Småkraft AS partners with HYDROGRID to enhance hydropower efficiency

Småkraft AS partners with HYDROGRID to enhance hydropower efficiency

Småkraft AS announces a strategic collaboration with HYDROGRID to further optimize the efficiency and sustainability of Småkraft’s hydropower operations by leveraging the real-time predictive planning technology embedded in HYDROGRID Insight.

Småkraft AS owns and operates a network of 221 small hydropower plants in Norway and Sweden. In an average year, Småkraft produces 2 TWh of renewable hydroelectric power, with the goal to increase this to 3 TWh by 2027.

This collaboration entails the optimization of four cascades of hydropower plants and two standalone storage hydropower plants. In total, 16 facilities in Norway and Sweden will undergo refinement using the HYDROGRID Insight production planning solution.

Småkraft AS said, in the current energy landscape, optimizing existing resources is paramount for a sustainable future.

“After a successful pilot phase, Småkraft concluded that HYDROGRID could easily integrate with our existing IT & SCADA system, an environment that allows us to handle more than 200 plants in parallel with a very lean organizational setup,” said Terje Vedeler, chief executive officer of Småkraft AS. “This collaboration fully aligns with our core mission of harnessing the potential of hydropower for local communities while adhering to environmentally responsible practices.”

The HYDROGRID Insight production planning solution combines machine learning algorithms for inflow and power price forecasting with intelligent optimization across the short-, medium- and long-term horizon for run-of-river, pondage, storage, and cascade hydro assets.