eye