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Axpo creating marketplaces with digital platforms

Oil&Gas Materials 21 September 2020 15:26 (UTC +04:00)
Axpo creating marketplaces with digital platforms

BAKU, Azerbaijan, Sept.21

By Leman Zeynalova – Trend:

Swiss Axpo invests strongly in the solutions of the future and is already relying on digital solutions in various areas, the company told Trend.

“For example, we operate Switzerland’s first digital hydropower plant. We are creating marketplaces with digital platforms. We develop energy solutions based on state-of-the-art technologies. From Axpo’s point of few, the energy sector will only be successful if we constantly strive for new, even better solutions.

“IT security is a top priority for Axpo. In general, our security precautions are constantly reviewed and adapted to the latest developments. Axpo, as an operator of large power plants and distribution grid, does not disclose any further details relating to cyber security,” said the company.

With innovative services such as long-term power supply and purchase agreements ('Power Puchase Agreements/PPA'), Axpo has succeeded in consolidating its market position as an international leader in energy trading and the development of tailored energy solutions for its customers. Axpo offers renewable energy investors individual and long-term power purchase agreements at guaranteed purchase prices. This makes it possible to build new photovoltaic and wind power plants that are not subsidised with a fixed feed-in tariff. There is also great interest on the part of consumers. Many energy-intensive industrial companies want to commit themselves sustainably and rely on a long-term, cost-effective, reliable energy supply from renewable sources. With its PPAs, Axpo supports the development of renewable energies and thus helps to produce climate-friendly electricity and reduce CO2 emissions.

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Follow the author on Twitter: @Lyaman_Zeyn

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