Automous and Enico to cooperate. Multi-market optimization improves returns from the market.
Automous signs a contract with Enico for multi-market optimization of Enico’s fleets of large-scale battery storages. Enico trades batteries in Finland’s reserve power markets. Enico also markets and sells Automous’ forecasting based optimization service to its end customers. The contract is for a five-year initial period.
Our collaboration started 20 months ago when Automous was still a research project in Aalto University. Enico was one of our first industry proof of concept (PoC) partners. We thank Enico`s Anssi Seilo for numerous iterations of the product concept and scope, as well as for helping identify the right level of technical sophistication expected from a commercial product.
Enico has been a good collaborator every step of the way as we have raised the technology readiness level of our product-service from a lab prototype to commercial B2B SaaS – and is now our first paying customer. We are very happy about this, and we look forward to exploring further business opportunities to commercialize Automous’ multi-market optimization capabilities for different kinds of large-scale energy storages and co-located assets in the future.”
More information:
Automous Oy
Taneli Hölttä, CEO, Co-founder
+358 50 470 0386
Enico Oy
Marko Lähteenmäki, CEO
+358 40 542 4374
Enico’s own Energy Management Service offers access to various marketplaces in addition to controlling and managing the energy storage itself. Automous adds predictability to the EMS service.
