Italian energy giant, Enel, has purchased software from Powel to increase the revenues from power generation. Powel is the largest software company within industrial IT in Norway and has strongly expanded its business in the European energy sector during the last decade.<\/p>\n\n\n\n
With an annual production of 250 TWh, Enel is one of the largest energy companies in the world. The Italian energy company has 73 million end-users around the world and an annual revenue of \u20ac75.7 billion. \u201cA few percent top-line growth, which is what our software is designed to bring out, represent tremendous values for a company like Enel,\u201d said Trond Straume, CEO at Powel.<\/p>\n\n\n\n
The contract confirms Powel\u2019s position as a market leader. Powel is a leading provider of software solutions for forecasting, optimisation, production planning, energy trading and scheduling in Europe and is owned by the industrial investment company, Arendal Fossekompani. <\/p>\n\n\n\n
\u201cThis strategic contract confirms Powel\u2019s position as a market leader for power production optimisation and trading and is another confirmation that our solutions have great international potential,\u201d said Straume.<\/p>\n\n\n\n
Powel will provide software to forecast and optimise Enel\u2019s power generation in Italy, both hydropower and thermal power generation, as well as wind power, solar power and batteries in the different Italian power markets. This portfolio consists of around 700 production units, out of which around 200 flexible hydropower plants and 50 flexible thermal power plants. Powel will also provide software for optimisation, trading and market communication for Enel\u2019s renewable power generation worldwide.<\/p>\n\n\n\n
An innovative software is required to adapt to changes<\/strong><\/p>\n\n\n\n \u201cThis is the largest contract in Powel’s history. The contract with Enel means a lot to us both in terms of market visibility and for further development of our products. We expect further growth in Europe,\u201d said Straume.<\/p>\n\n\n\n The Italian market framework is changing rapidly and Enel needs software solutions to catch new opportunities of value creation in an increasingly competitive environment. Enel aims at maximising the value of its assets against the different markets and chose to collaborate with Powel.<\/p>\n\n\n\n \u201cThe adoption of the Powel software aims at increasing revenues from the asset-backed trading system portfolio. The competences of Powel and the capabilities of the solution are the most important reasons why we decided on Powel as a partner,” said Marco Virgili, Head of Energy Management Digital Factory at Enel.<\/p>\n\n\n\n \u201cSustainability is key to Powel\u2019s and Enel\u2019s business. Our shared values will facilitate collaboration and increase the success,\u201d said Straume. <\/p>\n","protected":false},"excerpt":{"rendered":" Italian energy giant, Enel, has purchased software from Powel to increase the revenues from power generation. Powel is the largest software company within industrial IT in Norway and has strongly expanded its business in the European energy sector during the last decade. With an annual production of 250 TWh, Enel is one of the largest […]<\/p>\n","protected":false},"author":21,"featured_media":37277,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[33,36,12,15,62,29,93,24],"tags":[5387,14363],"class_list":["post-37276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-green","category-italy","category-netherlands","category-regional-news-newsletter","category-software","category-top-stories","category-used","tag-enel","tag-powel"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/37276","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/comments?post=37276"}],"version-history":[{"count":4,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/37276\/revisions"}],"predecessor-version":[{"id":37302,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/37276\/revisions\/37302"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media\/37277"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media?parent=37276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/categories?post=37276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/tags?post=37276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}