Forward IT

⚡ Te ir darbs! Aicinām pievienoties Datu zinātnieku. Prasības: - Pieredze darbā ar R un Oracle DWH - Augstākā izglītība inženierzinātnēs - Teicamas latviešu valodas prasmes Pienākumi: - Datizrāce un pazīmju inženierija - Mašinmācīšanas modeļu apmācība un validācija - Rezultātu vizualizācija - Komunikācija ar klientiem Atalgojums: ⚡2500-3700 EUR bruto Pieteikšanās: ⚡hr@forwardit.lv

Research Project ZP15 “EMS (Energy Management System) for Increasing the Economic Efficiency of Biomass CHP Plants with BESS” 🔋 On October 1, a research project was launched with the goal of developing and commercializing an integrated smart energy management system (EMS) combined with a battery energy storage system (BESS), tailored to the needs of biomass cogeneration (CHP) plants in Latvia’s forestry and wood processing sectors. The solution aims to optimize electricity and heat production, reduce self-consumption costs, improve energy efficiency, and enable more flexible operation in the energy market ⚡ Project Implementation Period: 01.10.2025 – 31.09.2026 Total Project Cost: EUR 175,350.00 Recovery Fund Co-financing: EUR 127,394.00 The research project is implemented within the framework of the “Forest Industry Competence Centre – Energy Efficiency” initiative under the Investment Measure 1.2.1.2.i.2 “Development of Innovative Products and Technologies” of the Recovery and Resilience Facility (RRF) plan, carried out by SIA “Meža nozares kompetences centrs.” Investment Project ID: No. 1.2.1.2.i.2/1/24/A/CFLA/001

Research Project No. 1.8 “Software and IoT Solution Ensuring Synchronized Operation of BESS Equipment with NordPool” 🔋 On October 1st, a research project was launched with the goal of developing an innovative BESS (Battery Energy Storage System) solution featuring a control algorithm tailored for local electricity balancing 🇱🇻 The solution will be compatible with Nord Pool and Augstsprieguma tīkls AS requirements, ensuring efficient response to market and grid signals. Project Implementer: SIA “Forward IT Consulting” in cooperation with SIA “HANSAB” Project Implementation Period: 01.10.2025 – 31.09.2026 Total Project Cost: EUR 212 665.00 Recovery Fund Co-financing: EUR 122 973.50 The project is co-financed by the Recovery and Resilience Facility of the European Union under Investment 2.2.1.3.i – “Support for the Introduction of New Products and Services in Enterprises”, implemented within Reform and Investment Priority 2.2 – “Digital Transformation and Innovation of Enterprises” of the Latvian Recovery and Resilience Mechanism Plan (RRP).

The imbalance prices in the Baltics 🇱🇻🇱🇹🇪🇪 have been unusual for a while, but the last couple of weeks have been exceptional💰 Estonia’s local marginal price for manually activated frequency restoration reserves (mFRR) showed anomalous volatility: –4473 EUR/MWh on Sunday, Aug 3 2025 +9999 EUR/MWh on Monday, Aug 4 2025 between 19:15–19:30 –15 EUR/MWh in the next quarter-hour Such fluctuations are far outside the typical range seen in mFRR market, and according to Elering, are mainly linked to offers from a single Latvian market participant, so Elering has raised the issue with Augstsprieguma tīkls AS (Latvia’s TSO) and market supervision. Elering explains that although there are sufficient total reserves, the scarcity of divisible bids means the system operator sometimes has to activate costly offers, which increases volatility. Estonia’s Competition Authority has stated that any potential market manipulation here falls under Latvia’s jurisdiction, with ongoing cross-border regulatory cooperation. The joint Baltic frequency reserves market, launched in February 2025 ahead of desynchronization from the Russian grid, is designed to keep the system frequency at 50 Hz. This raises the question: Does the Baltic reserve market need tighter supervision and control mechanisms?

Electricity market forecasting is not only about physical energy ⚡ Human energy is a factor should not be neglected! Yesterday's ⚽ UEFA finals is a great example of that - showing electricity demand fluctuations tied to...a soccer event. Take a look at how demand for electricity in Great Britain fluctuated during last night’s final vs Spain. 🇬🇧🇪🇸 1. Demand increased to 400MW at half time - when everyone stepped out for a cup of tea or to cook something. Here where BESS come to play! 2. As the second half kicked off, demand fell, as people returned to watching TV. 3. After Chloe Kelly scored the winning penalty, demand for electricity increased by 150MW as the celebrations began. It is great to see ancillary services effectively keeping up with intraday fluctuations. The real hero behind the scenes are batteries - BESS able to quickly step in the right moment.