INTELLIGENT BRANDS // Green Technology
Italian energy giant signs strategic
partnership contract with Powel
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I
talian 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 energy companies in
the world. The Italian energy company has
73 million end-users around the world and
an annual revenue of €75.7 billion. “A few
percent top-line growth, which is what our
software is designed to bring out, represent
tremendous values for a company like Enel,”
said Trond Straume, CEO at Powel.
Powel is a leading provider of software
solutions for forecasting, optimisation,
www.intelligentcio.com
production planning, energy trading
and scheduling in Europe and is owned
by the industrial investment company,
Arendal Fossekompani.
POWEL WILL
PROVIDE SOFTWARE
TO FORECAST
AND OPTIMISE
ENEL’S POWER
GENERATION IN
ITALY.
“This strategic contract confirms Powel’s
position as a market leader for power
production optimisation and trading and is
another confirmation that our solutions have
great international potential,” said Straume.
Powel will provide software to forecast
and optimise Enel’s 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
are flexible hydropower plants and 50 are
flexible thermal power plants. Powel will also
provide software for optimisation, trading
and market communication for Enel’s
renewable power generation worldwide. n
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