Fortum Optimizer
Fortum Optimizer
The future of energy management for businesses
Energy has become a key strategic issue for a growing number of companies. The electrification of industry, rising energy costs and demands for sustainability means that the need for control, flexibility and expertise has never been greater. That is why Fortum is now launching Fortum Optimizer – a new service that helps companies understand the potential of their current and future electricity use, invest in the right technology to maximize value and optimize their electricity use in real time with smart control.
With Fortum Optimizer your company gets:
A trustworthy energy partner with a strong brand and a long experience within the energy market
An energy partner for all of your energy needs - everything gathered on the same invoice
A one-stop shop for flexibility and optimization, no matter where you are on your electrification journey
How does Fortum Optimizer work?
Making sense of energy opportunities
Optimizer’s pre-study helps you understand which energy infrastructure is most suitable based on your current and future business needs.
Make investment decisions with confidence
A tailored pre-study estimates the business potential for the company, so that you can understand the costs required (necessary capital investments) and the value that will be created.
Secure lower energy costs and reduced exposure to volatile prices
The Optimizer platform coordinates and controls your flexible energy assets, shifts the load to cheaper hours and cuts power peaks to reduce grid charges.
Increase revenue from your flexible energy assets
Optimizer trades your company's flexible energy assets on various flexibility markets to create additional revenue streams.
Increased self-sufficiency with energy produced from low carbon sources
Local electricity production – for example from solar cells – can, in combination with batteries, contribute to a higher degree of self-sufficiency.
How does Fortum Optimizer help?
Lowers your energy costs through smart planning and management
Creates new revenue streams for your company from participation in the energy markets
Increases your autonomy- and your operational independence
Improves your energy performance and your sustainability work
Frees up capacity for electrification and further development
Which companies can use Fortum Optimizer?
Fortum Optimizer is for companies where electricity plays a significant role in their operations, and who want to have better control over it.
Companies that should use Fortum Optimizer are companies that...
electrify their processes
have challenges with volatile electricity prices
have invested in electricity production, like wind and solar, and want to improve profitability
have intensive electricity consumption, high power peaks, and/or lack of power in the electricity grid
have invested in flexible energy assets and want to optimize them through Fortum
What does the service consist of?
The service is built on three interacting parts:
First, Fortum helps you analyze your company's energy needs and identify the potential in, for example, solar energy or battery storage. It's about creating clear business cases that show what different investments actually mean - both financially and operationally.
Then, we make sure that the right technology is in place. Through our network of partners, you can get help investing in and installing solar panels, batteries or other equipment required to create a flexible system that suits your needs and wishes.
But it's in the third part that Fortum Optimizer really shows its strength: the daily operation and real-time optimization. By connecting energy assets, such as solar panels and batteries, to our optimization platform, you can benefit from advanced logic that automatically switches between self-production, storage and purchasing - all to reduce costs and risks linked to the volatility of electricity prices and create new revenue streams from flexibility markets.
How does Fortum Optimizer combine behind-the-meter optimization with participation in flexible markets?
Behind the meter optimization
Based on the cost structure of your site, our optimization engine finds the optimal utilization of flexible resources on the site. Every operating quarter, a new schedule is created for how each unit should be used, to lower power costs, handle excess production or improve electricity trading costs.
Combined optimization with energy markets
Every quarter and hour, our optimization engine looks for the most optimal use of available energy resources. The result is a mix of participation in external marketplaces and internal optimization, based on what creates the most results at any given moment.
Multi Market Optimization
Our automated bidding engine selects the market that creates the highest value.
✓ FCR-D
✓ FCR-N
✓ mFRR
How does Fortum Optimizer work?
Making sense of energy opportunities
Optimizer’s pre-study helps you understand which energy infrastructure is most suitable based on your current and future business needs.
Make investment decisions with confidence
A tailored pre-study estimates the business potential for the company, so that you can understand the costs required (necessary capital investments) and the value that will be created.
Secure lower energy costs and reduced exposure to volatile prices
The Optimizer platform coordinates and controls your flexible energy assets, shifts the load to cheaper hours and cuts power peaks to reduce grid charges.
Increase revenue from your flexible energy assets
Optimizer trades your company's flexible energy assets on various flexibility markets to create additional revenue streams.
Increased self-sufficiency with energy produced from low carbon sources
Local electricity production – for example from solar cells – can, in combination with batteries, contribute to a higher degree of self-sufficiency.
How does Fortum Optimizer help?
Lowers your energy costs through smart planning and management
Creates new revenue streams for your company from participation in the energy markets
Increases your autonomy- and your operational independence
Improves your energy performance and your sustainability work
Frees up capacity for electrification and further development
Which companies can use Fortum Optimizer?
Fortum Optimizer is for companies where electricity plays a significant role in their operations, and who want to have better control over it.
Companies that should use Fortum Optimizer are companies that...
electrify their processes
have challenges with volatile electricity prices
have invested in electricity production, like wind and solar, and want to improve profitability
have intensive electricity consumption, high power peaks, and/or lack of power in the electricity grid
have invested in flexible energy assets and want to optimize them through Fortum
What does the service consist of?
The service is built on three interacting parts:
First, Fortum helps you analyze your company's energy needs and identify the potential in, for example, solar energy or battery storage. It's about creating clear business cases that show what different investments actually mean - both financially and operationally.
Then, we make sure that the right technology is in place. Through our network of partners, you can get help investing in and installing solar panels, batteries or other equipment required to create a flexible system that suits your needs and wishes.
But it's in the third part that Fortum Optimizer really shows its strength: the daily operation and real-time optimization. By connecting energy assets, such as solar panels and batteries, to our optimization platform, you can benefit from advanced logic that automatically switches between self-production, storage and purchasing - all to reduce costs and risks linked to the volatility of electricity prices and create new revenue streams from flexibility markets.
How does Fortum Optimizer combine behind-the-meter optimization with participation in flexible markets?
Behind the meter optimization
Based on the cost structure of your site, our optimization engine finds the optimal utilization of flexible resources on the site. Every operating quarter, a new schedule is created for how each unit should be used, to lower power costs, handle excess production or improve electricity trading costs.
Combined optimization with energy markets
Every quarter and hour, our optimization engine looks for the most optimal use of available energy resources. The result is a mix of participation in external marketplaces and internal optimization, based on what creates the most results at any given moment.
Multi Market Optimization
Our automated bidding engine selects the market that creates the highest value.
✓ FCR-D
✓ FCR-N
✓ mFRR
Fortum Optimizer
A comprehensive offering for efficient electrification
1. Optimizer pre-study
Understand your optimal setup.
Create an understanding of current and future consumption
Identify optimization opportunities
Calculated business case for investments
Impact of volatility exposure
How it works
Install Edge Gateway on your site.
Integration and data collection from your assets.
Your energy resources are optimized in real time, enabling you to achieve cost savings and new revenue streams.
Track your consumption and savings in our portal.
Billed monthly as part of your Fortum invoice.
Here's how it works
Improve your energy performance and lower your costs
Fortum Optimizer maximizes the value of your battery investments. Our platforms connects forecasts, real-time data and smart control to optimize how energy is used, stored and purchased.
Forecast and capacity assurance
We anticipate power and energy needs and ensure that capacity is available to meet the need.
Load Shifting
We help shift consumption from hours with high prices to hours with lower prices.
Peak Shaving
We help reduce power peaks to lower your grid fee.
Optimization of wind and solar
Increases self-use of your produced electricity to reduce transmission fees and taxes.
Fill in your contact details and we'll reach out to tell you more
Additional services
Make your electricity contract even better
Our additional services are designed with the entrepreneur's daily life and values in mind. Do you need more in-depth information on your company's electricity use, or perhaps you want to support the production of electricity from renewable energy sources with guarantees of origin? Customize your electricity contract with our additional services.
