Spring in a nutshell
Fortum Spring is a demand response aggregator and operator within Fortum. We connect flexible assets and batteries to our platform and provide this harnessed capacity to various energy markets, including ancillary services, via Fortum’s trading system. By utilising the already existing assets for balancing services, we can create additional revenue streams for the asset owner and help the increased renewable production to integrate better to our energy system.
+2000 connected units
+100 MW of contracted flexible electrical loads
Our core segments
Energy storages
Energy storage is a highly versatile asset that can support in variable ways, like peak shaving, time of use and SPOT optimization. With deep market knowledge and long experience of optimizing batteries to demand response markets we can provide you with additional stacked stream of revenue to reduce payback time of battery storage investment.
Read more about the globally unique model in which the market and regulatory requirements are met, in the case with the DSO Elenia.
Distributed assets
We provide access to market for OEM’s and system integrators/technical aggregators. In order to connect smaller residential assets, we work in collaboration with our new business unit called Hiven.
Energy storages
Energy storage is a highly versatile asset that can support in variable ways, like peak shaving, time of use and SPOT optimization. With deep market knowledge and long experience of optimizing batteries to demand response markets we can provide you with additional stacked stream of revenue to reduce payback time of battery storage investment.
Read more about the globally unique model in which the market and regulatory requirements are met, in the case with the DSO Elenia.
Distributed assets
We provide access to market for OEM’s and system integrators/technical aggregators. In order to connect smaller residential assets, we work in collaboration with our new business unit called Hiven.
Our business model
Our business is based on partnerships. In our business model, we generate new value that we then share with the customer. And since the customer owns the asset, we think that it’s only fair that the customer gets the biggest share of the generated value. We work closely with our customers to generate as much value as possible without harming the original purpose of customer's asset. Because we aspire to be a trustworthy partner to our customer, we are 100% transparent about the value that we generate.
Extra revenue for the greenhouse through demand response in the heating system
Fluctuating energy prices encouraged Sigg-Plant nursery to invest in new electric boilers as part of the greenhouse heating system. With Fortum Spring, the boilers also provided a new source of income.
Contact us
Antti Mäkinen
Business Development Manager, Finland
Tel: +358 46 5000 4660
antti [dot] makinen [at] fortum [dot] com
Mui Nguyen
Business Development Manager, Sweden
Tel: +46 72 210 8361
mui [dot] nguyen [at] fortum [dot] com