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Downing to Digitalise 32 Hydropower Plants Across Sweden
2/9/24
5 min
Renewable energy
News
Investment manager Downing, a key player in the renewable energy sector, and HYDROGRID, announce their collaboration to enhance the operational efficiency and sustainability of Downing's hydropower operations in Sweden. This strategic partnership aims to optimise Downing's portfolio of 32 hydropower plants, integrating cutting-edge technology to enhance performance and automation.
Together with HYDROGRID, Downing will focus on implementing a mix of modules, ranging from full cascade optimisation to plant connection with basic inflow integration. The project is set to kick off in September 2024.
From pilot plant to full portfolio roll-out
Ulf Wennilsjo, Portfolio Manager and GM of Downing Sweden, said: "HYDROGRID's technology is a cornerstone of our digitalisation journey, making our small-scale cascades future-ready. Our collaboration will leverage HYDROGRID Insight to optimise a 45MW fleet comprising of 32 power plants, including the Norsälven Cascade, which served as a proof of concept over the past year."
Janice Goodenough, CEO of HYDROGRID, said: "Starting with Norsälven Cascade, and moving forward to the full portfolio, Downing has renewed and amplified trust in our collaboration, focusing on automation and digitalisation across their hydro fleet. We are honoured to support Downing reach this goal and look forward to celebrating each milestone along the way.”
The advanced water management platform is set to complement the acceptance of the first Downing HPP into the capacity market under FCR-N and FCR-D. Additionally, Downing will work closely with OneNordic for operations and maintenance, ensuring seamless data communication and operational excellence.
The development is particularly relevant for the European energy market landscape, as increasing flexibility of hydropower production and dispatch has never been more critical. The optimisation of small hydropower through digitalisation and automation represents a significant shift in how hydropower operators can gain a competitive advantage across all energy markets.
Find out more about our Energy and Infrastructure team here.
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Investment manager Downing, a key player in the renewable energy sector, and HYDROGRID, announce their collaboration to enhance the operational efficiency and sustainability of Downing's hydropower operations in Sweden. This strategic partnership aims to optimise Downing's portfolio of 32 hydropower plants, integrating cutting-edge technology to enhance performance and automation.
Together with HYDROGRID, Downing will focus on implementing a mix of modules, ranging from full cascade optimisation to plant connection with basic inflow integration. The project is set to kick off in September 2024.
From pilot plant to full portfolio roll-out
Ulf Wennilsjo, Portfolio Manager and GM of Downing Sweden, said: "HYDROGRID's technology is a cornerstone of our digitalisation journey, making our small-scale cascades future-ready. Our collaboration will leverage HYDROGRID Insight to optimise a 45MW fleet comprising of 32 power plants, including the Norsälven Cascade, which served as a proof of concept over the past year."
Janice Goodenough, CEO of HYDROGRID, said: "Starting with Norsälven Cascade, and moving forward to the full portfolio, Downing has renewed and amplified trust in our collaboration, focusing on automation and digitalisation across their hydro fleet. We are honoured to support Downing reach this goal and look forward to celebrating each milestone along the way.”
The advanced water management platform is set to complement the acceptance of the first Downing HPP into the capacity market under FCR-N and FCR-D. Additionally, Downing will work closely with OneNordic for operations and maintenance, ensuring seamless data communication and operational excellence.
The development is particularly relevant for the European energy market landscape, as increasing flexibility of hydropower production and dispatch has never been more critical. The optimisation of small hydropower through digitalisation and automation represents a significant shift in how hydropower operators can gain a competitive advantage across all energy markets.
Find out more about our Energy and Infrastructure team here.
Share
Investment manager Downing, a key player in the renewable energy sector, and HYDROGRID, announce their collaboration to enhance the operational efficiency and sustainability of Downing's hydropower operations in Sweden. This strategic partnership aims to optimise Downing's portfolio of 32 hydropower plants, integrating cutting-edge technology to enhance performance and automation.
Together with HYDROGRID, Downing will focus on implementing a mix of modules, ranging from full cascade optimisation to plant connection with basic inflow integration. The project is set to kick off in September 2024.
From pilot plant to full portfolio roll-out
Ulf Wennilsjo, Portfolio Manager and GM of Downing Sweden, said: "HYDROGRID's technology is a cornerstone of our digitalisation journey, making our small-scale cascades future-ready. Our collaboration will leverage HYDROGRID Insight to optimise a 45MW fleet comprising of 32 power plants, including the Norsälven Cascade, which served as a proof of concept over the past year."
Janice Goodenough, CEO of HYDROGRID, said: "Starting with Norsälven Cascade, and moving forward to the full portfolio, Downing has renewed and amplified trust in our collaboration, focusing on automation and digitalisation across their hydro fleet. We are honoured to support Downing reach this goal and look forward to celebrating each milestone along the way.”
The advanced water management platform is set to complement the acceptance of the first Downing HPP into the capacity market under FCR-N and FCR-D. Additionally, Downing will work closely with OneNordic for operations and maintenance, ensuring seamless data communication and operational excellence.
The development is particularly relevant for the European energy market landscape, as increasing flexibility of hydropower production and dispatch has never been more critical. The optimisation of small hydropower through digitalisation and automation represents a significant shift in how hydropower operators can gain a competitive advantage across all energy markets.
Find out more about our Energy and Infrastructure team here.
Share
Investment manager Downing, a key player in the renewable energy sector, and HYDROGRID, announce their collaboration to enhance the operational efficiency and sustainability of Downing's hydropower operations in Sweden. This strategic partnership aims to optimise Downing's portfolio of 32 hydropower plants, integrating cutting-edge technology to enhance performance and automation.
Together with HYDROGRID, Downing will focus on implementing a mix of modules, ranging from full cascade optimisation to plant connection with basic inflow integration. The project is set to kick off in September 2024.
From pilot plant to full portfolio roll-out
Ulf Wennilsjo, Portfolio Manager and GM of Downing Sweden, said: "HYDROGRID's technology is a cornerstone of our digitalisation journey, making our small-scale cascades future-ready. Our collaboration will leverage HYDROGRID Insight to optimise a 45MW fleet comprising of 32 power plants, including the Norsälven Cascade, which served as a proof of concept over the past year."
Janice Goodenough, CEO of HYDROGRID, said: "Starting with Norsälven Cascade, and moving forward to the full portfolio, Downing has renewed and amplified trust in our collaboration, focusing on automation and digitalisation across their hydro fleet. We are honoured to support Downing reach this goal and look forward to celebrating each milestone along the way.”
The advanced water management platform is set to complement the acceptance of the first Downing HPP into the capacity market under FCR-N and FCR-D. Additionally, Downing will work closely with OneNordic for operations and maintenance, ensuring seamless data communication and operational excellence.
The development is particularly relevant for the European energy market landscape, as increasing flexibility of hydropower production and dispatch has never been more critical. The optimisation of small hydropower through digitalisation and automation represents a significant shift in how hydropower operators can gain a competitive advantage across all energy markets.
Find out more about our Energy and Infrastructure team here.
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Downing LLP does not provide advice or make personal recommendations and investors are strongly urged to seek independent advice before investing. Investments offered on this website carry a higher risk than many other types of investment and prospective investors should be aware that capital is at risk and the value of their investment may go down as well as up. Any investment should only be made on the basis of the relevant product literature and your attention is drawn to the risk, fees and taxation factors contained therein. Tax treatment depends on individual circumstances of each investor and may be subject to change in the future. Past performance is not a reliable indicator of future performance. Downing LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 545025). Registered in England No. OC341575. Registered Office: Downing, 10 Lower Thames Street, London, EC3R 6AF.
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