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Norway’s Aneo Partners with Hansen to Automate Ancillary Market-Trading Operations

Aneo is on a journey to transition from a regional power producer to a Nordic renewables entity; trading with Hansen Trade is an essential enabler for this transition as it seeks innovative energy solutions, making things easy for customers and contributing to faster electrification.

April 14, 2025 – Hansen Technologies (ASX:HSN), a global provider of software and services to the energy, utilities, communications, and media industries, is pleased to announce a new partnership with Trondheim-based Nordic renewables group Aneo. As part of the agreement, Aneo will leverage the modular capabilities of the Hansen Trade energy-trading platform to automate and optimise operations in the Ancillary Services market.

Aneo will leverage the Regulating Power module to operate in the Finnish ancillary market for mFRR (manual Frequency Restoration Reserve) services. This module enables fast market access and efficient operation. With a switch to EAM-based mFRR functionality scheduled for March 2025, Aneo is positioning itself for a seamless transition to an even more advanced and efficient trading system.

Hilde Landsem, EVP of Energy Markets at Aneo, commented: “Our evaluation process convinced us that Hansen Trade’s comprehensive features, coupled with a modular approach, would enable us easy and fast market access to ancillary markets in Finland. An innovative approach combining a modern and modular architecture was an important decision criterion for us to meet our extensive growth ambitions for energy market services in the Nordics. We believe that Hansen Trade is an agile solution supporting us with a critical part of our trading toolset.”

David Castree, President of Energy & Utilities at Hansen, commented: “We are delighted to commence this partnership with Aneo and to see the continued positive reception of our innovative energy-trading solution across the Nordic region and Europe. With dynamic market forces and a changing regulatory landscape in the Nordic region, Hansen Trade empowers companies such as Aneo to optimise their operations with unparalleled agility and confidence.”

Part of the Hansen Suite for Energy & Utilities, Hansen Trade is a fully modular, Cloud-native software platform that enables trading organisations to transform their business performance, leveraging a next-generation analytics-driven logic engine to automate, optimise, and maximise all asset classes in the short-term wholesale physical power trading and auction marketplaces, as well as for ancillary services. Accelerated time-to-market and continuous market and regulatory compliance make Hansen Trade the complete trading solution.

For more details, visit the Hansen Trade product page.

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About Hansen Technologies
Hansen Technologies (ASX: HSN) is a leading global software and services provider for the energy, utilities, communications, and media industries. Hansen serves customers in over 80 countries, helping them to deliver new products and services, manage and analyse customer data, and control critical revenue management and customer support processes.

For more information, visit www.hansencx.com  

About Aneo
Aneo is a leading renewable energy entity in the Nordics, with energy market services of over  2400MW of installed capacity. It also has a strategy to invest heavily in growing renewable energy production, electrification, and energy efficiency. Aneo monitors and controls production facilities 24/7, manages both the physical and financial trading of power generation and consumption and assists power plant owners in maximising value creation. With the desire to be a driving force in the green shift and the will and investment power to develop new, green value chains, Aneo believes new ways of thinking are the key to solving the significant challenges we face.

For more information, visit https://www.aneogroup.com/