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HELSINKI, March 9, 2022 /PRNewswire/ - Partnering with
CGI (NYSE: GIB) (TSX: GIB.A), Fingrid Datahub Oy successfully
went live with Datahub, Finland's
new centralized information exchange system for the retail
electricity market, on February 21,
2022. It represents a major step in Finland's journey toward a smarter, cleaner
and more flexible energy system. Centralizing approximately 3.8
million energy data points on a single platform accelerates the
speed of information exchange.
Datahub, powered by CGI's Central Market
Solutions (CMS), provides a foundation for smart grids and
smart meters, as well as new services for energy efficiency
monitoring, electric vehicle charging, demand-side energy
management, and distributed electricity generation. It makes it
easier for new retailers and suppliers to enter the market and
enhances the customer experience by providing greater visibility,
allowing customers to compare services and change suppliers
efficiently.
Datahub enables real-time and secure information exchange among
all participants, and benefits from CGI's experience in delivering
14 market systems across 10 countries. Meter data management and
settlement functions are provided by CGI's partner KX to deliver
real-time analytics and data management.
Fingrid and CGI worked seamlessly as a team, along with retail
electricity market parties in Finland, to build Datahub. Approximately 80
electricity retailers and 80 distribution system operators will be
supported.
"The Datahub project began in 2015, and the determined work
of the parties involved has culminated in a successful go-live,"
said Pasi Aho, CEO of Fingrid
Datahub Oy. "We have succeeded in our joint work with various
entities within the energy industry, and the go-live went according
to plan. I would like to thank everyone involved in making this
important change. Without good, seamless collaboration, this would
never have been possible."
CGI and Fingrid will continue to develop Datahub to meet
evolving needs. Datahub will eventually enable the formation of
energy-sharing communities, as well as the introduction in 2023 of
a 15-minute imbalance settlement period. Finland and all of Europe will move to this shorter period to
allow the price of electricity to be valued more accurately to
promote new technology investment and increase
sustainability.
"In an era of climate change and energy transformation, the
smooth functioning of the electricity market and the use of data is
more critical than ever before," said Leena-Mari Lähteenmaa,
President and Managing Director of CGI's operations in Finland. "Datahub is at the digital heart of
the electricity market. In building it, we leveraged our
international experience and expertise in building market platforms
for energy industries in various countries. We congratulate Fingrid
on this ground-breaking success and thank them for their
outstanding collaboration."
All elements of the energy value chain are increasingly
dependent on data that is delivered at pace and
scale. Real-time data is key to facilitating market
transparency, monitoring and collaboration, as well as enabling
market players to move from predicting and planning to sensing
and responding as insights-led organizations. CGI is an
industry leader in central market facilitation with solutions
developed, implemented and operated for a mix of electricity, gas,
water and now hydrogen. For more information, on CGI's experience
and capabilities in digitizing the energy value chain, visit
cgi.com.
About CGI
Founded in 1976, CGI is among the largest
independent IT and business consulting services firms in the world.
With 82,000 consultants and professionals across the globe, CGI
delivers an end-to-end portfolio of capabilities, from strategic IT
and business consulting to systems integration, managed IT and
business process services and intellectual property solutions. CGI
works with clients through a local relationship model complemented
by a global delivery network that helps clients digitally transform
their organizations and accelerate results. CGI Fiscal 2021
reported revenue is $12.13 billion
and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).
Learn more at cgi.com.
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content:https://www.prnewswire.com/news-releases/cgi-and-fingrid-go-live-with-datahub-providing-finnish-citizens-a-smarter-cleaner-and-more-flexible-energy-system-301498912.html
SOURCE CGI Inc.