Merus Power Oyj signs Automous Oy as optimization partner
26.03.2025
Merus Power (HEL: MERUS) has signed a collaboration agreement with Automous and now enters the market with a continually optimized trading service for batteries participating in reserve markets. Merus Power delivers the battery and trading service, and Automous delivers market price forecasting and multi-market bid optimization. See Merus Power’s news item about the first step.
"We evaluated the Automous market forecasting and optimization solutions through long term simulations and an extensive live trial period. After a thorough assessment of their and competing solutions, we were convinced by the forecasting accuracy and trading results of the Automous technology. Our signed partnership with Automous will give Merus Power an edge in the increasingly competitive business of trading large scale battery storages and other flexible assets."- Mikko Marttala, Director, System Deliveries and Services, Merus Power Oyj
“We are glad to expand our sales pipeline in partnership with our first publicly listed customer Merus Power Oyj. Merus Power both utilizes itself our service and sells and markets our solution to their end customers, as part of their trading service. We expect this will help us grow nicely together. In this capacity, Merus Power is a valuable channel partner and direct customer for Automous.”
Taneli Hölttä, Automous CEO and Co-founder