Heidelberg Materials Hellas and Sympower optimise Greece’s balancing markets
Published by Evie Gardner,
Editorial Assistant
World Cement,
Sympower, a leading independent flexibility services provider, and Heidelberg Materials Hellas, one of Greece’s most prominent cement production companies, are working together to unlock and monetise the inherent flexibility of Heidelberg Materials Hellas’ energy-intensive equipment.
With already 1.3 GW of flexibility capacity across Europe, Sympower’s demand response services significantly contribute to Greece’s balancing markets.
The partnership between Sympower and Heidelberg Materials Hellas marks a significant step in accelerating Greece's energy transition and strengthening its electricity grid. By utilising three of Heidelberg Materials Hellas’ cement mills and one of its raw mills, Sympower will optimise its energy flexibility and provide its capacity to Greece’s balancing markets. Using its AI-driven platform, Sympower ensures that these assets are optimised for profitability, minimising the impact on the daily functions of Heidelberg Materials Hellas’ operations.
Heidelberg Materials Hellas’ assets will contribute several megawatts of capacity to help stabilise Greece’s energy grid during peak demand periods and support the country’s journey towards establishing a resilient, future-ready energy infrastructure. In addition, Heidelberg Materials Hellas' active participation in demand response brings Sympower’s total capacity to 70 MW provided in Greece.
As the first independent aggregator to go live in Greece, Sympower is at the forefront of transforming the Greek energy landscape.
"Innovative demand-response services have the potential to revolutionise the way businesses such as Heidelberg Materials Hellas manage and consume energy. This partnership is enabling us to shape a more dependable energy network benefiting industrial businesses and energy consumers alike”, said Sympower’s Greek Commercial Manager, Kostas Athanasopoulos. “We are thrilled to partner with Heidelberg Materials Hellas and further extend our services within Greece to contribute substantially to the country’s energy sector. This collaboration is a testament to our commitment to pioneering renewable energy transition across Europe", he added.
"This strategic partnership allows us to optimise our energy consumption patterns, unlock new revenues and strengthen our operational resilience. By working together with Sympower, we can ensure that the assets we’ve agreed to connect to the balancing market are optimised and that our normal processes are as little impacted as possible", commented Heidelberg Materials Hellas’ Plant Manager, Dimitrios Lianos.
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Read the article online at: https://www.worldcement.com/europe-cis/10042024/heidelberg-materials-hellas-and-sympower-optimise-greeces-balancing-markets/
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