KELAG becomes first Smart Energy customer in Austria

powel-logo

Powel AS is pleased to announce that we have signed an agreement with Austrian energy service provider KELAG, to implement the Powel Smart Energy software suite.

From hydropower forecasting and optimisation to trading, logistics and settlement, Powel has a long history of developing software solutions for the energy business.

The Powel Smart Energy Suite is a complete solution that helps ensure that energy companies get the most out of their resources. It is widely used by hydro-, thermal- and gas power producers in the Nordics and Central Europe.

The suite will support KELAG’s key work processes along their entire value chain, from short- and long-term hydropower generation planning to intraday trading. The company decided on Powel’s software suite software after extensive market evaluation.

“The main reasons for the decision were Powel’s remarkable experience in hydropower optimisation, and the high usability and adaptability of Powel’s software suite to help support our specific work processes,” said Walter Telsnig, Power Portfolio manager at KELAG.

For KELAG, the software will be used to make informed decision for the short-term horizon, reaching from pre-spot and after-spot planning to reserve market bidding and intraday markets. In long-term planning, the suite will be used for investment-, water usage- and availability planning.

“The Smart Energy suite has been developed to offer the flexibility to design specific processes in a software tool that supports the daily work processes of KELAG users, said Nils Olav Tangvik, sales manager Smart Energy at Powel. “Powel will work closely with KELAG, and based on our knowledge from similar Swiss projects we will help them optimise their work processes, allowing KELAG to take full benefits from European power markets.”

This is a very important contract for Powel strategically, with the first Powel Smart Energy customer in Austria being a major hydropower producer like KELAG. Powel’s deployment team will run the primary implementation as a series of on-site workshops in Klagenfurt during the first half of 2015, in tight cooperation with KELAG’s optimisation and power trading experts.

RECENT ARTICLES

5th Edition Connected Africa announces Telecom Innovation & Excellence Awards 2024

Posted on: April 19, 2024

The International Center for Strategic Alliances (ICSA) has announced the 5th Edition Connected Africa- Telecom Innovation & Excellence Awards 2024, set to be held on 22 May 2024 in Johannesburg, South Africa. Under the theme “Building a Connected Global Economy,” the summit aims to influence the telecom in Africa. With a focus on fostering forward-thinking

Read more

Facilio launches refrigerant tracking and leak detection software

Posted on: April 19, 2024

Property operations software firm Facilio has announced the launch of its ready-to-deploy refrigerant tracking and leak detection software solution. This is meant for all grocery and convenience store operators who want to implement an automatic leak detection system to identify and mitigate potential refrigerant leaks to achieve 100% compliance.

Read more
FEATURED IoT STORIES

What is IoT? A Beginner’s Guide

Posted on: April 5, 2023

What is IoT? IoT, or the Internet of Things, refers to the connection of everyday objects, or “things,” to the internet, allowing them to collect, transmit, and share data. This interconnected network of devices transforms previously “dumb” objects, such as toasters or security cameras, into smart devices that can interact with each other and their

Read more

The IoT Adoption Boom – Everything You Need to Know

Posted on: September 28, 2022

In an age when we seem to go through technology boom after technology boom, it’s hard to imagine one sticking out. However, IoT adoption, or the Internet of Things adoption, is leading the charge to dominate the next decade’s discussion around business IT. Below, we’ll discuss the current boom, what’s driving it, where it’s going,

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more