E-boiler with Storage
Hytrade powers Lahti Energia Oy: Significant value creation by optimizing heat boilers – new tool developed together to respond to changing power markets
Hytrade conducted a pilot project for Lahti Energia to implement an advanced decision-making tool for optimizing their energy sourcing strategies across traded electricity markets. Optimisation and power trading are particularly crucial for assets like electric boilers, which are highly flexible in power markets and offer significant savings potential when managed intelligently.
“We partnered with Hytrade because we want to ensure that our new electric boiler will be operated as efficiently as possible. Hytrade’s expertise and the solution they offered proved to be exactly what we needed. Hytrade makes development in optimisation and trading related areas that Lahti Energia feels are very important and the importance of those has been validated during the pilot. The Hytrade team was highly professional and communication was open. We are very satisfied with the results achieved and see great potential to continue our cooperation with Hytrade.” says Eero Kaartokallio, Energy trade manager, Lahti Energia.
“Our collaboration with Lahti Energia has been a prime example of how modern solutions can transform energy trading. The solution we built has demonstrably led to value creation for Lahti Energia already now and we have several improvement ideas on our task list. We were very pleased with the collaboration with Lahti as they had an active and curious approach and put an effort on giving feedback. We look forward to continuing this fruitful partnership.” adds Anne Särkilahti, CEO and founder of Hytrade.
This project received financing from Business Finland.