Forward IT’s Post

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).

  • No alternative text description for this image

To view or add a comment, sign in

Explore content categories