RWE uses Powel’s hydropower optimisation

Powel is proud to announce that RWE Supply & Trading GmbH has joined our growing list of German clients. The leading European Energy Trader is a subsidiary of RWE and manages the Commercial Asset Optimisation (CAO) of RWE’s entire European power plant fleet. The RWE group has three operating divisions – Lignite & Nuclear, European Power (gas, coal, hydro and biomass) and Supply & Trading. RWE has chosen Powel’s Smart Energy platform delivered as a Software-as-a-Service (SaaS) solution to help them optimise usage of their flexible hydropower plants. Utilising the flexibility of their hydropower assets in an optimal manner is an extremely challenging task with substantial economic consequences. The company needed this tool to improve the management of pump-storage units, and the pricing of the available asset flexibility. “RWE is committed to an energy transition with security of supply. The platform from Powel will allow us to handle fluctuations in the power market much more efficiently. An additional goal with the implementation is to greatly improve our economic utilisation of the physical capabilities of our hydro fleet.” says Heribert Kresse at RWE Supply & Trading. Powel will deliver Smart Energy modules for optimisation of their pumped storage hydropower plants. This… continue reading

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Source: CTRM Center

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