UPM Energy offers future-proof energy management with BeyondSpot® service

As one of the biggest energy producers in Finland, UPM Energy has been following the changing energy markets closely. Climate change, the growing use of renewable energy, digitalization, upcoming 15-minute balance, growing amount of regulation and energy reporting… There are many risks for industrial companies, but opportunities as well.

UPM Energy wanted to create a future-proof energy management solution to enhance the possibilities of digitalization for energy-intensive businesses facing the transition in energy markets. The new service solution BeyondSpot® by UPM Energy was born.

Key benefits of BeyondSpot®:

• Lower energy costs
• New revenue from energy trading
• Accurate consumption forecasts
• Transparency to energy consumption

In addition to the digital service solution, the customers of BeyondSpot® benefit from the combined energy market and industry experience of UPM Energy. The service supports a full-scale energy optimisation process: including forecasting, adapting energy usage based on flexibilities and selling flexibilities in balancing and intraday markets.

In the beginning of the BeyondSpot® story, the biggest challenge for UPM Energy was to find the right technology tools to integrate all the different data sources from energy market systems to trading tools and industrial automation. UPM Energy decided to proceed with Wapice IoT-TICKET, as it was known to provide great flexibility to integrate different data sources together, innovate new services on top of the data and provide faster time to market, with built-in information security.

“Wapice has been a great partner for our development: they always come up with the right technology solutions for our purpose and they have been teaching us a lot throughout the development of our BeyondSpot® service.”
– Jukka-Pekka Häkli, Project Lead, UPM Energy.

The bioindustry giant is putting a lot of emphasis on data and digitalization – from the factory floor level to all the business applications. UPM has developed a comprehensive digital strategy utilizing internal crowdsourcing. As a company operating with a wide value chain, UPM has a lot of room for different digital solutions and partners, as well.

The current focus of digital strategy is on digitalizing the company’s own business processes, which makes BeyondSpot® by UPM Energy quite a unique development initiative. BeyondSpot® is the first digital service that UPM is offering to the third-party customers. The company has gained experience from their own energy plants and procurement, which is now offered as a service for the customer base.

“We are super proud to have UPM Energy leveraging our cloud-agnostic IoT-TICKET solution to offer this kind of new service for their customers. IoT-TICKET in the energy sector is really a very powerful tool to benefit from the data and optimize the use of assets.”
– Mathias Grädler, Director of International Customer Relations at Wapice.

_{Article image: © UPM Energy}